[Waking Times]: Make no mistake, the government’s reaction to COVID-19 — shutting down business, forcing people to state home, all the while granting monopolies to massive chains like Amazon, Walmart, etc. — has decimated the middle class and pushed the already-struggling poor that much deeper into despair. But you won’t see the owners of those monopolies complaining as they have seen their wealth soar to unprecedented highs.
As the rest of the country struggles to pay their mortgages, has their businesses shut down, and descends into poverty, COVID-19 for the super rich has been a record setting windfall. Four of the most controversial billionaires on the planet, Jeff Bezos, Bill Gates, Mark Zuckerberg and Larry Page have seen their wealth increase by hundreds of billions in just the last 10 months.
While these big movers receive constant coverage in the media, another group of billionaires on Wall Street were making insane profits off of the government-mandated shutdowns too. To be clear, making profit is a fantastic thing. Free trade among individuals is grand and creating excess wealth while doing so is a marvel of capitalism. But hedge funds don’t exactly play in a “free” market. They exist in a highly controlled market which allows them to rig the game and take in billions based on economic suffering....<<<Read The Full Article Here>>>...