Unknown trevordelaney

Amy Farber Perhaps you enjoy being read to out loud. Perhaps you enjoy reading on subjects related to central banking. your reader was to read the following beginning sentences for central bank entries, you would hear: nThe central bank of Trinidad and Tobago is the central bank of Trinidad and Tobago . . . the capitalization of the central bank names. But in Wikipedia, the first sentence is actually recorded as: The Central Bank of Trinidad and Tobago is the central bank of Trinidad and Tobago. The Bank for International Settlements has a complete list of the world's central banks with links to their websites.

Biography:  https://libertystreeteconomics.newyorkfed.org/2013/10/historical-echoes-a-central-bank-by-any-other-name-is-still/

70%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

80%

Examples:

  • The author fails to explain what factors contributed to the growth in racial and ethnic wealth inequality since the pandemic. They simply state that 'Financial asset prices rose with the reopening of the economy through 2021' without providing any evidence or analysis.
  • The statement 'racial and ethnic wealth inequality has been exacerbated since the pandemic' is deceptive because racial and ethnic wealth inequality was already a significant problem before the pandemic. According to data from 2019, Black individuals held just 4.9% of total net worth in the United States while white individuals held 92.4%. This disparity has not been resolved since then.

Conflicts of Interest

50%

Examples:

  • Sample size concerns lead us to omit Asians, Pacific Islanders, and other smaller groups from this analysis.
  • We find that 2019-2023 growth in real net worth was greater for white individuals than for Black and Hispanic individuals.

Contradictions

85%

Examples:

  • The chart used by the author shows racial wealth inequality as a percentage point difference rather than actual dollar amounts.
  • The real net worth of white individuals outgrew that of Black and Hispanic individuals by 30 percentage points from the first quarter of 2019 through the second quarter of 2023.
  • White wealth grew by a cumulative percentage point more than Black and Hispanic wealth.

Deceptions

80%

Examples:

  • The author fails to explain what factors contributed to the growth in racial and ethnic wealth inequality since the pandemic. They simply state that 'Financial asset prices rose with the reopening of the economy through 2021' without providing any evidence or analysis.
  • The statement 'racial and ethnic wealth inequality has been exacerbated since the pandemic' is deceptive because racial and ethnic wealth inequality was already a significant problem before the pandemic. According to data from 2019, Black individuals held just 4.9% of total net worth in the United States while white individuals held 92.4%. This disparity has not been resolved since then.

Recent Articles

The Pandemic Widened The Wealth Gap Between White And Black Americans, Despite Government Support And A Strong Job Market.

The Pandemic Widened The Wealth Gap Between White And Black Americans, Despite Government Support And A Strong Job Market.

Broke On: Sunday, 11 February 2024 The wealth gap between white and Black Americans has widened during the pandemic, despite government financial support and a strong job market. White individuals saw an increase in real net worth by 30 percentage points compared to Black households' growth of only 9 percentage points. This disparity is not solely due to differences in stock ownership; it also stems from the fact that more than half of Black financial wealth is invested in pensions rather than stocks and mutual funds. Additionally, during the pandemic, the real value of Black-held financial assets dropped below their 2019 level while Hispanic-held assets remained relatively stable.