New Data Shows Federal Reserve Is Causing More Inequality
By Ryan McMaken
Back in August, Bloomberg interviewed Karen Petrou about her research on quantitative easing and the Fed’s policies since the 2008 financial crisis. What she has discovered has not been encouraging for people who aren’t already high-income, and in recent research presented to the New York Fed, she concluded “Post-crisis monetary and regulatory policy had an unintended but nonetheless dramatic impact on the income and wealth divides.”
https://mises.org/wire/new-data-shows-federal-reserve-causing-more-inequality
