- Federal Reserve policy has favored the wealthy and widened the wealth gap.
- The hypocrisy of their efforts can be seen in the bifurcation of the "Have's" and the "Have Not's".
- While the wealthy travel the globe on private jets making policies largely unaffecting their lifestyle, the average person has a harder time trying to buy a starter home.
- Adding to the narrative, the lack of capital investment is going to force cost increases in the basic necessities of life, including food inflation and utility cost inflation.
- Ultimately, by keeping short-term interest rates too low for too long, and bailing out wealthy speculators at every fork in the road, the biggest bubble in modern market history has been created.
For further details see:
The Fed Is A Primary Reason For Wealth Inequality