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Since #2008, how the #U.S. got more split — and why #ultra-wealth gained #leverage

1. The post-2008 rescue stabilized assets first

After the financial crisis, #policy was #built to prevent total collapse — but a side effect was: asset prices recovered faster than wages, which benefits people who already own lots of stocks/real estate. That’s a #wealth-multiplier.

You can see the result in the Fed’s wealth distribution data: the top 1% holds ~30% of U.S. net worth in recent years. 

Translation: when your system props up markets, it props up the people closest to markets.