2min chapter

Coin Stories with Natalie Brunell cover image

Rudy Havenstein: When the Money Changed, the System Broke How Central Bankers Created the Mega-Wealthy 1%

Coin Stories with Natalie Brunell

CHAPTER

The Importance of QE in the Stock Market

The top 0.1%, now on 22.2% of corporate equities and mutual funds, 10% higher than they owned 30 years ago. Stan Druckemiller said it like five years ago, there is no greater thing in existence today, exacerbating wealth inequality than QE. He says it's not even debatable. And this is a guy who benefits massively from QE. So all these policies, all these years, oh, we're going to save Joe Sixpack and his 401k, all they've done is massively increased wealth and equality.

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