Discussion:
10% of population "own" 90% of the wealth?
(too old to reply)
S***@outlook.com
2017-06-17 06:39:27 UTC
Permalink
It's been a few decades since I used the log-book to make such
calculations, but I'll check your formular and figures which
will show how fast, and without injustice the one of two brothers
gets to own 90% of the family wealth under the following conditions:-

The two brothers start by each owning $1 of the
family's total 2$ wealth.
A earns $100 per month and saves $1.
B earns $101 per month and spends $1 less than A.
gamo
2017-09-17 15:26:49 UTC
Permalink
Post by S***@outlook.com
It's been a few decades since I used the log-book to make such
calculations, but I'll check your formular and figures which
will show how fast, and without injustice the one of two brothers
gets to own 90% of the family wealth under the following conditions:-
The two brothers start by each owning $1 of the
family's total 2$ wealth.
A earns $100 per month and saves $1.
B earns $101 per month and spends $1 less than A.
Wrong example. The % of B savings is convergent at 66.66% of the total.
--
http://gamo.eu.pn/
Do not mix your decrepitude with that of the world.
Different racing teams.
Loading...