90% of stocks are owned by 10% of the people. Propping up stock prices is not crucial to the survival of the average man. The stratospheric heights of the stock market have been produced by the dispersal of unlimited credit to certain favored bankers who donít have to obtain funds by hanging up a shingle with an interest rate that is high enough to entice savers to walk through the door.* A fire hose of money is pumped into their institutions which then park a lot of that money in the stock market either directly or through collateral beneficiaries of … Continue reading →
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