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THE WOLF STREET REPORT: How the Fed Boosts the 1%, as Told by the Fed

Summary:
Even the upper middle class loses share of household wealth to the 1%. The bottom half gets screwed. [embedded content] Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate “beer money.” I appreciate it immensely. Click on the beer mug to find out how: Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.

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Even the upper middle class loses share of household wealth to the 1%. The bottom half gets screwed.

Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate “beer money.” I appreciate it immensely. Click on the beer mug to find out how:

THE WOLF STREET REPORT: How the Fed Boosts the 1%, as Told by the Fed

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Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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