All of this means that the wealthiest 10% of the US income distribution benefit the most from the Fed’s liquidity injections into risky asset markets. And yet, despite the significant increases in asset values traceable to QE over the past several years – residential property as well as financial assets – there has been little to show for it in terms of a wealth-generated recovery in the US economy.
这一切都意味着，最富有的10%美国人才是美联储向高风险资产市场注入流动性的最大受益者。然而，尽管量化宽松政策在过去几年间令资产价值显着增加——包括住宅以及金融资产——但几乎没有什么证据显示财富增长推动了美国经济的复苏。