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1/28/2016 3:52:09 AM
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Wrong. They invest in assets, resulting in inflated asset values, even as consumer goods and services are experiencing deflation as a result of the dying middle class. Did you know that home ownership is at 60 year lows, even though house prices have returned to pre-recession heights? Because the Federal Reserve with its low interest rates and quantitative easing program orcestrated an even further shift of wealth to the top 1%,.
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