• About
  • Contact
  • Submit News
Sunday, March 26, 2023
No Result
View All Result
NEWSLETTER
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality
No Result
View All Result
The Global Elite
No Result
View All Result

90 Percent of Americans are Poorer Today than they were in 1987

by TGE News
20 November, 2014
in U.S. News
0
90 Percent of Americans are Poorer Today than they were in 1987
FacebookTwitter

A study from the National Bureau of Economic Research as well as an admission from none other than the Chairwoman of the Federal Reserve recently indicated that 90% of Americans in 2014 are poorer today than in 1987.

A Washington Post article on the ‘Wonkblog’ section actually broke down the study, and said “The new, harsh reality is that the bottom 90 percent of households are poorer today than they were in 1987,” and “It’s been a lost 25 years for the bottom 90 percent, but a lost 15 for the next 9 percent, too. That’s right: altogether, the bottom 99 percent are worth less today than they were in 1998.”

The info from the chairwoman was presented less boldly than to simply admit that the dollar is inflated beyond repair, and it was phrased to imply that the value of the dollar will continue to improve from the 2008 recession.

Federal Reserve Board Chairwoman Janet Yellen spoke at a conference called the ‘Federal Reserve Bank of Boston Economic Conference on Inequality of Economic Opportunity’ last month, presenting the statistics in a much less dramatic sounding way. She said,

“The wealthiest five percent of American households held 54 percent of all wealth reported in the 1989 survey. Their share rose to 61 percent in 2010 and reached 63 percent in 2013,” she said. “By contrast, the rest of those in the top half of the wealth distribution ‒ families that in 2013 had a net worth between $81,000 and $1.9 million ‒ held 43 percent of wealth in 1989 and only 36 percent in 2013.”

“The extent and continuing increase in inequality in the United States greatly concern me,” she noted. “I think it is appropriate to ask whether this trend is compatible with values rooted in our nation’s history, among them the high value Americans have traditionally placed on equality of opportunity.”

People such as Karim Basta, chief economist at III Associates, praised the Fed chairwoman in a seemingly not very effective attempt to gloss over the problems of the inflated dollar. She said “I think she broke new ground in terms of a Fed chair looking at such a serious socioeconomic issue with that degree of rigor,”.

However, a baby step towards something slightly resembling honesty coming from the fed is ultimately insignificant in the larger scope of things. Whether or not they recognize the increasing devaluing of the dollar and the wealth disparity in America is irrelevant, because they continue to inflate the dollar to avoid the consequences of The Federal Reserve’s previous actions, and all of that inflation has to catch up with us some day.

Meanwhile, as Zero Hedge reports, the stock market continues to set record after record as the number of homeless children reaches an all-time high.

The Dow Jones Industrial Average now stands at 17,633, just off its all-time high.

Also near its all-time highs is the bond market, and coincidentally, the US debt—which is now within spitting distance of $18 trillion.

In other words, if these kids ever do manage to pick themselves up off the streets, they’ll work their entire lives to pay off a debt that they never signed up for.

And it all comes down to a completely perverse, corrupt, debt-based paper money system.

Please share this with anyone who could use some perspective on our economic situation with the dollar.

(Live Free Live Natural)

0 0 votes
Article Rating

18.6k
SHARES
FacebookTwitterSubscribe
PinterestTumblrLinkedin Reddit DiggStumbleupon PocketVkDeliciousBufferWeiboWhatsappXingFlattrMailPrint
Subscribe to Blog via Email
Enter your email address to subscribe to this blog and receive notifications of new posts by email.
Email Address Subscribe
Tags: BankingeconomyFinanceGlobal economyhomelessHomelessnessInequalityInvestmentpoliticsreal-estatestock marketU.S. newsUSAWealth Disparity
Previous Post

30 Years Later, America Truly Is Becoming A ‘1984’ Society

Next Post

Former Landsbanki CEO Sentenced 12 Months for Market Manipulation

TGE News

Your Source for Alternative News and Information.

Related Posts

All Financial Markets Are Rigged
Economics

All Financial Markets Are Rigged

by TGE News
14 May, 2021
233
THEY Are Throwing IT in Our FACE! (Mini-Documentary)
Awareness

THEY Are Throwing IT in Our FACE! (Mini-Documentary)

by TGE News
23 January, 2019
210
The Spider’s Web: Britain’s Second Empire (Full Documentary)
Documentaries

The Spider’s Web: Britain’s Second Empire (Full Documentary)

by TGE News
18 September, 2018
97
Ian R Crane: Can you feel the Winds of Change?
Esoteric

Esoteric Del: Esoteric Banking and the Corporate Curia Connection

by TGE News
18 February, 2018
13
Our Modern Plight: An Observation Into Our Current State In Time & How It Affects Us All
Activism

Our Modern Plight: An Observation Into Our Current State In Time & How It Affects Us All

by TGE News
14 September, 2016
442
A List of Quotes by Politicians That Admit the System is Controlled by Special Interests
Politics

A List of Quotes by Politicians That Admit the System is Controlled by Special Interests

by TGE News
26 January, 2016
1k
How Big Oil Conquered the World (Documentary)
Documentaries

How Big Oil Conquered the World (Documentary)

by TGE News
28 December, 2015
7
12 Days Before ’08 Crash, Congress was Secretly Told to Sell Off Their Stocks
Corruption

12 Days Before ’08 Crash, Congress was Secretly Told to Sell Off Their Stocks

by TGE News
29 October, 2015
121
Load More
Next Post
Former Landsbanki CEO Sentenced 12 Months for Market Manipulation

Former Landsbanki CEO Sentenced 12 Months for Market Manipulation

Ingunn Sigurdsdatter: How can we reclaim sovereignty and control of our lives?

Ingunn Sigurdsdatter: How can we reclaim sovereignty and control of our lives?

Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest
A List of Banks Owned by the Rothschild Dynasty

A List of Banks Owned by the Rothschild Dynasty

19 February, 2013

The History of the ‘House of Rothschild’ (Complete)

24 January, 2013
Wikileaks Is A Rothschild Operation

Wikileaks Is A Rothschild Operation

22 December, 2012
Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

19 September, 2015
The Act Of 1871 – America Incorporated

The Act Of 1871 – America Incorporated

22
Wikileaks Is A Rothschild Operation

Wikileaks Is A Rothschild Operation

6
The Rothschilds Purchased Jerusalem in 1829

The Rothschilds Purchased Jerusalem in 1829

5
Who Controls the Money Supply Controls the World

Who Controls the Money Supply Controls the World

4
David Straight: Awakening Seminar

David Straight: Awakening Seminar

20 August, 2022
The Man Who Knew Too Much (Documentary)

The Man Who Knew Too Much (Documentary)

14 November, 2021
The Puppet Masters Portfolios

The Puppet Masters Portfolios

5 August, 2021
Michael Tellinger: Hidden Origins of Humanity

Michael Tellinger: Hidden Origins of Humanity

29 July, 2021

Connect With Us

Most Read

  • A List of Banks Owned by the Rothschild Dynasty

    A List of Banks Owned by the Rothschild Dynasty

    7 shares
    Share 0 Tweet 0
  • The History of the ‘House of Rothschild’ (Complete)

    100 shares
    Share 0 Tweet 0
  • Wikileaks Is A Rothschild Operation

    4 shares
    Share 0 Tweet 0
  • Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

    2 shares
    Share 0 Tweet 0
  • George Soros Exposed as a Rothschild Agent in the 1990’s

    2 shares
    Share 0 Tweet 0

Categories

Newsletter

Enter your email address to subscribe to our newsletter and receive notifications of new posts by email.

Join 12,351 other subscribers

Latest Posts

  • David Straight: Awakening Seminar
  • The Man Who Knew Too Much (Documentary)
  • The Puppet Masters Portfolios
  • Michael Tellinger: Hidden Origins of Humanity

Site Links

  • Donate
  • Resources
  • Sitemap
  • The Globalists

About Us

TGE news is here to bring you true documented facts on what’s really happening in the world that you will not see in the government controlled mainstream corporate media.

  • About
  • Contact
  • Privacy & Terms
  • Submit News

(OA) 2012-2023 TGE News

No Result
View All Result
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality

(OA) 2012-2023 TGE News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

0
0
Would love your thoughts, please comment.x
()
x
| Reply