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by gbh444g
2004 days ago
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The Fed site has a lot of charts for this. For example, top 1% of households owns 30% of wealth today, while the bottom 50% - only 2%. For liabilities, the chart is almost the reverse of this: top 1% owes 4%, while the bottom 50% owes 30%. https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr... There must be a similar chart for individuals somewhere. Edit: Btw, in 2010, the bottom 50% owned the least share of wealth - only 0.4%. This is also when the Fed started to increase the M1 money supply at the rate never seen before. |
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