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Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.

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Ben Bernanke

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The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.

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Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.

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April 23, 2024

Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.

Previous

April 23, 2024

The best solution to income inequality is providing a high-quality education for everybody. In our highly technological, globalized economy, people without education will not be able to improve their economic situation.

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