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This is the problem with using a relative measure rather than an absolute. There can only ever be 20% of people in each relative quintile, but the percentage of
by vacri 10y ago
This is the problem with using a relative measure rather than an absolute. There can only ever be 20% of people in each relative quintile, but the percentage of the population above and below a given wealth line can change dramatically. If through some social magic, everyone was elevated above the poverty line, you'd still have a lowest quintile.