My latest public article discusses the relationship between Fed QE and wealth concentration.
It's more complex than common narratives often say, which is why I also dive into the fiscal details.
https://t.co/uOjZcZRzgj
Wealth concentration has increased a lot in recent decades, contributing to higher levels of political polarization and debates about why.
The top 1% now firmly have more wealth than the bottom 90% of the population combined.
@michcast05 Hey Michelle !! This is prolly a long shot, but I’ve been trying to figure out what the pendant is that Nick wears on his chain? I’d be super appreciative if you could point me in the right direction ! I love it! Thanks if you can help out 🙏
There's never been more money in the system.
But creating wealth has never been harder.
People work to the bone and still come out negative.
I'm devoting the next decades of my life to this problem and here's why 🧵
My little 5-year old leukemia patient, all grown up, received her white coat today as a medical student at UVA. No words to describe my feelings about this miracle, but the picture is worth a thousand words (tweeting with her permission).