Examining Income Inequality In The U.S. Amid Rising Prices Due To Inflation

With sky-high prices due to inflation, NBC News’ Zinhle Essamuah takes a closer look at how the wealthy are benefiting from inflation and rising interest rates, while middle America is struggling.

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#Inflation #incomeinequality #Interestrates

[FireoftheRedSun]

The Fed is working hard to maintain that inequality.

[TheJackCain-]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[lucianoboccedi]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[neonnoir]

Reduce our taxes. I'd make enough if the government didn't take so much of it.

[Allahu_Akbar_the_one]

Slavery wasn't abolished, rather it was rebranded. Slaves today don't have to be black, and don't have to be owned. Rather, they simply rented until they die out for their work.

[Boostlagg]

End of the gold standard in the 70s was the start

[advancetotabletop]

That trillion dollars of spending in the first two years and no attention to federal rates didn’t help.

[TheDonkeysVoice]

What was the point of the entire interview ? You skipped civil rights, you skipped Tulsa Oklahoma and the places burned down . You make it seem like nothing happened after slavery and everything was fair, everybody had a legally fair chance and that’s incorrect by law

[tammiebroggins]

Try ending up homeless. People are horrible to you

[ThomasShelby-xzfk]

That’s what happens when half the people invest their money, and the other half buys stupid things they don’t need.

[jefferia]

I'm so broke the only thing I get from an ATM is a coupon print out for top ramen

[brownhilton]

Investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with Index investing, but it is not easy. My point is that when investing you need education first. I know there are success stories by keep on doing DCA as well. To invest in growth stocks it is another level, definitely you need to know what are you doing.

[JonathanSteadman]

So how are you fixing the inflation problem?

[Robertgriffinne]

Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

[timothyandrews]

This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Mrs Leerah Hughs for improving my portfolio,
keep up with good videos⚕☑

[TheDonkeysVoice]

Those luxury did good from insurance claims for stolen merchandise.

[joegonzalez]

i think the us has been low balling low paying job or minimum wage for too long. it should be at least half The average American annual real wage. 2020 was 67k . i think that should also go up to 80k . prices will go up again but their will be more disposable income to spend or save

[qwenqwen]

It called TAXING EVERYONE the correct the same and NO LOOPHOLES!!! Heavy penalties for those who find loopholes!!! Because only the middle class is paying tax now! Anyone learned from Marie Antoinette???

[mizeriluvscompany]

The federal government has already stepped in on behalf of the lobbyists sent by those millionaires to keep wages down. If minimum wage kept up with inflation, it would be 5x what it is currently.

[petecartwright]

"the times they are a changing..." B. Dylan