The rich are covered in debt. The near zero percent interest is making their net worth explode. They are using tomorrows (worthless) dollars to pay for today's

The rich are covered in debt. The near zero percent interest is making their net worth explode. They are using tomorrows (worthless) dollars to pay for today's debt with massive tax advantages. The more debt they accrue the more rich they become with this setup. Unlike the wages and salary most people use to pay for living expenses, the borrowing isn’t taxed. https://www.marketwatch.com/story/extra-credit-how-debt-can-mean-a-tax-advantage-for-some-and-jail-time-for-others-11626383631 https://www.marketwatch.com/story/extra-credit-how-debt-can-...