Sadly so, and you'd think with the deflationary gains we get from improved technology and globalisation it help but they seem to be 2 forces competing against one another the deflation of efficiency and the inflationary monetary policy
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Yes... a group of folks have captured inflation which is driving inequality. Will be interesting to see how this ends.
Absolutely, people underestimate the power of compounding gains and interest and when you can move capital you move that power too. Since most people deal with absolute numbers they miss out on his sinister wealth transfer