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An Examination of Central Banking with Joseph Wang (WiM234)

The "What is Money?" Show

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The Disparity Between Rich and Poor

The disparity between rich and poor has widened over the past 50 years, he says. This is because of a number of factors, including technology's rise in value as well as winner-take-all industries like Google that have taken off. But inflation doesn't actually hurt people who have assets more than those who don't; it just means their wealth disappears with time.

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