Michael Bloomberg on the Feds actions and wealth inequality

Posted By on May 2, 2014

michaelbloombergLove him or hate him, billionaire “business magnate, politician and philanthropist” Michael Bloomberg clearly understands the effect the Federal Reserve has when it comes to pumping money into the economy. So simple and so true when it comes to who benefits the most from government trying to solve business and wealth inequity problems. He is equally as clear when it comes to creating jobs and what happens when government goes “taking from the top and giving to the bottom.” This one minute CNBC clip is well worth the listen.

  A one-minute CNBC snippet with Michael Bloomberg – 5/2/2014

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.