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Trumponomics

Episode 21: What Are Your Odds of Becoming a Millionaire?

Jan 21, 2016
23:24

Who wants to be a millionaire? Most people we know, at least. But individuals' odds of accumulating that much wealth diverge wildly as race, age and education are factored in, according to an exclusive dataset created by the Federal Reserve Bank of St. Louis for Bloomberg News. Researchers William Emmons and Bryan Noeth join Aki and Tori to discuss the way these three traits shape financial success, and how the deck is clearly stacked against some Americans.

See omnystudio.com/listener for privacy information.

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