Income inequality is often spoken about but still widely misunderstood. There’s a reason why the vast majority of Americans are barely getting by while the top income earners continue to pull ahead. We’re entering a new phase of capitalism, however, and it stands to affect even some of those who were previously untouched by economic downturns. There is trouble brewing that threatens the preeminence of the U.S. Dollar as the cheap and easy money era comes to a grinding halt. Few of the old tools in the Fed and Treasury toolkit will be as effective as they once were, and the Trump administration seems determined to build a private shadow central banking system that will make matters worse for everyone but the uber-wealthy.

Resources

US Leading Indicators

Art Market Research: Benchmark Indices for the Art Market

Book Love

Jodi Dean: Capital’s Grave: Neofeudalism and the New Class Struggle

UNFTR Episode Resources

Stock Buybacks Surge: Another Red Flag for the U.S. Economy.

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