Allianz's El-Erian on the exacerbation of income inequality during the pandemic

"What's scary is that this time around it's not just a worsening of an inequality of wealth. It's a worsening of the inequality of income as well," Mohamed El-Erian, chief economic advisor at Allianz, told CNBC's Joe Kernen on Monday. "The one I worry about most is the inequality of opportunity."