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In a capitalist system (that is not collapsing), income inequality will always trend upwards, high interest rates won't stop it. However, low interest rates acc
by listenallyall 9y ago
In a capitalist system (that is not collapsing), income inequality will always trend upwards, high interest rates won't stop it. However, low interest rates accelerate the increase in inequality.
Income inequality has expanded at an unprecedented pace in the past 10 years, during which, global interest rates have been the lowest they've ever been.