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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 with Natalie Brunell
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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Listen to the best highlights from the podcasts you love and dive into the full episode