We Are a Husk of Ourself

This is a 70 year time series of the growth in american wealth us, household and non profit net worth, plotted against the growth in the American economy. By using nominal dollar measurements, we avoid issues of inflation. And by comparing growth rates, we avoid issue of stock wealth versus flow g d p. This is a true apples to apples comparison between two things that, in my opinion, should typically grow together and pretty much in lock step.