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The economy (thelemmy.club)

If you divided all the stocks issued in the US stock markets by issue number

and put them in a basket, chose one randomly,

there is an 87% chance that that specific stock belongs to someone in the top 10% of wealth in the country.

There’s either millions or billions of stocks in existence, but this is still true.

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[-] ChilledPeppers@lemmy.dbzer0.com 6 points 10 months ago

It is nixon and reagan economics, the gold standard doesn't have much to do with it.

this post was submitted on 28 Sep 2025
189 points (95.7% liked)

ShowerThoughts

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Sometimes we have those little epiphanies in the shower.. sometimes they come from other places. This is a home for those epiphanies.

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