The Inequality Debate Is a Lie — Both Sides Are Right (And Wrong)
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Special Thanks to Economics Explained: https://youtu.be/G2b0JOgLpeg?si=VbD3JnFz8NNLTVLS
Everybody wants to believe inequality is at an all-time high — but the data doesn't agree. Tom Bilyeu breaks down Economics Explained's deep dive on wealth vs. income vs. consumption inequality, why 'wealth is fiction,' the union holdup problem, R vs G, and an extended thought experiment with Drew on the borrow-against-assets tax loophole. Same data, opposite answers — here's how to actually think about it.
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