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Mar 3, 2021

Blaming the Fed

Karen Petrou, co-founder of of Federal Financial Analytics, is out with a new book that holds the Federal Reserve responsible, in part, for inequality in the U.S. Plus, Samsung is looking to build a chip factory in the U.S., at a price for local governments. And, what happens if letting carbon dioxide loose is no longer free?

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Karen Petrou, author of "Engine of Inequality," laments that investors win and savers lose. "Every time the Fed steps into the market, the markets go up. The markets run by the Fed's clock," she says.
Karen Petrou, author of "Engine of Inequality," laments that investors win and savers lose. "Every time the Fed steps into the market, the markets go up. The markets run by the Fed's clock," she says.
Chip Somodevilla/Getty Images

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Putting some of the blame for inequality on the Fed - Marketplace