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>seen the incomes of 99 percent of humanity fall Do you have any info on this? Most people I know have similar or higher incomes compared to 2019, but maybe th
by Rebelgecko 4y ago
>seen the incomes of 99 percent of humanity fall
Do you have any info on this? Most people I know have similar or higher incomes compared to 2019, but maybe that's just the bubble I'm in.
- mint2 4y agoAdjusted for inflation?
- Rebelgecko 4y agoIt seems misleading to adjust those #s for inflation if the size of the stock market recovery after the COVID crash isn't also adjusted for inflation.
- margalabargala 4y agoThe person you replied did do that, though. The stock market was never part of it. The person you originally replied mentioned two things. The top 10 richest people became richer, from $700 billion to $1.5 trillion. This is an increase, even after inflation. Most of the world's population had their real income decrease, as any gains they tended to get were mostly less than inflation. Both of these things are true.
- deleted 4y ago[deleted]
- mint2 4y agoWhat about comparing wages in 1960 to wages in 1990 without adjusting for inflation?