The FT is making the same mistake that everyone else makes. For the last time, the USGOV/FED is not interested in just US economy anymore, but the entire world. Seen from that perspective, "equality" has skyrocketed, in fact at the expense of the US. Will it work? I have no idea. If it does work, it may be a "1 step backwards to take two steps forward" strategy, and there will be a lag, which may be what we are seeing. It it works, DOW 100,000. If it doesn't, WWIII.