Powell Says Fed Policies ‘Absolutely’ Don’t Add to Inequality
Of course they do. When the Fed bails out people with equities and homes those without equities and homes (the poor to middle class) are left behind.
(From Yahoo Finance)
“We crossed a lot of red lines that had not been crossed before,” Powell said. “I’m very confident that this is the situation where you do that and then you figure it out.”
Reprinted from: https://www.ac2news.com/2020/05/powell-says-fed-policies-absolutely-dont-add-to-inequality/
