Quantitative Easing

Congress has given the fed authority to manage currency. And only the federal reserve can do that and create new dollars. When you're pursuing a policy that tries to stimulate growth by pumping up asset prices, you are increasing the already very wide gap between the very rich and everybody else. That's exactly what the legacy of quantitative easyn at zero % ince straight has been. It has been a critical driver widening the gap between the rich,. not noto the rich and the poor, but like the top one per cent from everybody else.