A Quote by Linda McQuaig

A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.

Linda McQuaig

Quote Topics

High Inequality Interest Interest Rate Interest Rates Money Policy Poor Rates Reward Rich Tight Two Two Ways Unemployment Ways

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Linda McQuaig
Canadian - Journalist
Born: 1951

African American women, and moms in particular, are evicted at disproportionately high rates.

Matthew Desmond

Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans.

John Delaney

We should not have drug laws or a court system that disproportionately punishes the black community.

Rand Paul

Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interest rates will help reduce inequality.

Gerald Epstein

What is different between national inequality and global inequality is you have another element there that is sometimes forgotten: what matters for global inequality is relative growth rates between poor and rich countries.

Branko Milanovic

The FBI continues to work with tribes through the Tribal Law and Order Act of 2010 to help tribal governments better address the unique public safety challenges and disproportionately high rates of violence and victimization in many tribal communities.

James Comey

Rent-control laws disproportionately benefit the non-poor because the elite pull strings, work the system and are better connected than the non-poor.

Larry Elder

It has been convincingly demonstrated that countries where there are high rates of poverty, or high rates of economic inequality, are the countries with the highest rates of religious beliefs.

Richard Dawkins

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.

Ben Bernanke

The poor and minorities are disproportionately both crime's perpetrators and its victims. People are saddened when this happens but not surprised.

S. J. Rozan

The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.

Athanasios Orphanides

What's true for New York is true for most of the country: We are a long way removed from the double-digit interest rates and unemployment rates, and the soaring crime rates, of the early 1980s.

Max Boot

Bankers were scapegoats for the whole Reagan-Thatcher era, which exalted finance and humbled industry, and which had allowed the fruits of progress to accrue disproportionately to the rich and super-rich.

Robert Skidelsky, Baron Skidelsky

Prohibition, like so many other policies imposed from the moral high ground, typically by those who do not drink, disproportionately affects the poor who resort to illegally brewed alcohol when they want a drink, not infrequently leading to their death, and are more likely to be harassed by the police.

Vikram Patel

America's soldiery, like its war dead, comes disproportionately from its southern states and from its aspiring poor - both white and black.

Linda Colley

For people who grew up in the last four decades of the 20th century, it is hard to grasp the concept of negative interest rates. How is it even possible? If interest rates are the price of money, is the marketplace broadcasting that money is on sale? Are we just giving it away?

Anthony Scaramucci

A Quote by Linda McQuaig

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