Fighting Wealth Inequality The Covid-19 Crisis Showed The Stark Difference

This is all U.S. wealth. If you squint, you can see a blue line showing every dollar half of Americans have. Richest 10% have $81T Poorest 50% have $2T For every $100 in economic growth in the last 30 years, the top 10% got $71. The bottom half got $1.
SAYS
Dan Price
@DanPriceSeattle

The Fed Is Powerful,

Except in Fighting

Wealth Inequality

The Covid-19 crisis showed the stark difference between how monetary and fiscal policy can lift the U.S. economy.


The Fed Is Powerful, Except in Fighting Wealth Inequality - Bloomberg

https://www.bloomberg.com/opinion/a...powerful-except-in-fighting-wealth-inequality