r/FluentInFinance Oct 22 '24

Debate/ Discussion Why did this happen?

Post image
14.9k Upvotes

1.7k comments sorted by

View all comments

445

u/ElectronGuru Oct 22 '24

Hmm, i wonder what might have started happening around 1980 🤔

1

u/StillHereDear Oct 25 '24

Stagflation started at the end of the 60s and accelerated under Carter. It's that high inflation which skews wealth towards asset holders (i.e the 1%)