Categories Financial Sector How the US Monetary System Steals from the Poor and Gives to the Rich Post author By Mike P. Sinn Post date October 5, 2011 Required viewing for anyone who does not yet understand the complicated mechanism by which the banking system transfers wealth from those at the bottom to those at the top. Post author By Mike P. Sinn Tags banks, fiat money, occupy wall street, transfer of wealth, us monetary system ← Housing Bubble Wastes $2 Trillion on 14 Million Empty Houses → Fraudulent Defense Contractors Paid $1 Trillion