Danielle DiMartino: “I find this to be highly ironic (Powell’s remarks on inequality) because the Fed has been instrumental in widening inequality by looking like they want to prop up Wall Street and the top 1%…who own 80% of stocks.”

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See also  Remarks by Under Secretary for Domestic Finance Nellie Liang: "more recently, in the days immediately following the bank failures, substantial margin calls from clearinghouses to highly leveraged hedge funds appears to have added to Treasury market volatility."
See also  Powell on Bank Acquisitions


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