Adding to this, the wealth disparity is going to continue to increase with those who have equities dramatically increasing their personal capitol, while the middle class is going to fall further behind.
I’m convinced a major part of inflation that goes completely ignored is the staggering amount of wealth generated by equities. People have literally seen 1 million become 2 or 3 over the last few years. They have been spending money with complete disregard… Watching what people buy at Costco is insane!
Adding to this, the wealth disparity is going to continue to increase with those who have equities dramatically increasing their personal capitol, while the middle class is going to fall further behind.
I’m convinced a major part of inflation that goes completely ignored is the staggering amount of wealth generated by equities. People have literally seen 1 million become 2 or 3 over the last few years. They have been spending money with complete disregard… Watching what people buy at Costco is insane!