Muni Market Promotes Inequality: Jenkins

The video discusses the role of municipal debt in perpetuating inequality in the U.S., as explored by Stanford professor Dustin Jenkins. It highlights historical biases in credit ratings, the impact of municipal bonds on different communities, and the potential for gentrification. The discussion also questions the neutrality of financial intermediaries, using historical examples to illustrate their role in maintaining segregation and inequality.

What concerns are raised about gentrification in relation to investment in black neighborhoods?

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What solutions or approaches does the text propose to address the issues of inequality discussed?

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How does the text describe the role of bankers in the finance process?

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