“In 2022, according to the Federal Reserve, the average American household directly or indirectly owned almost $500,000 worth of stocks. But these holdings were concentrated in the highest-income 10 percent of the population; the median household owned only $52,000.” Paul Krugman
File this under “the New Aristocracy”. Relative to the “income gap”, the more pernicious “wealth gap” flies well under the radar.