The Federal Reserve and financial services regulators promote wealth accumulation by subsidizing borrowing through the protection of banks from bankruptcy, the insurance of individual bank deposits at low premiums, and the maintenance of borrowing costs near zero.

Authors

• Person: Eugene Steuerle Organization: Milken Review
  Taxes, Government Transfers and Wealth Inequality

Sources

• Taxes, Government Transfers and Wealth Inequality www.milkenreview.org Eugene Steuerle · Milken Review via serper

Referenced by nodes (2)

• wealth accumulation concept
• Federal Reserve System entity