The primary driver of American inequality is inflation itself. When money is created - through central banking systems, expanded by fractional-reserve lending, and guided by government policy - it enters the economy unevenly. Those who receive and deploy new money first—typically financial institutions, governments, and asset owners—benefit before prices rise. Meanwhile, regular workers, pensioners and savers see their money buy less over time. In the end, inflation quietly shifts wealth upward, not because some people work harder, but because they get first access to new money.
This is a great question and I probably will have to think about this more deeply. it warrents its own post. However, here are my initiat thoughts. First, yes balancing a checkbook is a cringe and outdated take. For an economics and government course, I would discuss the 1-federal budget and fiscal policy tools. 2-Market structure and the balance of government intervention, 3-Your role as consumer, demand and spending 4- Your role as wage worker (taxes and income) 5- the role of firms (supply) and profit maximization. What do you think?
The primary driver of American inequality is inflation itself. When money is created - through central banking systems, expanded by fractional-reserve lending, and guided by government policy - it enters the economy unevenly. Those who receive and deploy new money first—typically financial institutions, governments, and asset owners—benefit before prices rise. Meanwhile, regular workers, pensioners and savers see their money buy less over time. In the end, inflation quietly shifts wealth upward, not because some people work harder, but because they get first access to new money.
Keep up the great work. I learned some useful tips for my newsletter.
Thanks.
How does a country build wealth and retain it without robust Primary and Secondary industries?
Great question. Important for countries like Oman. I’ll work on a post about this topics
Thanks so much and always excited to see the great work and growth you’ve been having
Thanks, Jermey. I do appreciate the content you put out. I always learn something new.
That’s the goal
I love the new additions! It fits perfectly with your goal of community building.
Thanks Jadrian. We write for the people!
This is a great question and I probably will have to think about this more deeply. it warrents its own post. However, here are my initiat thoughts. First, yes balancing a checkbook is a cringe and outdated take. For an economics and government course, I would discuss the 1-federal budget and fiscal policy tools. 2-Market structure and the balance of government intervention, 3-Your role as consumer, demand and spending 4- Your role as wage worker (taxes and income) 5- the role of firms (supply) and profit maximization. What do you think?