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There's no inequality

Posted 03-27-2017 at 10:24 AM by lifeexplorer


Roughly 80 percent of millionaires in America are the first generation of their family to be rich. They didn’t inherit their wealth; they earned it.

https://www.cato.org/publications/co...real-1-percent

Keep in mind that 70% of the rich people lose their wealth by the second generation, and 90% by the 3rd.

http://time.com/money/3925308/rich-f...s-lose-wealth/

Having wealth means nothing when financial literacy is not passed down.

http://www.investopedia.com/financia...ire-myths.aspx
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