An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, December 9, 2016
Bill McBride — Fed's Flow of Funds: Household Net Worth increased in Q3
Household net worth was at $90.2 trillion in Q3 2016, up from $88.0 trillion in Q2 2016.
The top 1% got another 4% increase in their holdings. Woo Hoo! Everything is alright with the world now.
ReplyDeleteThe housing bubble is back bigger than ever. I feel that this is not going to end well.
ReplyDelete