The Fed’s idea of a “healthy economy”: concentrating all wealth and power in the hands of top 0.1%

October 3, 2023 4:01 pm by CWR

Sharing is Caring!

Healthy economy:

Net worth top 0.1%: $18.6 trillion
Net worth bottom 50%: $3.6 trillion

Household count in the top 0.1%: 132,262
Household count in the bottom 50%: 66,050,020 t.co/brK7Y4198H pic.twitter.com/7E4okApvq3

— Sven Henrich (@NorthmanTrader) October 2, 2023

See also We're so obsessed with rate cuts that we've forgotten to worry about the rapidly slowing economy. Corporate America now giving dire warning

See also It Became Necessary to Destroy the Global Economy to Save It

h/t Simian_Stacker

Leave a Comment Cancel reply