It keeps going up, ad infinitum, or, it breaks, often violently.
Place your bets.
View: fredgraph.png (700×718)
fredgraph.png (700×718)
Net Worth Of Top 1% Versus Bottom 50%, 1989-2020
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Net Worth Of Top 1% Versus Bottom 50%, 1989-2020
Guess what? I am willing to bet that this chart will continue to look like all communist countries where the wealth distribution is pooled in the political elite, and misery reins for the masses. We are on our way. By our own volition. That's the only difference. Wake up. Undoing the Fed or at the very least bringing back its original creation would be a world of difference for our economic freedoms. 7/7/21