Rich in US minting money in pandemic like never before
(WorldNews Business)

NEW YORK (BLOOMBERG) - Americans have become, by some measures, richer during the pandemic than ever before. It`s a difficult thing to fathom, what with the economic collapse and the surge in the ranks of the jobless, the homeless and the hungry. But there`s a whole class of people - at least the top 20 per cent or so of earners - who`ve had to worry little about such matters. For them, not only has it been relatively easy to carry out their white-collar jobs from home. But the Federal Reserve`s unprecedented emergency measures -- including slashing benchmark rates to zero - have padded their wallets too. They`ve refinanced their mortgages at record low rates, purchased second homes to get...