Asset inflation is the cause of income inequality. That’s why it has been a huge problem especially during Obama’s time until now. It’s 100% the fault of the Fe

Asset inflation is the cause of income inequality. That’s why it has been a huge problem especially during Obama’s time until now. It’s 100% the fault of the Federal Reserve but they refuse to take blame. Lower income households cannot accumulate assets. But the Feds policies have created asset inflation and not CPI inflation. So the lower income families can’t complain they can’t buy food, but they can’t buy anything else like a house. They can’t compete against anyone unless they start investing in assets but they can’t. Meanwhile in Silicon Valley there is so much wealth it’s reached critical mass. House prices are a joke because anyone who has stock compensation has made a ridiculous amount of money. The difference between asset accumulators and those that don’t is stark. My wife and I have become multi millionaires in the last 5 years because our house and stock have gone through the roof. My friends without stock don’t have as much luck and are in the same position as before but no ability to buy anything. I mean for Christ’s sake my comic book collection value has quintupled for no good reason except people chasing assets. So of course you won’t see inflation in assets because the Fed is burying their heads in the sand over it.