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![steve_hanke Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::863527548.png) Steve Hanke [@steve_hanke](/creator/twitter/steve_hanke) on x 805.4K followers
Created: 2025-04-27 18:00:00 UTC

Yours truly on US income inequality:

"In 2020, billionaires' share of GDP was 14.1%. Now, it's 21.1%. The Fed increased the money supply, asset prices went up, & guess who owns the assets? Billionaires."

By ignoring the money supply, the Fed is an ENGINE OF INCOME INEQUALITY.

![](https://pbs.twimg.com/amplify_video_thumb/1916551082349563905/img/a_hcbgnzKdPYvvci.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1916552927017398560/c:line.svg)

**Related Topics**
[central bank actions](/topic/central-bank-actions)
[money](/topic/money)
[fed](/topic/fed)
[federal reserve](/topic/federal-reserve)
[gdp](/topic/gdp)
[billionaires](/topic/billionaires)

[Post Link](https://x.com/steve_hanke/status/1916552927017398560)