Powell has shown no meaningful concern for, or awareness of, the widening of income and wealth gaps generated by Fed policy. https://t.co/Tmc68ra5av
— Harald Malmgren (@Halsrethink) August 27, 2020
The Fed is not only silent to the asset bubble and the resulting expanding wealth gap but is actively encouraging it and with it is accelerating ever wider social divisions and political tensions that have been building for years.
Reckless doesn’t even begin to describe it. https://t.co/5GTh3pPBL7— Sven Henrich (@NorthmanTrader) August 27, 2020