It is a dual situation. Those closest to the Fed benefit the most. Who is that?
We start with the banking system, both institutional and commercial. Then we get hedge funds as well as other investment accounts (pensions, etc...). This benefits the money managers to a great degree.
Next up is the corporations who money at low rates. This helps the shareholders. Then there are the C-level employees along with other upper management. They have stock options and other "equity" compensation plans.
Then we get to middle management and then finally we get down to the worker plebes.
Posted Using LeoFinance Beta