The Bottom Line on ZIRP


too-big-to-fail

These are the results in a nutshell (links provided):

Easy money from the Federal Reserve has made many owners of financial assets rich—U.S. household wealth hit a record in the second quarter—but hasn’t done much for workers. U.S. median income is below the level of 2009 and the labor-force participation rate remains at 1970s levels.

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