We spoke with author Jim Mosquera, who’s just published a follow-up book Escaping Oz: Navigating The Crisis. He covers how neither Federal Reserve, nor the Federal Government have rescued the economy by issuing record amounts of debt. Rather they have simply aided the wealthiest members of society by inflating asset prices. This has led to more income equality and less opportunity for the middle class. Jim advocates market based solutions, which will have the effect of lifting all boats and solving the crisis much faster than any economic intervention possibly can.
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