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It’s ironic that Janet Yellen has been out there talking to the press and saying that the Fed needs to take a more active role in fighting wealth inequality as it is the Fed’s policies that create so much inequality in the first place. In this clip from Episode 701 I talk about one of the ways in which Fed policy encourages wealthy people to avoid paying certain taxes, making the wealth inequality gap even bigger in the process.
Listen to the FULL episode:
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