Fiat Currency and Inflation Have Exacerbated Wealth Inequality in the Last Fifty Years.
Today we will look at why fiat currency and inflation is a system that, in our opinion, helps widen the gulf between the very wealthy and the general public.
We will look at some data from a couple of institutions, the Fed and the FT, that actually have helped promote the current monetary system that we are under.
Distribution of Household Wealth in the U.S. since 1989: https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:1989.3,2020.4;quarter:119;series:Net%20worth;demographic:networth;population:1,3,5,7;units:shares
The Felder Report on Real rates and Gold: https://thefelderreport.com/2021/05/12/golds-recent-headwind-shifts-to-a-tailwind/
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