Addressing Record Net Worth, The Great Lie, The Feds Data Shows Source Of Wealth Inequality
There has been a flurry of articles discussing the great record net worth lie.
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The truth is the wealthy have greatly increased their wealth as a result of this stimulus plan. Many have seen an economic benefit in rising housing prices and even those who have stock investments. The majority of wealth creation has been the 1% as the mass of the gains was centered in equities and some support for many from rising housing prices which has not been shared by the poor in this nation. Housing is becoming more expensive for them along with groceries and gas. The fed can continue to ignore inflation but the average Americans can't and I saw recent projections that showed the rural areas becoming a wasteland and so far they have failed at that objective. There has been a near continual exodus from major cities around the nation.
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