Difference: Citizens Voting and Masses

difference: Today's elites include bankers and politicians, according to The Guardian. The masses are disillusioned citizens voting their frustration. Economic conditions for the masses far lagged those of the aristocracy. That dichotomy is the difference between what central banks say and what people feel. The financial press applauded the start of a tightening phase as reflecting economic stability. Last week, the US Federal Reserve raised interest rates by a quarter point. (news.financializer.com). As reported in the news.

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