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So here is what I am getting from this, and please correct me if I am off on this:
Of the total wealth that has been generated, the majority of it is being held by a small percentage but over all the amount of wealth is up so that those who are holding less of the total are individually holding more overall.
Add to this the fact that people, throughout the spectrum of wealth, are not managing their money wisely and therefore have less savings than they should.
To me, while the percentages might be a bit off from what *I* might like to see but ultimately I am not going to advocate for a system that strives to impose equality in economic matters. That just seems counter-productive.
The struggle here is always between equality and freedom in these discussions and to my mind, the answer is somewhere along the spectrum between the two rather than either extreme.
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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke
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