Puts JP Morgan Chases’ paltry $13 billion dollar fine in perspective…they are just going to give back a miniscule fraction of what the Taxpayers already gave them!



nimblecivet 5 years 43 weeks ago

Back in April 2012, Faber said the world will face "massive wealth destruction" in which "well-to-do people will lose up to 50 percent of their total wealth."

Or 50 percent of well-to-do people will lose all their wealth?

Or just keep printing until everybody in the well-to-do category is flush in their accounts with Fed guaranteed- and QE originated- notes?

I found the little 2.5 min. video linked in the article helpful to bring into relief the nature of Bernanke's strategy. http://www.cnbc.com/id/43268061

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