Category: Richer

The Rich Are Getting Richer Thanks to the Fed’s Stock Market Pseudo-Intervention
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The Rich Are Getting Richer Thanks to the Fed’s Stock Market Pseudo-Intervention

The Fed’s market intervention is exacerbating wealth inequality. The central bank’s cash injections have driven stock prices higher. As the wealthiest households own the majority of stocks, their wealth has increased while the poor have less money. In an ideal world, the Federal Reserve’s interventions would help those who need it the most. But in…

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