> As in Quantitative Easing? I confess I don't understand it as well as I probably should, but I think it's cyclical? and inequality is increasing even when it is not happening?
QE, inflation policy and the fairly regular bailouts. And probably funnelling money away from markets and towards golf buddies through the government.
It's continuous [0]. The US money supply went from something like 16 trillion to 23 trillion since COVID. In percentages, that means nominal wages and expenses should probably have gone up by around 40% all else equal. Typically though, most of the gains are in asset prices first then flow into the broader market second - so I see things like US wages are up around 20% [1], so I'd expect asset prices to be up >40%. And people with political connections probably do better again.
> What policies would you suggest to achieve that meaningfully (obviously inflation doesn't count)?
Me personally? I'd start by targeting stable prices before technological improvements (stable as in they tend not to change, not the weirdness where people are supposed to use 'stable' to describe exponential increases). Let badly run companies go bankrupt. Tax people directly instead of trying to pay for government policies through inflation. Then once a clearer picture emerges of where the real resources are coming from and going to, start talking about whether there is an actual problem to solve in real terms.