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IPFS News Link • Economy - Economics USA

This Is Why the Middle Class Is Dying

• https://www.lewrockwell.com, By Bill Bonner

A niece was visiting from North Carolina. She left this morning for Paris.

We warned her, "Paris is the biggest tourist draw in the world. Naturally, it also has a thriving industry that preys on tourists.

"People will come up to you and say: 'Do you speak English?' You'll be eager to help them. Just say 'non,' and keep walking. Or they'll pretend to find a gold ring on the sidewalk, just behind you. They'll ask if it is yours. Just keep walking.

"Watch out for gypsies. They work in groups. One will bump into you or distract you, while another picks your pocket.

"Oh… and don't smile. If you smile, they'll take you for a tourist, especially an American.

"The French don't smile at strangers. They think they only have a limited supply of smiles; they're not going to waste them on people they don't know."

Largest Theft in History

Now, back to our beat…

As expected, Ms. Yellen smiled yesterday, announcing no change to the Fed's extraordinary policies.

For the last eight years, she has been aiding and abetting the largest theft in history.


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