Bernanke: Fed QE Contributes To Inequality, Says It Should Not Concern Fed – ValueWalk Premium
Ben Bernanke The Courage To Act

Bernanke: Fed QE Contributes To Inequality, Says It Should Not Concern Fed

Former U.S. Federal Reserve Chair Ben Bernanke acknowledged today that the use of “non-traditional” quantitative stimulus might have, in fact, widened income inequality, but he also notes this didn’t disadvantage the middle class and poor and said it should not be a concern of monetary policy.

“The claim that Fed policy has worsened inequality usually begins with the (correct) observation that monetary easing works in part by raising asset prices, like stock prices,” Bernanke wrote on his

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