- Parent Category: NATURAL LIVING
- Category: THE BIOME
- Last Updated: Thursday, 26 March 2020 10:21
“You must understand, this system (of wealth aggregation to a few individuals) was not for a month, or a year, it is for ever. Eventually all this money will be competed out, and that’s when it will benefit everyone…(shrugs) …or something like that.” Jaimi Dimon, CEO of JPMorganChase, the “world’s most successful banker”, explaining to Congress the principle of Trickle-Down Economics.
We shall not discuss trickle-down economics here, we have a complete separate category where we make fun of the fables we are forced to live by. The thing is supposed to work like this: The more money the millionaire has, the more he spends, and that is when each of us get our share of his fortune. So, your duty is make sure the millionaire gets as rich as possible, because his wealth will trickle down to you. This has absolutely nothing to do with this article, except this one thing: America is gaining millionaires every day. Not only those who get rich in America, but the rest of the world’s millionaires are flocking to America. According to trickle-down theory, Americans must surely be the most prosperous people on earth, getting richer every day, no?