Carol Roth: COVID allowed our government to enact the biggest wealth transfer ever… and you should be furious
We cannot let the government continue to pick winners and losers
Over a period of just more than a year, the U.S. government has enabled the biggest wealth transfer in history, from average Americans to the wealthy and well connected. This should be causing nationwide outrage but barely anyone is talking about it.
The government has been inflating the costs of everything it touches for years, from education to the cost of home ownership, putting an extra burden on the middle class. Likewise, the Federal Reserve has been printing money and suppressing interest rates, a maneuver that has accelerated substantially since the Great Recession.
