Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (68) |
Author: foolsgrad ✶  😊 😞
Number: of 12528 
Subject: Re: Should I change how I invest? Confused in the U
Date: 11/23/2024 3:17 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
Through the 250 years of industrialization in the west, Rich people got way richer, the middle class got way richer, and poor people got way richer.

If 1) above were true, the vast increase of the richness of the rich should have resulted in the FURTHER REDUCTION in the standard of living of the poor. But the opposite is true, historically.

And economists do know this and do point it out all the time.

How is this not obvious?

During the last 250 years we have seen an incredible transfer of wealth from the rich to the poor through government intervention.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (68) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds