link to original reddit post by /u/pfitzz


There are constant posts in /r/politics and /r/politicalhumor about how dumb and ineffective trickle down economics is. What they really mean are tax cuts, deregulation, etc. But they always miss the biggest, most aggregious form of trickle down economics - monetary policy.

Quantitative easing, FED policy, interest rate targets, all of these things explicitly benefit those largest banks and corporations that are "to big to fail". And through inflation, these programs harm the most vulnerable THE MOST. Inflation is a direct tax on the poor and their savings. Its a joke.

Why is a blind eye turned by progressives to this? The amount of tax revenue lost by a marginal corporate/income tax cut pales in comparison to the money spent on these programs.

This should be the subject of the memes. The FED is the enemy here.