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Blaming the Fed

Heard on:
Federal Reserve offices in Washington, D.C.

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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Segments From this episode

How might putting a price on carbon work to curb emissions?

by Mitchell Hartman Mar 3, 2021
One way to pay directly for the cost of climate damage from fossil fuels is to impose a tax on carbon.

Did the Federal Reserve make economic inequality worse?

by David Brancaccio and Daniel Shin Mar 3, 2021
Fed watcher Karen Petrou believes so, and she says the Fed can fight inequality with targeted policies.

Music from the episode

Power - Instrumental Nicholas Britell

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