by Chris Martenson, Peak Prosperity:

Personal safety & security are quickly becoming more important in this era of growing social rage

Decades of unfairness are now boiling over in the United States in the form of protests, riots, burning buildings and violence.

Minneapolis is on fire – literally – and the unrest has spread to numerous other major cities.

Last year (2019) The Yellow Vest protesters in France dealt with enormous amount of police violence and intimidation as they put life and limb on the line to try and wrest better economic and living conditions for themselves.

The people of Hong Kong are back out in force again now that the Coronavirus threat has abated, seeking greater autonomy and control over their own lives. Last year (2019) Chileans also protested, seeking better wages and living conditions.

While the specific demands of each of these movements are unique, they all share common causes.

Our analysis at Peak Prosperity is this: the days of constant exponential growth on a finite planet are drawing to a close. All of the systems that govern the sharing of resources among humans – political, economic and especially financial – are designed to concentrate, not share, wealth.

Taken together, we have an economic pie that is no longer growing but is subject to a set of laws and financial predation that guarantee the wealthy get more than their fair share of what remains.

This leads to increasingly visible, palpable unfairness.

Primates hate that:

In today’s world, it’s grapes for the elites and cucumbers for the rest of us (if we’re even that lucky).

That’s been the model for a long time, but lately it’s been both accelerating and exposed for all to see.

Team Elite™ is busy gorging on grapes. It has granted itself $trillions of freshly printed dollars from the US Federal Reserve in order to prop up ‘their fair share of things’ like bonds, stocks, and derivatives.

That leads to these sorts of jarring headline juxtapositions:

(Source and source)

Without any question whatsoever, the Federal Reserve has been printing up money like crazy and stuffing it into every crevice of the US financial markets in a bid to…well, drive up financial asset prices.

They’ve been extremely tone deaf the entire way while pretending that their aim isn’t to make the rich richer, or deliver fatter profits to banks. Of course, both of those things are indeed happening as a direct result of the Fed’s policies and anybody with eyes can see that — yet the media refuses to acknowledge this.

Really, it’s extremely easy to identify. Here’s what ‘grapes for the wealthy!’ looks like — see that $3 trillion spike since April?

All of that printing leads to some stocks now being at their priciest ratio to earnings ever:

That means that those holding them are being rewarded like never before. And don’t forget that the richest 10% of Americans own over 84% of all stocks

We also see the same price-goosing with bonds. Corporate bonds are now once again approaching historically low yields which means, in the see-saw language of bonds, they are almost as pricey as they’ve ever been. In history:

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