Monday, May 3, 2021

The Fed helped fuel stock market boom — but deepened income inequality - The Washington Post

"High-wealth households do much better in a low-rate environment than lower-wealth households do," Mark Zandi, chief economist of Moody's Analytics, said. "The low-interest environment increases inequality by increasing the wealth of people who are well-off."…
https://www.washingtonpost.com/us-policy/2021/04/26/federal-reserve-interest-rates-inequality/


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