Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t

Tags: The Fed, Inflation, Monetary Policy, U.S. Economy

09/04/2024 Artis Shepherd

A few years ago, the leftist publication The Intercept claimed that inflation only hurts the “one percent,” but is “good” for everyone else. The truth is much different, as the Fed’s inflationary policies have benefited the politically-connected crony class.

Original article: Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t

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