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Super Rich's Wealth Concentration Surpasses Gilded Age Levels


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Posted (edited)

and a mere 2% in the late 1970s.

 

When interest rates hit 18%!  

 

because so much of their wealth consists of unrealized gains in stocks...

 

Eureka!  Raise interest rates back up to 18% to solve the problem of unrealized gains in stocks!

 

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Edited by wabuffo
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