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Episode 040: Dr. Ed Yardeni, host Rick Ferri

Bogleheads On Investing Podcast

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Is There Income Inequality?

A lot of the income and equality we see in our society has a lot to do with demography, frankly, simply with age. Young people don't earn very much, and older people to earn a lot more. And that's the way it should be cause young people aren't experienced. Most of the wealth in ities related to equity ownership of businesses by sole proprietors as well as equity ownership of publicly traded companies like llea corporations.

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