A few years ago, the leftist publication The Intercept claimed that inflation only hurts the “one percent,” but is “good” for everyone else. The truth is much different, as the Fed’s inflationary policies have benefited the politically-connected crony class.
Artis Shepherd
Artis Shepherd is the Founder and Managing Partner of a private equity firm based in the Dallas-Fort Worth area, and previously worked for a sovereign wealth fund in the Middle East overseeing their hospitality investments in Europe, Africa, and Asia. He has a BS in Computer/Electrical Engineering from Purdue University and an MBA from the University of Chicago (Booth) Graduate School of Business. He publishes content at MTSObserver.substack.com.