Is Wealth Inequality Systemic In Our World?

Larry Ludwig from Investor Junkie is occupying MMS this week in order to give us his thoughts on the income inequality debate generated by this summer’s blockbuster bestseller: Thomas Picketty’s Capital In the Twenty-First Century.  Any time that a book as long as the Bible that is written by a French economist ends up on coffee tables around the world – you know something interesting has happened.  For those of you having flashbacks to boring English classes, have no fear – this isn’t a book club – we chat about what you can do claim your spot in a shrinking middle class no matter what the 1% is doing.

https://moneymastermindshow.com/episode8-is-wealth-inequality-systemic-in-our-world/

Some important questions discussed in this episode:

• Is income inequality even a problem?  Hasn’t it been around forever?
• What has taxation looked like in the past?  It can’t have changed that much right?
• How does corporate taxation and recent “corporations as people” chatter factor into this whole income inequality debate?
• What do the infamous 1% do to make all their money? (*Hint: They aren’t just working more overtime.)
• What steps can you take regardless of what the 1% are doing?

Panelists In This Episode:

• Special Guest: Larry Ludwig | Investor Junkie
• Glen Craig | Free From Broke
• Kyle Prevost | Young and Thrifty
• Miranda Marquit | Planting Money Seeds
• Peter Anderson | Bible Money Matters
• Tom Drake | MapleMoney