Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claimed last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 26 teams this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this is the latest chapter in the global insert action against banker
So the chairman says this is fine is it fine this is fun just fine. Thank you again. Well this is fine you know the only solution they seem to have over and over is more money printing and the fed is at that again nonstop since 2008 really as paul says fed policies will absolutely not lead to more income inequality this is what he claims last week while cities across america were on fire and notice that he said income inequality you know money printing does it causes asset prices to increase and tech Capital Gains to increase he didnt mention that he didnt mention the wealth gap so i did want to turn to a chart from pew and it shows the share of us aggregate wealth since 1983 to 2016 this is what the fed has been doing this is the upper income went from having 60 percent of all wealth in america back in 1903 to 179 percent and its probably much higher even now middle income has been the huge collapse as you see down from 32 percent to 17 percent so theyre nearly cut in half well this i
To the program in the coming hours restrictions being imposed in many countries around the world will become a lot more extreme in the tent to curb the spread of coronavirus much of europe is going into lockdown in the past few hours france has sealed its borders just as its neighbor spain reported 2000 new cases bringing its total number of infections to more than 11000 but joins me now live from lamb in southwest france and just take us through really the new reality that french people are now having to live with. Well french people are now in lockdown and as you say it really is a new reality because suddenly those liberties that you might take for granted seem to have vanished owns the night you can no longer go out into the street without a very good reason you have to bring a piece of paper with you that is like a permit if you like you have to print off the sense that you are going to the shops the food all that you are going to work because you cannot work remotely from home so
The 02020 football championship which had been due to take place across the continent. Hello welcome to the program our top story restrictions around the world becoming will severe as countries step up their efforts to halt the spread of the coronavirus iran has issued one of the most dire warnings so far saying millions could die if they continue to ignore advice and move around the country malaysia has imposed some of the toughest restrictions seen in asia or outside of china by closing its borders and clamping down on movements all this on the same day it recorded its 1st death and then france has entered a nationwide lockdown as well thousands of police are on the streets to find people if they cant prove that buying food or going to work and the euro 2020 football tournament which was due to be held in 12 different cities across europe has now been put back by a year as paul brennan begins our coverage with a look at the situation in europe. As the noon deadline passed the normall
Administration is saying it wants to send checks to americans giving them cash to spend during the coronavirus crisis. And u. A. For the euro 2020 football championship which had been due to take place across the continent. Restrictions around the world are becoming more severe as countries step up their efforts to halt the spread of the coronavirus iran has issued one of the most dire warnings yet saying millions could die if they keep ignoring advice and moving around the country malaysia has imposed some of the toughest restrictions seen in asia outside of china closing its borders and comping down on movement on the same day it recorded its 1st death there as well france has ended nationwide lockdown thousands of police are on the streets to find people if they cant prove that buying food or going to work and the euro 2020 football tournament which was due to be held in 12 different cities across europe has been put back by a year fulbright and begins our coverage with a look at th