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Episode 18: Wealth Disparity

Breaking Down: Collapse

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How Much Wealth Has Been Transferred From the Poor to the Upper Classes?

A Rand Corporation study shows that over the past 40 years, $50 trillion has been moved from the bottom 90% to the top 1%. If that amount had been remained more equally spread out, it would have more than doubled the median income. During just a seven month period during COVID, America's billionaires grew their wealth by a trillion dollars.

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