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Thank you for explaining that. Doesn't Quantitative Easing just destroy the savings of the middle class over time? I don't understand how this helps equality i
by tb_technical 4y ago
Thank you for explaining that. Doesn't Quantitative Easing just destroy the savings of the middle class over time? I don't understand how this helps equality in the long run, because it seems that inflation and Quantitative Easing are tools used to destroy generational wealth.
Do you have a resource you can recommend for self study?
- bryanlarsen 4y agoNeither the poor nor the middle class have significant generational wealth to destroy. Wealth inequality is much worse in the US than income inequality. Inflation decreases wealth and increases income which is why it is a powerful tool to combat inequality.