Inactive Tutor answered • 09/07/14
Tutor
New to Wyzant
From the beginning formation of this country, the European elite directed events that influenced colonial life through the 1929 depression, stagflation of the 70's as well as the 80's and current recession. The elite fostered slavery and took land by whatever means necessary including mass genocide of the Indians.
Today world's central bank determines, by its policies and practices, what a dollar is worth. Most Americans earn a living by the hour or by a fixed salary. The elite however, earn a living by the value of stock and other capital gains ventures, which almost always translate into higher earnings when the American worker's earning are restricted.
How do our economic decisions affect our lives? The elite make decisions on buying their fourth multimillion home and in ownership investments in companies. Their multi-million decisions include evaluating whether to tear down and build a new home in Key Largo or Antigua or lay off 22% of a company’s work force. Most Americans decisions center on which SUV or what school district should they choose. These decisions hardly have the impact that the elite and central bankers have on our lives.
How do our economic decisions affect our lives? The elite make decisions on buying their fourth multimillion home and in ownership investments in companies. Their multi-million decisions include evaluating whether to tear down and build a new home in Key Largo or Antigua or lay off 22% of a company’s work force. Most Americans decisions center on which SUV or what school district should they choose. These decisions hardly have the impact that the elite and central bankers have on our lives.
