businesses and individuals during the Covid-19 crisis and amplified economic inequality. Money is transferred from traditional industry to tech stocks, growth start-ups to rich in cash giants, offline businesses to online businesses.
Tag: Economics
Is FED Really Trying to Protect the U.S. Economy?
FED has been printing money and buying all the corporate bonds and stocks since the beginning of Covid-19 crisis. Can this really bring long term economical recovery or is it just Powell and Trump’s power play at the expense of U.S economy by creating a big bubble?