Stocks and Precious Metals Charts – Latest Version of the Trickle Down Theory – The Elite’s Treat

from Jesse’s Café Américain

“Trickle-down theory – the less than elegant metaphor that if one feeds the horse enough oats, some will pass through to the road for the sparrows.” – John Kenneth Galbraith

“The money was all appropriated for the top in the hopes that it would trickle down to the needy.” – Will Rogers, Nov 26, 1932

“These violent delights have violent ends. And in their triumph die, like fire and powder.” – William Shakespeare, Romeo and Juliet

There really is nothing new in the world of finance and economics, is there.

Just the same old same old, simple scams and canards, but with even more elegant phrasing and theories layered on like sweet icing of modernity.

Have a pleasant evening.

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