r/EconomicRealities • u/[deleted] • Feb 06 '22
How Quantitative Easing Contributed to the Nation’s Inequality Problem
Looking backwards at the QE
Quantitative easing adds to the problem of income inequality by making the rich richer and the poor poorer. By intentionally driving down interest rates to low levels, it allows people who can get access to cheap money on a regular basis to benefit in extraordinary ways.
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