Regarding “Gap between rich and poor grows wider” (Page A-3, July 29):
There is no mystery why income inequality has widened in the past few decades: The Federal Reserve has the power to create money, better known as inflation or easy money, and the supply of money has increased by trillions of dollars for more than three decades.
Archive for July 31st, 2012
My letter to the Record about income inequality
31
Jul
