Saturday, October 09, 2021

Rise of the Super Rich

From a Bloomberg newsletter: 

Speaking of economic inequality, America’s middle class now holds a smaller share of U.S. wealth than its top 1%. The middle 60% of all U.S. households by income saw combined assets drop to 26.6% of national wealth, the lowest in Federal Reserve data going back three decades. The super rich now have 27% of it all.


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