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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "Fed's Daly on How Disparities Are Affecting the Economy" video.
Inequities are exasperated by Federal Reserve policy. People with corporate assets, the rich, get wealthier while everyone else pays through inflation and taxes that the wealthy avoid paying. It's not so called race or gender that's the dividing line. It's people with substantial wealth who pass along millions or billions from generation to generation and avoid paying taxes by tax breaks, corporate holdings and trusts. The idea of race was created to get the non-wealthy to fight among themselves instead of their overseers.
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