Ari Joury, PhD
Jan 18, 2024

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Interest is a tricky problem! Unfortunately over the last decade, with record-low interest rates, richer people were able to borrow more and the gap between rich and poor actually widened. It's a double-edged sword.

There are, and historically have been, regions in which an elected government is in control of the central bank. Most of the time this leads to record-breaking inflation though. There is no easy solution to social inequality!

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Ari Joury, PhD
Ari Joury, PhD

Written by Ari Joury, PhD

Founder of Wangari. Sustainable finance & ESG-financial modeling. Get all articles 3 days in advance: https://wangari.substack.com

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