> When the rich get richer, and the poor don’t Why? > one can expect that prices rise for things that rich people buy (stocks), but not for things that poor p

> When the rich get richer, and the poor don’t Why? > one can expect that prices rise for things that rich people buy (stocks), but not for things that poor people buy (food, gasoline, rent). Is it bad if things that poor people buy don't increase in price? Also, these things are fundamentally different - I can sell a stock after I have held it for some time and used it to get the dividend - I cannot sell food, gasoline or rent after using it. And not just rich people hold stocks - maybe they are more likely to hold it directly but even in a country like South Africa where I'm from some of the poorest people benefit from gains in stock market through pension funds. > Maybe stocks aren’t really getting over-valued, maybe it’s the dollar that’s getting de-valued. One of the best measures for value of stock, PE ratio, is not even mentioned in the article - so I would take it with a grain of salt.