Rate rises and inequality
Debunking Economics - the podcast
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The Complexity of Income Distribution in a Capitalist Economy
Central banks seem to have their eyes closed as to whether it's working or not. Prices are still increasing, just not at the same rate as they were before. And then it matters to whether your incomes are going up as fast - that becomes back to the income distribution issue again. One of the most remarkable things that I found in the Billy Mommodel of Minsky's financial instability hypothesis was that the impact of rising debt didn't reduce the income of the capitalist.
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