Extremely Wealthy
If the rich are getting richer, then where are they hiding it?
Income inequality rose significantly in the last decades of the 20th century, yet wealth inequality fell throughout most of the century. Why? Partly because of the home ownership boom. But the top 1%’s share of wealth fell from 60% before 1920 to under 20% by the 1980s. In part, this…
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Click here to read the full story: The Guardian