FROM 06/16/2019 | Jacobin
BY MATT BRUENIG
Here’s a statistic to get your class rage going: since 1989, the top 1 percent’s net worth has skyrocketed by $21 trillion. And the bottom 50 percent’s? It’s plummeted by $900 billion. very quarter, the Federal Reserve puts out the Financial Accounts (aka “Z1” or “Flow of Funds”), which provide economy-wide aggregates for nearly every kind of […]
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