Bloomberg Is Concerned that Janet Yellen’s Dollar Policy May Lessen Wealth Inequality

You don’t have to look far, it’s literally the first sentence in a Bloomberg piece on dollar policy under incoming Treasury Secretary Janet Yellen.

“Janet Yellen once touted the benefits of a weaker greenback for exports, but as the incoming Treasury secretary, she faces pressure to return the U.S. to a “strong-dollar” policy — and may cause trembles on Wall Street if she doesn’t.”

For folks who don’t know, the vast majority of U.S. stock is held by the richest 10 percent of households in the co...