3 ms·
You made a much better case than I thought you could. But I wonder: Will higher interest rates mean less income inequality? Or just income inequality still i
by AnimalMuppet 3y ago
You made a much better case than I thought you could.
But I wonder: Will higher interest rates mean less income inequality? Or just income inequality still increasing, but increasing more slowly?
That is, is ZIRP the cause, or just one of the causes?
- dventimihasura 3y agoIt's hard to predict the future. All I can say is that these are forces pushing in various directions, creating tendencies. Personally, I would say ZIRP is a factor in income inequality, but not the only one. There are others: - monetary policy - trade policy - labor policy - patent and copyright policy - even foreign policy