Also, ignoring inflation weakens the argument.
Looking at the nominal numbers, it looks like “Oh, so their number increased 7-fold during the first 20 years up to the financial crisis, but only tripled since then. Has wealth concentration actually slowed down?”, which is not correct and leads the analysis in a wrong direction.
Bilal Barakat 🍉 /
npub1hh…f0cqv
2025-04-04 07:22:34
in reply to nevent1q…pvuv
Author Public Key
npub1hh80n2qhk7ylkcg58s0sy8plnrzzyvkq4fseys98crpp6rzmg4ysxf0cqvPublished at
2025-04-04 07:22:34Event JSON
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