How is monetary policy helping anyone but the rich again?

[spazzdla]

http://www.thesimpledollar.com/a-dose-of-financial-reality/

??

[4underthru9]

Re: How is monetary policy helping anyone but the rich again?

More recent numbers; later than 2011 that is; would probably make these numbers even higher.

[spazzdla]

Re: How is monetary policy helping anyone but the rich again?

I kinda of don't even want to see the 2014 numbers :S, it makes me sad.

[LOFT]

Re: How is monetary policy helping anyone but the rich again?

I wasn't sure where the author of the blog was going to go with his conclusions after laying out his data (ie. political agenda), but I found his conclusions refreshingly blunt and grounded in reality.

I really do believe my kids (recent graduates who have entered the work force) have it tougher than I had when I got my first job.

Now if you're 55+ and unemployed today, you've got a tough row to hoe, but thirty years ago..prospects were OK.