Hi Mossonarock, and LOL, because the GOP promised raises and they speak, mostly , with forked tongues! GOLD is the world standard of wealth. probably since Croesus, and that is what once backed America’s money. We don’t have anything backing our money now except maybe ----war.
My curiosity was peaked about the rich—because if there is no gold , or very little of it—can people be rich in paper? Probably not, as we can read in American history of how many leaped from tall buildings during the Depression—as all their “paper,” was worthless.
It seems to me that if the corporates keep buying up their stock to make it seems higher in value------ then what gives it the value? I am thinking that when the next crash comes stock paper might as well be toilet paper for all the good it would do. So, in a way, with nothing to back the American dollar-------even the rich with , all their stock papers. will be paupers too.
Sad for the people---------but in a perverse kind of way----a great equalizer.