[SecretDreams]

No. It's a k-type curve where the high deciles are getting higher and the lows are getting lower, so to speak.

There is increasingly becoming more of a divide between haves and have nots, and it has a temporal component because of how equity has appreciated over the last decade or so. Both housing and stocks.

People from a decade ago have seen absolutely unsustainable appreciation in their assets while doing nothing. That is putting them at structural advantages against younger generations that will not see those same appreciations. It's like the bus has left without them. No matter how hard and fast they run, someone asleep on the bus will always be ahead of them.

[dmm]

> It's a k-type curve where the high deciles are getting higher and the lows are getting lower

The lowest quartile of income have had the highest growth the past four years.

[azan_]

> No. It's a k-type curve where the high deciles are getting higher and the lows are getting lower, so to speak.

Could you provide source? I don't think that's true.

[laughing_man]

That's not true. The highs are getting higher and the lows are getting higher as well.

[SlightlyLeftPad]

Looking back in human history, what was the ultimate outcome for similar economic conditions?

[SecretDreams]

A lot of let them eat cake