In news that will completely shock everyone, COVID was a big scam that made billionaires super rich:
U.S. Billionaire Wealth Rises 40%, Up $1.1 Trillion, Since March 2020
As we have continued to document, Central Bank “responses” to the Covid pandemic have done little for lower and middle class Americans and continue to disproportionately enrich the already wealthy. Further evidence of how the Fed’s flawed policies work, in action, came from the Institute for Policy studies and Americans For Tax Fairness, who yesterday issued a press release noting that 10 months into the Covid crisis, America’s billionaires have seen their wealth rise 40%, or $1.1 trillion.
Using March 18th as a starting point for the pandemic, the release offers up similar stunning numbers to those that we have been covering since 2020.
“Not much has changed for America’s billionaires in the midst of the crisis—except the further swelling of their bank balances,” the release says. “The combined fortune of the nation’s 660 billionaires as of Monday, January 18, 2021 was $4.1 trillion, up 38.6% from their collective net worth of just under $3 trillion on March 18, 2020, the rough start of the pandemic.”
“At $4.1 trillion, the total wealth of America’s 660 billionaires is two-thirds higher than the $2.4 trillion in total wealth held by the bottom half of the population, 165 million Americans,” the release notes.
- 16 million Americans collecting unemployment
- Unemployment rate skyrocketing
- 12 million workers have lost their health insurance
- Over 100,000 small businesses permanently closed
Who could have ever saw this coming?
Not like I mentioned this exact thing back in March or anything. Clearly, no one could have ever expected this result.
Sarcasm aside, this was an obvious intention from the start. Mega-corporations were at a perfect advantage for the COVID lockdowns, being competitively immune while their competition was easy prey to the laughable “14 days to stop the spread”.
The centralizers were afraid of losing a bit more money, so they simply made it illegal to give money to anyone that wasn’t them. And the American people, in a predictable manner, trusted the “experts” and let them do it.
In completely related news:
Half of the country is in a constant state of rage and the other half is terrified of a cold germ. What a time to be alive.