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> 0.1% of the population is getting richer and 95% of the population is getting poorer. Do you have any data to support this? Fed data shows household wealth d
by marcusverus 5y ago
> 0.1% of the population is getting richer and 95% of the population is getting poorer.
Do you have any data to support this? Fed data shows household wealth doubling for the bottom 50%, just since 2008. Households in the 50-90th percentiles also nearly doubled.
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:2006.2,2021.2;quarter:127;series:Net%20worth;demographic:networth;population:;units:levels https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...