Breaking Old News - QE really does feed Matthew effect! Following bankers' earlier observations we now have official mainstream confirmation that "softer monetary policy increases inequality." Not just in the US. A fresh study by A.L. Anderson etal provides "... new evidence on the distributional effects of monetary policy based on detailed administrative household-level data. The … Continue reading Confirmed: QE feeds Matthew Effect
Tag: Emmanuel Saez
The Unequal Mr Picketty
https://www.youtube.com/watch?v=uWSxzjyMNpU TheRulesOrg 2013 Global Wealth Inequality - What you never knew you never knew update here https://www.youtube.com/watch?v=GcVBM-6DQrg WID 2018 World Inequality Report https://www.youtube.com/watch?v=QPKKQnijnsM&t=172s politizane 2012 Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual … Continue reading The Unequal Mr Picketty