the 'Housing Shortage' the Result of Housing-Hoarding by the Wealthy? Error: Embedded data could

Of Two Minds - Central Banks = Welfare for the Wealthy Error: Embedded data could not be displayed. Error

of income-producing assets such as stocks, bonds, rental properties, etc. Not the uber-wealthy or hyper-wealthy, just

Of Two Minds - The Coming War on Wealth and the Wealthy Error: Embedded data could

Security Taxes to the Super-Wealthy   (June 1, 2012) The merely wealthy already pay 70% of

Of Two Minds - America 2019: Even the Wealthy Are Poorer in Everything That Matters Error: Embedded

Two Minds - Are Property Taxes a "Wealth Tax" on the (Mostly) Non-Wealthy? Error: Embedded data could

of income-producing assets such as stocks, bonds, rental properties, etc. Not the uber-wealthy or hyper-wealthy, just

Of Two Minds - How "Wealthy" Would We Be If We Stopped Borrowing Trillions Every Year? Error: Embedded data could not

management skills accessible only to the wealthy, no wonder only the wealthy have gained purchasing power

Minds - The Hidden-in-Plain-Sight Mechanism of the Super-Wealthy: Money-Laundering 2.0

charles hugh smith-The Destabilizing Truth: Only the Wealthy Can Afford a Middle Class Lifestyle

You Want to Limit the Power of the Super-Wealthy, Stop Using their Money

Two Minds - Now That the American Dream Is Reserved for the Wealthy, The Smart

Of Two Minds - If You Want To Be Wealthy, Don't Focus on Owning a House

charles hugh smith-The Destabilizing Truth: Only the Wealthy Can Afford a Middle Class Lifestyle

Housing Shortage, It's the Concentration of Ownership by the Wealthy Error: Embedded data could

a good thing, as imports will be unaffordable for all but the wealthy (kiss BMW sales in

not rich, but measured in friendships, health and output, I feel very wealthy indeed. I like my

be copied and distributed digitally (music, digital art, writing) is to find wealthy patrons to support

of commentators have noted that the incomes of the super-wealthy (which I define as

bottom 90% by gentrifying previously affordable neighborhoods and towns. Once the truly wealthy have snapped up all

liquidity and zero-interest rates have generated an unintended consequence: the super-wealthy financiers closest to

the Rich" to Pay for "Free Everything" April 29, 2019 No super-wealthy individual or household is

are many historical models in which the spending/investing of wealthy families drives the

of social-media influencers while subtly distancing the celebs and super-wealthy from merely wealthy wannabe

Housing Shortage, It's the Concentration of Ownership by the Wealthy ), this bubble is fundamentally

item) shows up depends on who gets the newly created money: the wealthy few or the

May 30, 2013) Cheap credit is a great boon to the wealthy and a

beers and hotdogs?), spas, auto detailing, non-profits, pricey venues like museums which depend on wealthy donors (far fewer of

workers to support them. The problem is difficult enough for wealthy nations with productive infrastructures

survival and supremacy and what is not essential? Are 10,000 obscenely wealthy financiers essential? No. Between

and financially to leave the fortunes of the super-wealthy either unscathed or even

by the boom in STVRs--short-term vacation rentals. The uber-wealthy don't need more

phantom wealth it created, 90% of which is held by the hyper-wealthy, super-wealthy and

of dollars in campaign contributions from corporations and the super-wealthy and just

financial bubbles pop and cannot be reinflated with the usual trickery. 2. Wealthy owners of capital

December 16, 2019 It was all fun and games enriching the super-wealthy but now the

around, the source of the bubble isn't subprime buyers, it's wealthy investors and corporations

bust will be highly fragmented due to the huge number of wealthy people with stupid amounts

sets of laws: one for insiders and the super-wealthy, and another

system of higher education is unaffordable for all but the wealthy. The cartel

a new arrangement that's actually sustainable on our resource-depleted planet that doesn't favor wealthy insiders. But those gorging

a new arrangement that's actually sustainable on our resource-depleted planet that doesn't favor wealthy insiders. But those gorging

income) as wage-earning citizens is compelling. Various studies have found that the extremely wealthy pay about 17% of

from the market cost of money --financiers and the super-wealthy get their money for

people" by boosting inflation and making it easy for the super-wealthy to borrow

creating money out of thin air and giving the super-wealthy first dibs on this

democracies are being hollowed out. Within the hollow shell of formal democracy, wealthy elites purchase influence and

asset, gold-silver coins will be bought up and hoarded by the wealthy few, leaving none for

Very few ordinary households own other people's debts as assets. It's the wealthy few who own most

million, and more than a few with $200 million. All would be considered wealthy by the average

on it. But that opportunity was only available to banks, the super-wealthy, corporations and financiers

life in the real world. Outside the bubble of wealthy, protected elites that generate

and that starves the economy of productive investment. The super-wealthy own much of

that those who inherit wealth and succumb to FOMO are eventually less wealthy while those who are

10% are highly concentrated in the top .01% of financiers, super-wealthy families and corporate

the majority of potential buyers, with demand coming only from the wealthy. That’s the

financial independent in America today? How many don't depend on a wealthy individual, corporation or government

most of the Federal and state income taxes, but are not wealthy enough to buy

rate to minimize resistance. 3. Levy the tax only on the wealthy to play

not only just more BAU (business as usual, i.e. cut taxes for the wealthy), it's also not

of bitcoins for very modest sums, and 2) the wealthy few with access to

a debt-clearing write-down. The wealthy own debt, the non-wealthy owe debt. When the

in name only. That our elected government responds only to the super-wealthy and corporations

years. Financialization and globalization have tended to make the already-wealthy much wealthier while increasing

currency / credit to banks, corporations and financiers, enabling the super-wealthy to become

to inflate a housing bubble that makes those who bought long ago feel wealthy while making housing unaffordable

reported income and wealth doesn't match their lifestyle and reported assets. Wealthy people tend to

representation in governance was curtailed; the Oligarchy of the wealthy and powerful

they can't bend the world to their will. The wealthy are accustomed to

up in valuations, and workers providing services to the wealthy foreigners and highly

eroding civil liberties and imposing financial repression on all but the super-wealthy who influence Big Government

results because government really only responds to corporations and the super-wealthy, then people lose faith

7. There is a class dynamic to this process: the wealthy have the means

up subsidizing the gains of the winner. 2. The wealthy pay the vast

to make it as a writer. 1.   Get born into a wealthy, influential family which will

sums of unearned wealth and distribute it very asymmetrically: the already-wealthy who inherited assets or

tax purposes, households with incomes of $500,000 and up are considered wealthy, i.e. above middle class

and transfers to overseas accounts to a trickle. The "wealthy" will be wealthy on

returns as those who bet on the Standard & Poor's 500 Index. Non-wealthy folks are always seeking

the government most. While this is broadly true, this ignores the reality that wealthy individuals and corporations

and speculators; we're mystified how giving trillions to the already-super-wealthy somehow made them richer

of hypocrisy, for "conservatives" have approved tax breaks for the super-wealthy ("corporate welfare") and

painless and 2) inflating the wealth of the already-wealthy would generate a

of commentators have noted that the incomes of the super-wealthy (which I define as

the Bloom Off the China Rose?   (December 19, 2005) Although we're not wealthy in terms

eventually threaten the integrity of the entire system the wealthy control with such self

but ready in every human heart. Newton was not just smart and wealthy, he was financially sophisticated

for himself, even though his income is stagnant. The fact that the wealthy are gaining far more

by not-enough-time-in-the-day, less healthy and less wealthy, regardless of their

the Fed's real goals--enriching the banks and the super-wealthy who have access to

taxes and receive substantial income tax credits, and enables the super-wealthy to pay

show a modest widening in the gap between the super-wealthy (top 1/10th of

top of the wealth-power pyramid: banks, financiers, corporations, the super-wealthy. 2) The recipients

the cost structure to the point that only the already-wealthy can afford to

seems like everyone's income is eroded equally, but this isn't true: the wealthy closest to the

meet an external threat or from internal conflicts. Economies constructed of a supremely wealthy elite, a thin

a social contrivance." Right now, we create money to enrich the already wealthy. That's how we

of bitcoins for very modest sums, and 2) the wealthy few with access to