July 29, 2024・Guest Commentaries
Inflation Drives Inequality
Government bailouts are surging, converting temporary bank-created money into permanent inflation. This inflation hurts the poor and benefits well-connected banks, driving inequality.
Get the latest headlines, market analysis, and original content from SchiffGold.
Government bailouts are surging, converting temporary bank-created money into permanent inflation. This inflation hurts the poor and benefits well-connected banks, driving inequality.
The commercial real estate market is showing an “urban-doom-loop”, and Washington’s monetary policies are fueling the flames, pushing investors and banks to the brink. Will the government’s interventionist approach spark an economic catastrophe worse than 2008 that exposes the true cost of their reckless actions?