Podcasts Government Capitalisn't Is The Federal Reserve An "Engine of Inequality"?

Is The Federal Reserve An "Engine of Inequality"?

Published: April 22, 2021, 11:48 a.m.

b'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. \\n\\nIn 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.'