Zohran Mamdani—Bastard Son Of 33 Liberty Street

Zohran Mamdani—Bastard Son Of 33 Liberty Street


Stated in whole dollars, the 67.5 million households in the bottom 50% gained $4.3 trillion of net worth—even as the 1.35 million households in the top 1% gained $45.5 trillion, of which $21 trillion went to the 135,000 households at the tippy-top in the highest 0.1%. In 2025 constant dollars, the real net worth of the average top 0.1% household grew nearly three times faster than the net worth of the average household in the bottom 50% over the same 35-year period. So, if you want to know where all the excess of the blue bars (central bank credit) in the graph relative to the national income represented by the red bars ended up, the derivatives market is the place to look.

Author: Editor


Published at: 2025-07-08 22:00:00

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