Fiat Money Production and the Distribution of Incomes and Wealth Prof. Dr. Hülsmann Université d’Angers Leontief Readings, 14 February 2014.

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Presentation transcript:

Fiat Money Production and the Distribution of Incomes and Wealth Prof. Dr. Hülsmann Université d’Angers Leontief Readings, 14 February 2014

30-Year Fixed Rate Mortgage Average in the United States Source: Freddie Mac; Federal Reserve Bank of St. Louis, times series MORTGAGE30US

Income Gini Ratio of Families by Race of Householder, All Races Sources: Census Bureau; Federal Reserve Bank of St. Louis, times series GINIALLRF

Mean Median Ratio Mean and Median Income of US Households, Source: Wolff (2012, p. 56); own computations; mean and median figures in thousands, 2010 dollars

Mean Median Ratio Mean and Median Net Worth of US Households, Source: Wolff (2012, p. 56); own computations; mean and median figures in thousands, 2010 dollars

Mean Net Worth Mean Income Ratio Mean Net Worth and Mean Income of US Households, Source: Wolff (2012, p. 56); own computations; mean and median figures in thousands, 2010 dollars

Fiat Money Production and the Distribution of Incomes and Wealth Prof. Dr. Hülsmann Université d’Angers Leontief Readings, 14 February 2014