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Wait, Inflation Is Going To Start RISING Again This Summer? | Jim Bianco

Wealthion - Be Financially Resilient

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The Bottom 90% of the Financial Assets Have Had a Great Year

Sally Kohn: I share a lot of concerns about the bottom 90%, right? Top 10% on 90% of all the financial assets had a great year this year. The bottom 90% have had a terrible year, because all the inflation of last year is still there. She says they're really getting crushed between the cost of living and lower purchasing power of their wages.Kohn: Ultimately, we have to get the inflation rate back down like it was pre-pandemic.

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