Mises Institute

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


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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.
Narrated by Millian Quinteros.
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