SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (236179)6/7/2005 4:58:10 AM
From: combjelly  Read Replies (1) of 1572918
 
"Seems to indicate investments are outpacing savings."

That is at least part of it. There is also the Law Of Monetary Gravitation, i.e. large piles of money tend to attract money from smaller piles. But that isn't all of it. Because the group in question still grow their piles faster than the ones just under them, who also depend to a large degree on investments. Because the growth rate is very large. The article indicates that the 0.1% group has increased their income by a factor of over two in the last 20 years, while the 1%(which also includes the 0.1% group) was much smaller, only about 50% greater.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News