finance

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt .Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

hmmmm. where is this data from? how are they defining "middle class"?
middle and lower incomes have done well since covid

here's a more complete story.

income inequality is in fact up over the last 35 years, but only marginally

Daimo Pay. Build once, distribute everywhere

Not sure this is more complete. Does not even note if it is using constant dollars or the impact on buying power over that same time period. We have an anachronistic measure of inflation from the mid-industrial age mapped onto a much different economy.