Re:It’s time for a new, progressive supply-side economics
by testfoobar on Tuesday February 02, 2021 @11:29AM
(#26003003)
Progressives would do well to understand how the Federal Reserve actively and enthusiastically promotes wealth inequality.
Take the response last year to the Coronavirus: quantitative easing and zero interest rates drove the stock market to all time highs in parallel with a massive rise in unemployment.
The wealthy got much, much richer. The poor got much, much poorer.
Take the response last year to the Coronavirus: quantitative easing and zero interest rates drove the stock market to all time highs in parallel with a massive rise in unemployment.
The wealthy got much, much richer. The poor got much, much poorer.