> you can't throw a rock at the Wall Street Journal (conservative) or the New York Times (liberal) without hitting a sentence that mentions wealth inequality brought on by fed policy.
I dont feel that's a mass read category. But go to the mass right news you wont see much on inequality at all (obviously you do on the left). Right news like Fox tends to be more about taxes taking your hard work away type rhetoric. And the 'bigger pie' arguement which sounds great but lacks practical application.
> The minute inflation starts creeping up, the federal reserve will have to increase interest rates and cut off the money printer. In an instant, wealth inequality will start shifting the other direction, and valuations will fall.
Really? My understanding is inflation tends to bring wealth inequality on the other end. People who own assets see these protected from value erosion while wages tend to get eroded.
I believe if you want to reduce wealth inequality you need many things but the core is around 1) strong progressive taxation, 2) market regulation to stop monopolistic and similar behaviour and 3) employee protection/regulation to allow workers to have some teeth in the wage negotiations.
I dont feel that's a mass read category. But go to the mass right news you wont see much on inequality at all (obviously you do on the left). Right news like Fox tends to be more about taxes taking your hard work away type rhetoric. And the 'bigger pie' arguement which sounds great but lacks practical application.
> The minute inflation starts creeping up, the federal reserve will have to increase interest rates and cut off the money printer. In an instant, wealth inequality will start shifting the other direction, and valuations will fall.
Really? My understanding is inflation tends to bring wealth inequality on the other end. People who own assets see these protected from value erosion while wages tend to get eroded.
I believe if you want to reduce wealth inequality you need many things but the core is around 1) strong progressive taxation, 2) market regulation to stop monopolistic and similar behaviour and 3) employee protection/regulation to allow workers to have some teeth in the wage negotiations.