Billionaires boomed in Biden era as Fed became 'engine of income inequality' powered by COVID policies: expert

Billionaires boomed in Biden era as Fed became 'engine of income inequality' powered by COVID policies: expert

Billionaires saw their wealth increase across the last four years due to policies put forth by the Federal Reserve, leading to financial boosts for the wealthy, economists say.

Billionaires boomed in Biden era as Fed became ‘engine of income inequality’ powered by COVID policies: expert

The nation’s wealthiest residents saw their billions grow even larger in the years following the COVID-19 pandemic due to policies from the Federal Reserve that have deepened the chasm of income inequality, economic experts report.  “If you look at the amount of federal regulation, the amount of federal taxes, if anything… the economy has gotten less friendly toward big business, and toward rich people,” economist Peter St. Onge told Fox News Di…

How the Billionaire Boom Is Fueling Inequality—and Threatening Democracy

As wealth concentrates at the top, Europe must act now to defend democracy and economic stability for all.