The Volatility of Aseprices

Top ten% of households in the united states control roughly 70, 80 % of that asset. A bottom 50%. Households control absolute and own absolutely noting a on anet basis ar. The acid side of the balance shirt is aostop ten percent of the household they control acids. And those bortan 50 60 % must be encouraged to consume and to borrow. Because if they don't, then the value of the top tenpercent will come down. But what we have seen through every one of the episodes over the last 20 or 30 years, are that the wels creation of the top 10 just keeps on accelerating,. That's your wealth inequality argument.