Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
In 28 seconds, Bloomberg TV's Scarlet Fu explains who really benefits from the 'deal' and Bernanke's ongoing 'wealth effect' policy. Simply put, taxes on 77% of Americans go up… and 20% benefit. "Fair-and-balanced" indeed.
And Blackrock's Larry Fink summed it all up nicely from about 1:40 in this clip: "The American People are the Big Losers In The Cliff Deal"
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