The $50,000,000,000,000 Upward Transfer of Wealth

According to the Rand Corporation, since 1975, a staggering $50 trillion has gone from the bottom 90% straight to the top

Photo by Towfiqu barbhuiya on Unsplash

Everyone knows inequality has been steadily growing worldwide. Economist Thomas Piketty’s surprise best-seller Capital in the 21st Century laid out the state of global inequality…