> If anything, the class warfare was the low rates of the past two decades. There were a bunch of different reasons for the widening inequality gap of this mill

> If anything, the class warfare was the low rates of the past two decades. There were a bunch of different reasons for the widening inequality gap of this millennium, but ultra low rates were a giant part of it. This can be true, while at the same time it can also be true that it's irresponsible to suddenly jack up interest rates in the post-pandemic economy. Indeed, it's a kind of consistent class warfare to keep the rates artificially low unless and until wages start to suddenly grow.