Top 1% USA (Patreon)
Content
To be in the top 1% in USA you need to have on average 13.6M in Net Worth. Set your goals!
Now for the bad news
Wealth Disparity Growth: Since 1990, the wealth of the top 0.1% has increased by 1,000%, while the bottom 50% has seen a 25% decrease in wealth. This disparity highlights the growing economic inequality.
Impact of Monetary Policy: The Federal Reserve's policies, including easy credit and quantitative easing, have significantly benefited the richest individuals. The assets of the top 0.1% have grown to $20 trillion, far surpassing inflation-adjusted expectations.
Credit Accessibility: The top 1% benefit from near-zero interest rates and abundant credit, allowing them to acquire productive assets and further increase their wealth. In contrast, ordinary people face challenges accessing similar financial advantages.
Systemic Implications: There is a direct link between current monetary policies and the impoverishment of the poorest 50%.
The GOOD NEWS
There is an out for the above and I believe the best one is #Bitcoin - get in early get in hard. The top 1% have not copped on to it yet.
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