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Sam Zell's Final Wise Words & Warnings About Market Downside | Adam Taggart

Wealthion - Be Financially Resilient

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The Negative Effect of Money Printing on the Economy

This is, I think, the largest negative effect of all of this money printing that we've been living through. And well, I guess it's not negative if you're in the 1%. But it's negative for these people in the 50th to the 90th percent wealth percent dials. So they've gone from about 37% of the wealth over the same period of time down to about 28%. Each time these bubbles pop, this class doesn't experience an increase in wealth, they experience a decrease in wealth.

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