Will Never Make World Equal, Says Ritholtz

The video explores the complexities of wealth disparity, focusing on capitalism, tax policies, and the role of the central bank. It discusses the impact of monetary and fiscal policies on wealth inequality, highlighting the effects of the Reagan tax cuts, Clinton's executive compensation rules, and the Cares Act. The Federal Reserve's broader mandate to address the wealth gap is examined, alongside the challenges of economic mobility and opportunity in the United States.

What are the implications of fiscal stimulus on the bottom half of society as discussed in the text?

What has been the trend in economic mobility in the United States over the past few decades?