Wealth Inequality
Channel: Fusion Insights
Date: 2023-09-21

Wealth inequality in America is far larger than income inequality 💰. Wealth refers to the sum total of your assets - your car 🚗, your home 🏡, art 🎨, anything else you own that's valuable 💎. Valuable not only because there's a market for it, a price other people are willing to pay to buy it, but because wealth itself grows 📈. This expansion pushes up the values of stocks 📈, bonds 💹, rental property 🏢, homes 🏠, and most other assets 💼. Of course, recessions 📉 and occasional depressions 😞 can reduce the value of such assets, but over the long haul, the value of almost all wealth increases 📈💰. -----------------------------------





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Reuse and modification under CC from:
https://youtu.be/wOI8RuhW7q0?si=qctnmvz0mHaLGuFJ
How Wealth Inequality Spiraled Out of Control | Robert Reich




#moneymindset  #motivation  #wealth