All US residents were taxed to bail out the banks. Not through a traditional "tax" that only the middle class and rich bear the brunt of.
The tax was through the inflation that is being created through the $300B in loans added to the Fed's balance sheet in the last week...
Something I wrote a few years ago:
https://open.substack.com/pub/valkyrie/p/federal-reserve-policy-is-flawed?utm_source=direct&utm_campaign=post&utm_medium=web
steven / StevenMcClurg
npub1nv…0paqn
2023-03-17 13:23:32
Author Public Key
npub1nvxnc8egjlhpqtzrxmav3yk8frf3p7y9wujgwrcgwep2xr77xrvsa0paqnPublished at
2023-03-17 13:23:32Event JSON
{
"id": "aa35ba1d8e02502ce4c6d2e85b048969a7e4bce5d83bbf92bdeb3a9ced5fd612",
"pubkey": "9b0d3c1f2897ee102c4336fac892c748d310f8857724870f087642a30fde30d9",
"created_at": 1679059412,
"kind": 1,
"tags": [],
"content": "All US residents were taxed to bail out the banks. Not through a traditional \"tax\" that only the middle class and rich bear the brunt of.\n\nThe tax was through the inflation that is being created through the $300B in loans added to the Fed's balance sheet in the last week...\n\nSomething I wrote a few years ago:\nhttps://open.substack.com/pub/valkyrie/p/federal-reserve-policy-is-flawed?utm_source=direct\u0026utm_campaign=post\u0026utm_medium=web",
"sig": "1b36b389b77caea966b1e933c955940e3eeeca43b5272666f9e2aa6d20d9e181417f70fb3c66c9b141d85aa84936d63a3d3c5612b94189672fcdc8570618a669"
}