The Fed, the Engine of Inequality
by Lindsey M. Edwards
Mentioned once across 1 show · first heard Dec 2025 on All-In with Chamath, Jason, Sacks & Friedberg.
economicsinequalitypolicy
The general take
Scott Bessent recommends "The Fed, the Engine of Inequality" as a well-researched book, noting that while author Karen Petrou's politics lean center-left to hard-left (not his own), the core argument about the Fed inflating asset prices is sound and worth engaging with. He presents it as a book that transcends partisan divides on an important economic issue.
Who said what
Scott Bessent👍 Recommends
…discussing how the Fed exacerbated economic inequality through asset purchases
“There's a fantastic book by a, I know Karen Petteru very well. She's center left to maybe hard. Yeah, not your politics, for sure. Not my politics, but her book, The Fed, the engine of inequality. So we just kept pushing up these asset prices.”
All-In with Chamath, Jason, Sacks & Friedberg — Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026at 00:28
Listener reviews
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