Natural News

Wealth went up, but it went mostly to the rich

Data released by the Federal Reserve on Monday, June 21, shows that the wealthiest 1 percent of Americans have 16 percent more wealth than the bottom 50 percent combined.

A previous report from the Fed showed that, overall, wealth across all U.S. households increased during the first quarter. The net worth of households and nonprofits rose to $136.9 trillion during this period, an increase of 3.8 percent from 2020.

READ FULL ARTICLE HERE > https://www.naturalnews.com/2021-06-29-americas-richest-16-times-more-wealth-than-bottom-50.html

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *