Is The Federal Reserve An "Engine of Inequality"?
Capitalisn't - Podcast tekijän mukaan University of Chicago Podcast Network - Torstaisin
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What is causing the widening wealth gap in America? People point fingers in many different directions, but a fairly new idea is to blame The Federal Reserve. In a new book, "Engine of Inequality: The Fed and The Future of Wealth In America", Karen Petrou, a managing partner at Federal Financial Analytics, argues that The Fed's ultra-low interest rate policy has benefited the wealthy at the expense of the poor.
