Stratospheric wealth inequality is much more a consequence of monetary policy than tax policy. When the apparent goal of policymakers is to prevent large sustai

Stratospheric wealth inequality is much more a consequence of monetary policy than tax policy. When the apparent goal of policymakers is to prevent large sustained drops in the value of financial assets, then those who primarily own financial assets will see their wealth effortlessly increase while the majority of the population who trade labor for money will remain in place.