According to Fed c. 28% of increase in US liquid assets from Dec 2019 to Sep 2020 went to Americans in top 1% of income distribution. 70% to those in top 1/5. Only 14% of extra – just $330 bn out of $2.3 trn held by bottom 60%
Essential @M_C_Klein
barrons.com/articles/ameri… https://t.co/FLY7uw3N1g
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…