America's wealthiest households have record cash on hand

[Yo_Mama_Been_Loggin]

America’s wealthiest households are stashing their cash at record levels.

The top 1 percent have three times more in readily available cash than the bottom half, with holdings jumping from less than $15 billion shortly before the last recession to a record $303.9 billion at the end of 2018, according to Federal Reserve data released last week.

By contrast, while holdings for the bottom 50 percent of households surged almost tenfold since the pre-recession low, they’ve increased at a much slower pace than the wealthiest cohort.

https://www.msn.com/en-us/money/markets/americas-wealthiest-households-have-record-cash-on-hand/ar-BBVu0hB?li=BBnbfcN

The GOP - the party of wealthcare.

[Corgigal]

1. And the same air,

the same water and the same environment. We can all face some unknown plague that could come out of the warming permafrost. Winning short term, but we are all losing long term. Money can't buy everything, those selfish idiots.

[guillaumeb]

2. Recommended.

And the 1% are never satisfied.

[benld74]

3. Hope it has a lot of germs on it