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Business & Economics
Trump has put himself squarely in the camp of ‘Wall Street over Main Street’
73% Informative
Trump administration pushing for artificially low interest rates and monetary inflation.
This is because low-interest-rate policy increases disposable income far more rapidly for people at higher income levels than it does for those at lower income levels.
Easy money fuels asset price inflation, and that’s only helpful if one owns a lot of assets.
Ryan McMaken : Low-interest-rate policy helps boost the wealth of wealthier segments of the population.
He says the average gains for people at the lower end are far smaller, or in some cases “negligible” or “precisely zero” McMaken says Trump is coming down squarely on the side of Wall Street and the wealthiest households.
VR Score
79
Informative language
85
Neutral language
31
Article tone
informal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
detected
Time-value
medium-lived
External references
7
Source diversity
3
Affiliate links
no affiliate links