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We have seen massive inflation in asset prices. Just look at housing and the stock market, both of which took off after the Financial Crisis. This is the primar
by ping_pong 5y ago
We have seen massive inflation in asset prices. Just look at housing and the stock market, both of which took off after the Financial Crisis. This is the primary cause of the massive income inequality we see these days, because poor people can't afford houses and stocks but upper middle class and wealthy people can and do.