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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: Maurice Winn who wrote (194256)12/1/2022 7:07:14 PM
From: marcher  Read Replies (1) of 217796
 
--don't understand why "Wealth Inequity" is considered a problem by so many people.--

guess i dodged the dawning bullet...
or maybe i just slept through the firing...
not sure. -g-

anyway, in case you would like to understand a bit about wealth inequity's associate, "income inequity",
here's a 2017 epi brief:

"What this report finds:

Income inequality in the United States is suppressing growth in aggregate demand (spending by households,
businesses, and governments) by shifting an ever larger share of income to rich households that save rather
than spend.

This rise in inequality has been overwhelmingly driven by the failure of pay for typical American
workers to keep pace with economy wide productivity growth. EPI estimates that rising inequality has
slowed growth in aggregate demand by 2 to 4 percentage points of GDP annually in recent years..."

epi.org
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