IPFS News Link • Economy - Economics USA
Martin Armstrong Explains Why The Richest 1% Get Richer
• http://www.zerohedge.com, Tyler DurdenFrom the socialists' viewpoint, this justifies stealing from one group to give to another, despite this model failing in the past. It is also in clear violation of the Ten Commandments. But why does this trend even happen? Is it that the 1% suppress the 99%? Or could it be that government suppresses the 99%?
We have to look closely at how wealth is even measured. This is not cash in the bank, but market value of assets. In other words, unrealized gains. It was this way of thinking that destroyed the independent farmers. The land values soared and estate taxes came into play, the government valued the land at levels as if it was stripped mined for housing. Farmers had to sell off land to pay the taxes.




