DrJLT Economics: Money-Printing Widens Wealth Inequality E003

Money-printing is insidious domestically as it is internationally. In this video, I discuss the three symptoms of abusing the money press:

1. Transfer of wealth from the bottom to the top
2. Ever-ballooning asset bubbles that result in systemic risks
3. Distorted signals in the financial markets lead to failed companies and unemployment

These symptoms feed back to money-printing as a vicious cycle.

This video follows my previous episode on the Fed: https://www.youtube.com/watch?v=LPYpNrX8BJM

Find me on https://drjlt.com, and my work https://neofiliac.com