And some of us may have kept our jobs because monetary policy propped up the economy. Monetary policy affects people in different ways. In more technical terms: it has an impact on the 6/9  BIS central bankers' speeches  distribution of wealth and income. And the important question is whether it makes this distribution more unequal.
Does it make the rich richer and the poor poorer? Let’s look at wealth first. Here, the most important item for many households is real estate, the home they live in and any other property they may own. Real estate makes up about 80% of the total assets of households, almost irrespective of their level of prosperity.