4 ms·
it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of l
by mschuster91 10mo ago
it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.
[1] https://markets.businessinsider.com/news/stocks/stock-market-ownership-wealthiest-americans-one-percent-record-high-economy-2024-1 https://markets.businessinsider.com/news/stocks/stock-market...
- WalterBright 10mo agoYou can select yourself as a beneficiary by buying stocks. With Robinhood, you can do so with less than a C-note. > the richest 10% of Americans own 93% of the stocks Most prolly got that way by buying stocks!