Mises Institute Trump's Monetary Policy Favors the Wealthy over Ordinary People
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Apr 26, 2025 AI Snips
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Low Rates Favor the Wealthy
- Trump's push for low interest rates benefits wealthy asset owners more than ordinary people.
- This policy increases inequality by favoring higher income groups disproportionately.
Wealthy Benefit More from Debt
- Wealthy individuals hold more debt and thus benefit more from paying back loans with devalued currency.
- Poorer people, with fewer assets and less debt, gain far less from inflationary policies.
Policy Hurts Working Class
- Trump's monetary policies do not help the working class, but enrich the highest income earners.
- His low interest and inflation policies deepen economic inequality.