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by AnimalMuppet 868 days ago
You made a much better case than I thought you could.

But I wonder: Will higher interest rates mean less income inequality? Or just income inequality still increasing, but increasing more slowly?

That is, is ZIRP the cause, or just one of the causes?

1 comments

It's hard to predict the future. All I can say is that these are forces pushing in various directions, creating tendencies. Personally, I would say ZIRP is a factor in income inequality, but not the only one. There are others:

- monetary policy

- trade policy

- labor policy

- patent and copyright policy

- even foreign policy