= new reply since forum marked as read
The typical household didn't benefit much, though. Most of the wealth remains concentrated among richer families.
This is the story, not that some rich assholes might buy a new car...
others.
With their consent. 
...this ''news'' is meaningless to all but the investment bankers. When the value of money is dictated by the money supplier and not by the relative and actual demand for that currency in the marketplace then you can say whatever the monetary value is that suits your needs. That's how we've technically avoided an economic ''Depression'' by printing as much money for the Masters of the Universe of Wall Street as they say they need (i.e. Quantitative Easing).
Of course allowing a market with free-flowing currency can be problematic as well. Especially with the bizarre income distributions this country's always had and as it is with all monetary systems, in-general. It's how we can technically be in a so-called ''economic recovery'' and yet have about the same level of poverty and unemployment as before, if not more.
And with the banks not issuing any loans to any real persons to speak of (just corporate persons), any asset value increases due to a rising stock market are useless to most of us plebes if it can't be translated into something of value, preferably permanent in nature. On the other hand, doing the Loan-Asset-Cashout Mambo, was the dance we were doing before and what got us to where we are now.
But the built-in hierarchical stratum of this monetary system is a required component of all monetary systems. For those of us fortunate to live in the US -- since everyone else's currency is fiat money too -- (and weaker than our own) -- we've become king of all the fiat money trash heaps, by default......
- Good news everyone!
They have been for a while but have been juicing the numbers like any good Wall Street Investment firm would. Except they're a country. Of course we do it too. As do they all. The numbers won't work at all otherwise. But they've been the engine driving this train and now it's just coasting.
However, they also want to convinced the world that they're the new go-to world currency. But with real demand for their goods and products slumping precipitously (always use Baltic Dry as the real measure) and all those freakish sovereign fiat bonds floating on the high financial seas like so many mines floating out-of-view of the horizon, it's just a matter of time before one of them hits an iceberg.
- Except in this case, we're all in the water and only those with life-jacket$ or who can tread water --- indefinitely, will be saved.....
