‘The bottom 60% in the U.S. represent only 15% of wealth,’ says Federal Reserve System board member
0:50
YouTubeCouncil on Foreign Relations
‘The bottom 60% in the U.S. represent only 15% of wealth,’ says Federal Reserve System board member
“The highest earning 10% of households are responsible for 22% of personal consumption,” says Christopher J. Waller, member of the Board of Governors of the Federal Reserve System. Waller explains how the top 20% of U.S. earners account for about one-third of total consumer spending and hold a disproportionately large share of stock market ...
20K views1 month ago
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