Lloyd Holiday’s The Cost of a Thing Podcast #20 is about the Federal Reserve super rip-off, and is number eight on Lloyd’s list of the Top Ten Super Economic rip-offs of all time. In this podcast, Lloyd highlights the role of the Federal Reserve Bank in lowering the USA standard of living since the 1960’s. He discusses how the Federal Reserve has undertaken a rogue mission to prop up asset prices over the past 40 years, and how this has lowered the value of work and the money gotten from work, and hence our standard of living in general. “We are working more, and getting less for it.” If you’ve listened to any of Lloyd Holiday’s past podcasts, you know Lloyd believes that the American standard of living in the 1960’s was better than the one we have today, especially for the middle class and the younger generations, Generation X and the Millennial Generation. He believes the main reason for the decline in the American standard of living are the wide range of economic rip-offs that are draining and robbing our economy and Americans today. These top ten giant rip-offs are the ones that affect our standard of living the most negatively. He has already completed podcasts on the housing, medical, the college rip-off, the population rip-off, the inflation rip-off, the corporation rip-off, the government statistic rip-off, and now the Federal Reserve super rip-off, the first eight of his top ten super rip-offs. His upcoming series of podcasts will examine and describe what he believes are the remaining Top 10 Worst Economic Rip-offs today, as well as many other issues that are weighing on our 2019 American standard of living.
Link to the brief summary of my novel The Cost of a Thing: Podcast #16: What it was Like Growing Up in 1960’s Southern California, USA
Link to my novel on Amazon:
0 Comments