Discover and read the best of Twitter Threads about #wealthdisparity
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1/7 📉 The late 90s and 2000s were characterized by low interest rates and tax cuts.
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
While these policies were intended to stimulate the economy, they’ve also had significant implications for wealth inequality in the United States. #economics #inequality
2/7 💵 Low interest rates make borrowing cheaper.
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
This can benefit wealthy individuals and corporations who have access to credit, enabling them to invest in businesses, real estate, and other assets that can generate wealth. #interestrates #wealthgap
3/7 🏦 For ordinary Americans, however, low interest rates can mean reduced returns on savings.
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
With little to no growth on their savings, it becomes harder for the middle class to build wealth. #savings #middleclass
