News for hackers. Stuff that matters.

A comment on Alan Greenspan Dies at 100; Led Fed During Boom Before 2008 Bust. Parent comment

Re:Alan Greenspan Dies at 100; Led Fed During Boom Before 20... by up2isomorphism on Monday June 22, 2026 @02:17PM (#48633832)
It depends on how inequalities is defined. But from the wealth distribution point of view, today’s wealth distribution skews much more towards the top. Although the lowest living standards improve thanks to the technology advancement.
[ Parent | on HN ]
Re:Alan Greenspan Dies at 100; Led Fed During Boom Before 20... by OnlyANeurosci on Monday June 22, 2026 @02:39PM (#48634183)
Ah the classic "you have a fridge, king louie didn't have a fridge therefore in the scope of ALL of human existence you are obscenely wealthy" trope.

https://www.mediamatters.org/fox-nation/fox-cites-ownership-...

[ Parent | on HN ]
Re:Alan Greenspan Dies at 100; Led Fed During Boom Before 20... by serf on Monday June 22, 2026 @04:15PM (#48635494)
if you don't like that concept of value then let's make a new concept of value that can't be reviewed or compared through the ages -- but until then I am completely comfortable with the idea that a full detail continental map would have been invaluable to the Lewis and Clark expedition.

The trope is that having any store of value makes you wealthy; not the case : wealth is generated through financial value

Bill O'Reilly is just a pundit, not some maker of policy or human truth. He's a talking head, and not a particularly eloquent one.

[ Parent | on HN ]