When central banks become one-stop policy shops
newscatcher
2022-04-20 14:30
When central banks become one-stop policy shops
ALL AROUND the world politicians are exercised by the yawning gap between haves and have-nots. For every $1 the average white American household earned in 2019, the average black one made only 51 cents. For every $1 in wealth held by a white household, a black one owned just 15 cents. Joe Biden came into the presidency promising to tackle such disparities, vowing that 'The dream of justice for all will be deferred no longer.' In New Zealand Jacinda Ardern, the prime minister, promised to 'make homeownership possible again'.

https://www.economist.com/special-report/2022/04/23/when-central-banks-become-one-stop-policy-shops

#economist
Hide Comments Comments (0)

You must login before you can post a comment.