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Alex Merced Liberty Blog

Access to Investments - Why the Rich are Getting Richer

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  1. randolphfuller's Avatar
    If you are genuinely interested in why the rich get richer and the poor get poorer you should study the works of Henry George
  2. AlexMerced's Avatar
    I'll take a look, again I don't think this phenmena is a bad thing cause I believe capital naturally gravitates towards that use it best that then use it for things that generally benefit everyone (in a free market, the tax code can cause this to not always be true) although in my video I've outlined two very plausible reasons.

    - The natural increase in speed of wealth accumulation, like a snowball, a bigger snowball gets bigger faster

    - Regulations that prohibit lower income investors from investing higher value investments preventing the ability to grow wealth in a way move their economic class in a social way.