It occurs to me that we need a committed crony capitalist to run for President of the United States in the next cycle to lead our county to the truth, that crony capitalism is the marriage of the political class, the central bank and the joint stock company to transfer the intrinsic value of working Americas' wages and bank accounts into the share prices of the politically connected.
As a share holder of the Fortune 500, I am a committed crony capitalist. I am part of the 20% of Americans who hold stock certificates.
When the central bank expands the money supply beyond output by 1 cent, it creates a wealth transfer to my stocks from the value of your dollar.
I want to take this opportunity to thank the great unwashed masses for enriching me, a committed crony capitalist, via your nonparticipating in keeping down monetary expansion beyond output.
Yours,
Gene K. Chapman
ChapmanforPresident2020.blogspot.com
As a share holder of the Fortune 500, I am a committed crony capitalist. I am part of the 20% of Americans who hold stock certificates.
When the central bank expands the money supply beyond output by 1 cent, it creates a wealth transfer to my stocks from the value of your dollar.
I want to take this opportunity to thank the great unwashed masses for enriching me, a committed crony capitalist, via your nonparticipating in keeping down monetary expansion beyond output.
Yours,
Gene K. Chapman
ChapmanforPresident2020.blogspot.com
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