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I don't see why this is not obvious to most people. The rich get outsized benefit of compounding, outsized benefit of money managers saving their losses in eve
by NTDF9 8y ago
I don't see why this is not obvious to most people.
The rich get outsized benefit of compounding, outsized benefit of money managers saving their losses in every bust, outsized benefit of buying assets at rock bottom prices and then outsized benefit of compounding again.
Every single cycle, the rich get richer because of their resources.
How is this not obvious? The problem is not wages. The problem is richness from speculation.