Banks Target Black and Latino Communities for Sub-Prime Mortgages, Says Emory Prof.

Banks Target Black and Latino Communities for Sub-Prime Mortgages, Says Emory Prof.

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses various tax policies, including those proposed by Trump and Biden, and their impact on wealth inequality. It highlights the Reagan Tax Reform Act of 1986 and its relevance today. The discussion extends to real estate inequality, the role of the Fed and tax code in addressing inequality, and challenges in credit access for black communities. The conversation concludes with a debate on capitalism's potential to serve the underbanked and create an inclusive economy.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does access to credit play in addressing inequality according to the discussion?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between capitalism and serving the underbanked?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the term 'inclusive capitalism' in the context of the discussion?

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