this post was submitted on 10 Sep 2023
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40-54 year olds were 7-21 years old in 1990. That group had >30% of wealth? I have some doubts about these charts.
That's because you're reading the chart wrong. It's showing the change in wealth for those age brackets across time.
People that were 40 in 1990 had a bigger share of the wealth than people who are 40 in 2020.
Ah, I see. Thank you.