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Danielle DiMartino Booth & Jim Bianco: Danielle DiMartino Booth & Jim Bianco: Recession or "No Landing," Rate Cuts, & Bitcoin vs ETFs

Coin Stories

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Fed's Actions and Wealth Inequality

The Federal Reserve is attempting to reduce its balance sheet while the US federal debt continues to rise. This has led to a significant concentration of wealth, with over 94% of assets owned by the top 50% of income earners. Stimulus measures have predominantly benefited the wealthy, exacerbating inequality. Despite the Fed's efforts, the actions seem to be worsening wealth inequality rather than alleviating it.

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