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21 sats \ 5 replies \ @Undisciplined 15h \ on: The bottom 50% of the US households now hold only 2.5% of total US wealth econ
Biden looks like one hell of a president. This should probably be normalized to the money supply.
normalized to the money supply.
So you have any chart that shows it this way?
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I'd have to search for it, but someone's made it. The other option, which loses any sense of economic growth, is to just show the wealth composition shares.
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show wealth composition shares.
Yes this is completely innacurate.
I searched for it but didn't find any. Maybe you guys been adding it just like you see in the chart above. However, people living under so much debt in the US makes me think that it's true.
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Something like this, but with more recent data https://www.cbo.gov/publication/58533
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The chart by federal reserve suggest the same but it's comprehensive.
It could be said that "the number of US people hold 2.5% of US Wealth".
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