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The Mother of All Speculative Bubbles
Income and wealth inequality increases when rate of return is higher than growth. And you can see this in the data of us. Household wealth, produced by the federal reserve. You allso get a growth in the financial sector. The fire sector actually grew to larger an level than, i think, than ever before. It contributed both more to a g d p grothe and a greater share of profitability. That after the financial crisis, when you'd have thought that banking would be flat on its back, it wasn't.