Wall Street and Main Street in 2021: A Tale of Two Cities.

#inflation #SPACs #fees #WallStreet #MainStreet #inequality #FED #QE #Dealmaking #fiatcurrency #stimulus #deficits #centralbanking

Today we will look at the disparity between the financial sector represented by Wall Street and the general public or Main Street.

While the public worries about a continued escalation in the cost of living as the consequence of the massive inflation created by the Central bankers and politicians the few at the top of the corporate and financial world raked in $157 billion in dealmaking fees in 2021.

Our conclusion is that this kind of disparity would never occur in a world without fiat currency, central banking and legal tender laws.

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