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Wealth Inequality and Federal Reserve Policies
This chapter examines the Federal Reserve's role in exacerbating wealth inequality through its financial policies, which have largely benefited the wealthy. It highlights the historical context of U.S. economic policies from the post-World War II era to present day, analyzing the shift from a gold standard to a fiat system and the implications for fiscal stability. The discussion critiques recent quantitative easing measures and calls for reforms in monetary policy to address economic disparities and promote sustainable growth.