Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

Article - Media

How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich

Matt Taibbi

Rolling Stone, 13 May 2020

This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain.

Continue reading “Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino”

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?