TheVoiceOfJoyce Don’t give Central Banks a pass. While the poor & middle classes fall into debt & can’t get interest on Savings, the wealthy can leverage their assets on low rates & maintain their lifestyles. We can’t do that. Margin for those with a $100,00 is 8.5% for the wealthy, they can borrow at the Fed rate. There’s a huge disparity that can’t be ignored. Inequality is made, it doesn’t happen by chance!

www.economist.com/finance-and-economics/2021/07/10/the-pandemic-has-widened-the-wealth-gap-should-central-banks-be-blamed


Leave a Reply