It may seem an odd question, at least in some sense: Since we are all “investors” every time we pay taxes. But what is seldom asked – and there’s no one really advocating – directly for shareholders – is the simple question: “What are we getting for our money today and how does that compare with times in America’s past?
No. I don’t usually put on the forensic economics hat, and I am not doing this exercise out of spite or malice. But the question does come up from time to time either in conversations over drinks, chit-chat with people in general, or when I have to cut one of those quarterly tax payment checks.
Today, therefore, we’re looking into how Americans have been long-term victims to what is arguably the most long-running, pernicious, and evil of all financial crimes, dating back to when “money changers” were kicked out of temples in Biblical times.
Like then, the question today that keeps coming up is “What’s really going on with our money?”
First, a few headlines pre Fed announcement and, as always, our ChartPack view of things…
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