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A Return to Gary World

Decoding the Gurus

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The Complexities of Wealth Measurement

This chapter explores the challenges in accurately measuring wealth, particularly among the ultra-wealthy and the top 1% of society. It addresses issues with survey data, tax strategies, and the hidden nature of wealth that complicate our understanding of economic inequality. The discussion highlights how outdated perceptions of wealth inequality contrast with nuanced statistical realities, particularly regarding housing markets and asset prices.

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