> my point is that our system incentivizes the wrong things - namely financial asset speculation and wealth extraction over real work The actions of the Federa

> my point is that our system incentivizes the wrong things - namely financial asset speculation and wealth extraction over real work The actions of the Federal Reserve over the past three decades have contributed to these incentives. We’ve experienced plentiful supply of money during a period when productivity gains have kept consumer prices low, so money has flowed toward a steady upward pressure on asset prices and a golden age for asset owners.