Fact sheet on Geithner- Obama plan


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Seems much of the latest proposal is designed to attract private capital by offering investors a sufficiently high level of profit.

This directs income to those with financial capital, who now look to be the main beneficiaries of the new administration.

Hard to expect otherwise from an administration that doesn’t understand how the currency works and therefore believes itself hostage to outside financial capital.

The salary caps on business leaders is in odd contrast with increased returns on private capital.

 

Final Financial Stability Fact Sheet


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