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Is The Federal Reserve An "Engine of Inequality"?

EPISODE · Apr 22, 2021 · 43 MIN

Is The Federal Reserve An "Engine of Inequality"?

from Capitalisn't · host University of Chicago Podcast Network

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. In 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. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Is The Federal Reserve An "Engine of Inequality"?

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This episode is 43 minutes long.

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This episode was published on April 22, 2021.

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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. In a new book, "Engine of Inequality: The Fed and The Future of Wealth In America", Karen...

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