“Banks – with the happy connivance of the Fed – create new money. Corporations use it to buy their own shares. Central banks buy shares too.  Besides, buying stocks seems to please everyone who matters. Investors are happy. Speculators are happy. Economists are happy. Politicians are happy, too.  After all, a rising stock market means the economy is getting better, doesn’t it?  But there is a heavy price to pay, dear reader. The financiers end up owning more of the real businesses… the real enterprises… the real houses… the real output of the real economy.  Wall Street firms own more houses. And more stocks. All are bought with money that they – or their cronies – created.”

http://www.bonnerandpartners.com/the-greatest-fraud-ever/

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