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Markets focus on Fed chair’s Jackson Hole speech

Nick Beams  |  August 27, 2020

By Nick Beams, includes “… The massive $3 trillion injection by the Fed since the plunge, backing every sector of the financial markets, has poured hundreds of billions of dollars into the coffers of the financial elites, above all those holding technology-based stocks. Last May, Forbes’ global rich list reported that the world’s 25 richest individuals had increased their total wealth by $255 billion in the space of just two months.”

Read the full article on: World Socialist Web Site

 
 
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