Birdwatch Note
2023-01-21 21:03:51 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
Low interest rates can benefit the wealthy by making it cheaper for them to borrow and invest in appreciating assets, but it also affects savers and other factors also play a role in wealth inequality. https://www.propublica.org/article/how-the-federal-reserve-is-increasing-wealth-inequality
Written by E794424D406F689B48F2896FC76F4DC4837523A67A23E5D184E242DEB341B1C3
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- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- Low interest rates can benefit the wealthy by making it cheaper for them to borrow and invest in appreciating assets, but it also affects savers and other factors also play a role in wealth inequality. https://www.propublica.org/article/how-the-federal-reserve-is-increasing-wealth-inequality
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