So, what's the answer?

Maybe you want to know the question first? What's the best way out of the current high degree of wealth inequality? The Atlantic takes a look at how we got where we are. Hint, it started back in the late 1970s, but the real problem was our response in the 1980s and beyond. Read the whole article for context. Please! Read the article. Here's the penultimate paragraph, but please read the whole article for context.

The answer to our unequal age lies not in better monetary policy. It lies in better fiscal and regulatory policy. The central bank has enormous influence, but primarily over borrowing costs and the pace of economic growth. The power to alter the distribution of wealth and earnings—as well as expand the supply of child care, housing, energy, and everything else—lies with Congress. It could spend huge sums of money to hasten the country’s energy transition and make it less vulnerable to gas-price shocks. It could overhaul the country’s system of student-loan debt, helping Black families build wealth. It could break up monopolies and force companies to compete for workers and market share again. It could task states and cities with increasing their housing supplies, so that regular families could afford apartments in Queens and houses in Oakland and condo units in Washington, D.C. It could implement labor standards that would mean the middle class could afford to buy into the stock market too. Yet it remains hamstrung by the filibuster, and by a minority party dedicated to upward redistribution.