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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%4:00 PM EST
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To: bart13 who wrote (100724)5/26/2013 1:07:56 AM
From: elmatador  Read Replies (1) of 217543
 
Correlation Gold Standard and less % income for the top 10%. Here is a snapshot of income distribution during the past 100 years:



The Great Compression ended in the 1970s. Wages stagnated, inflation raged, and by the decade's end, income inequality had started to rise. Income inequality grew through the 1980s, slackened briefly at the end of the 1990s, and then resumed with a vengeance in the aughts. In his 2007 book The Conscience of a Liberal, the Nobel laureate, Princeton economist and New York Times columnist Paul Krugman labeled the post-1979 epoch the "Great Divergence.

slate.com
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