Sunday, March 9, 2014

Illusory Wealth

The Federal Reserve recently reported that the net worth of American households grew by $9.8 trillion, or 14 percent, last year. $5.6 trillion of this increase came from the stock market and $2.3 trillion came from rising home prices. The increase in household net worth is also called an increase in household wealth. This increase […]



via Bob McTeer's Economic Policy Blog http://ift.tt/1dFDK6e

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