Central banks can’t reduce inequality – it’s time for ministers to act

Central banks can’t reduce inequality – it’s time for ministers to act - short news


Central bank policies have enriched the wealthy – bold politicians must start redistributing wealth

In the Forbes list of the World’s Most Powerful People for 2012, Ben Bernanke, the then chair of the US Federal Reserve, held the sixth position, while Mario Draghi, the then president of the European Central Bank, came in at number eight. They were both ranked above the Chinese president, Xi Jinping. As the global economy struggled with the aftermath of the global financial crisis..


Read more on The Guardian

source: The Guardian - 21.07.2021

Top