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America’s Addiction to Easy Money, with Ruchir Sharma

Capitalisn't

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Debt, Bailouts, and Economic Inequality

This chapter examines the intricate dynamics between government debt and economic policies, particularly focusing on the Federal Reserve's role in promoting a culture of bailouts and rising inequality. It critiques the historical shifts in government intervention since the Great Depression and highlights how modern policies may be exacerbating economic disparities rather than mitigating them. The discussion further explores the implications of oligopolies, regulation, and easy money on productivity and the viability of capitalism in America.

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