Since the financial crisis of 2007-2008 the Federal Reserve Bank of New York has created over $40,000,000,000,000 dollars out of thin air and injected that money into Wall Street and foreign banks. That 40 trillion dollars divided by 330 million people in the United States comes out to roughly $120,000 per person. So as our Federal politicians congratulate themselves about saving the day the giving everybody $1,200 dollars please realize that the vast majority of the American people are getting a tiny fraction of money from the Federal Reserve bailout that never seems to end. And for the growing number of people who are living in America’s tent cities they are most likely being totally left behind again by the federal government. If these people living in the tent cities had access to the money that was being created out of thin air by the Fed or if they had connections to a firm like The Carlyle Group or Blackrock that has access to this money they would be able to pay for the necessities of life.  On the other end of the spectrum there is everybody that has a connection to the Federal Reserve Bank of New York and the magical money printing machine that it controls. For an organization such as The Carlyle Group with numerous connections to the New York Fed things seem to be looking great, and for an organization such a Blackrock with extraordinary connections to the New York Fed things could not be going better.

An example of the advantages of having access to money that is being created out of thin air is what happened to Taylor Swift and control of her early music. When the New York Fed creates trillions of dollars out of thin air and gives that money to the banks that own it the banks then decide what they want to do with the money. One option that the Wall Street banks have is to return that money to the Fed and get paid interest on that money and every year nearly thirty billion dollars is given to the banks for the hard work of having money created out of thin air and getting paid interest on that money. It is very disturbing listening to members of the Fed try to explain how giving Wall Street tens of billions of dollars in subsidies is somehow beneficial to society but they do give it their all. In a system of trickle down monetary policy like the one in the United States right now the money and privilege will flow downward from the New York Fed to one of their primary dealers to an organization like The Carlyle Group and then to anybody who is privileged enough to be part of the free money train. In the case of Taylor Swift it was Scooter Braun that somehow had a connection to The Carlyle Group and the magical money train it is privileged enough to have a seat on. For $330 million dollars the rights of Taylor Swift’s music were purchased and it is highly likely that the money used to buy those real and valuable assets was money created out of thin air. We have a very dangerous situation in America right now were a very small number of people of being able to enjoy the privileges of money being created out of thin air and I do believe that if we don’t reform our system of monetary policy to more equitably distribute the benefits of money being created out of thin air this problem will grow worse and continue to destabilize the United States.