If People Understood This One Thing, We Would Have Revolution Overnight


In his new book, The Economics of Revolution, DeGraw writes:

“Having that much wealth consolidated within a mere 1% of the population, while a record number of people toil in poverty and debt, is a crime against humanity.  For example, it would only cost 0.5% of the 1%’s wealth to eliminate poverty nationwide.  Also consider that at least 40% of the 1%’s accounted for wealth is sitting idle. That’s an astonishing $13 trillion in wealth hoarded away, unused.”

In this clip from the full 30-minute interview, DeGraw points out that the Federal Reserve is already printing money and giving it away to the financial elite.

Dit bericht werd geplaatst in Democratie, Economie en getagged met , , , , . Maak dit favoriet permalink.

4 reacties op If People Understood This One Thing, We Would Have Revolution Overnight

  1. oglach zegt:

    I’m no economist, by any means, but this was very interesting; it made me think, which is a feat unto itself. Thanks.

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