6.1.2026
"Actually, I think it is since 1976, more than $50 trillion dollars has moved from the bottom 90% of Americans up to the top 1%"
- Heather Cox Richardson
https://blossom.primal.net/f2c3051063037e0fde3212be9c6e09a7a68bda0c72fcb592371d2feca224b887.mov
Literally just released an article about this.
https://btcgrok.substack.com/p/making-jeff-bezos-the-cantillon-effect
14.9.2020
Title: The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%— And That's Made the U.S. Less Secure
Author: Nick Hanauer
Article Link: https://time.com/5888024/50-trillion-income-inequality-america/
Paper: Trends in Income From 1975 to 2018
Authors: Carter C. Price, Kathryn A. Edwards
Published: 14.9.2020
Paper Link: https://www.rand.org/pubs/working_papers/WRA516-1.html
