No, There's No Such Thing As a "K-Shaped" Economy

The rich prosper only insofar as the poor and middle see their earnings and living standards soar. This is important to remember as economists and pundits waste a lot of time promoting the impossibility that is a “K-Shaped” economy.

The claim from the deep in thought is that the rising stock market is lining the pockets of the rich as everyone else stagnates. Naaah.

 

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