Breaking!!! Over the past 50 years, the 1% has sucked up almost $80,000,000,000,000 from the bottom 99%
Breaking!!! Over the past 50 years, the 1% has sucked up almost $80,000,000,000,000 from the bottom 99%
https://i.redd.it/btglhqpvoiig1.jpeg
Posted by Alarmed_Abalone_849
1 Comment
6360p on
Someone really think the bottom 90% has $79 trillions of wealth that can be sapped to the top??!! HAHAHAHAHAHA!!! Folks, there is only $2.5 trillions of USD in circulation in the entire planet. If the bottom 90% has ALL the USD in the world, they’d still only have $2.5 trillions.
It’s money printing, asset inflation, and debt. These money did not come from the bottom, it comes from the government, the banks lending, and free market. Say, a rich dude borrows $20,000 to buy bitcoin in 2000. Bitcoin price is now $70,000. Boom, right there they just got $50k richer. Assets is how the rich got richer.
1 Comment
Someone really think the bottom 90% has $79 trillions of wealth that can be sapped to the top??!! HAHAHAHAHAHA!!! Folks, there is only $2.5 trillions of USD in circulation in the entire planet. If the bottom 90% has ALL the USD in the world, they’d still only have $2.5 trillions.
It’s money printing, asset inflation, and debt. These money did not come from the bottom, it comes from the government, the banks lending, and free market. Say, a rich dude borrows $20,000 to buy bitcoin in 2000. Bitcoin price is now $70,000. Boom, right there they just got $50k richer. Assets is how the rich got richer.