re: Fed hides weekly M1 supply, says "money doesn't matter"

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this seems how you get to crazy economic situations like today with our insanely (paper) wealthy top-level with real wage stagnation....and a society that has an ever-decreasing portion of the population that can afford to buy housing, yet housing prices have skyrocketed

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The US Federal government could not have created a more unequal, untenable economic policy if they had been trying.

It is the official policy of the US government, working in concert with the Federal Reserve Bank system that:

1. Megacorporations and investment vehicles (and politically connected investors) get free money, as much as they want

2. Those same groups, with no penalty, are rewarded with the ability to use their free money to invest in other companies and in real estate at near 0% interest.

The 1% of 1% is playing "Heads I win, Tails you lose" by government fiat. But homeowners are seeing their equity go up, and renters aren't having to pay their mortgages, and everyone has some scratch in their back pocket from stimmies.

All of this started in 2007-2008 and nothing has changed.