top | item 46486454 (no title) spixy | 1 month ago GDP PPP per capita is better measure of quality of life. discuss order hn newest mschuster91|1 month ago it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.[1] https://markets.businessinsider.com/news/stocks/stock-market... WalterBright|1 month ago You can select yourself as a beneficiary by buying stocks. With Robinhood, you can do so with less than a C-note.> the richest 10% of Americans own 93% of the stocksMost prolly got that way by buying stocks!
mschuster91|1 month ago it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.[1] https://markets.businessinsider.com/news/stocks/stock-market... WalterBright|1 month ago You can select yourself as a beneficiary by buying stocks. With Robinhood, you can do so with less than a C-note.> the richest 10% of Americans own 93% of the stocksMost prolly got that way by buying stocks!
WalterBright|1 month ago You can select yourself as a beneficiary by buying stocks. With Robinhood, you can do so with less than a C-note.> the richest 10% of Americans own 93% of the stocksMost prolly got that way by buying stocks!
mschuster91|1 month ago
[1] https://markets.businessinsider.com/news/stocks/stock-market...
WalterBright|1 month ago
> the richest 10% of Americans own 93% of the stocks
Most prolly got that way by buying stocks!