Is the Fed Partly to Blame for Wage Stagnation?

Of course it is. Too much prosperity is bad for the loan business.

And the prime mechanism of wage-fixing today is oversupply of the US labor force via mass immigration.

Illegal wage-fixer Alan Greenspan said so 20 years ago:

“Our skilled wages are higher than anywhere in the world,” he said. “If we open up a significant window for skilled workers, that would suppress the skilled-wage level and end the concentration of income.

Smells like communism to us.

Wage-fixing is a federal crime.

So why is Mr. Greenspan still waking around free?

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