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by UncleEntity
2976 days ago
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I can actually use that exact same argument to claim the opposite. The federal reserve driving high monetary inflation (ie low interest rates) has fallen squarely in the times of the most income inequality, the 1920's and today. The Federal Reserve and its monetary policies can not be ruled out as the issue. |
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> The Federal Reserve and its monetary policies can not be ruled out as the issue.
The current easy-money policy postdates the trend of rising inequality by around four decades; it can unequivocally, therefore, be ruled out as the cause of that trend, unless one accepts retrocausality as plausible.