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Description

In this episode, I am going to briefly explain how inflation created by the Fed through manipulating market interest rates and their encouragement of debt exaggerates the wealth inequality in society. Now although wealth inequality is something vital to a free market economy, extensive inequality where the very rich own more wealth than all the subgroups beneath them combined is not inherent to the free market and a result of the failed monetary policy of the Fed. This subject is going to require more episodes to fully elaborate on so stay tuned!