The iron fist

There are 331 million people that live in the United States today. Out of those, there are roughly 23 million millionaires. About 6% of the total population in the U.S. There are about 750 billionaires in the U.S. today. The total wealth of U.S. billionaires grew from $240 billion in 1990 (adjusted for inflation) to over four trillion which is more than the combined wealth of the bottom half of U.S. households. 

Adam Smith famously wrote about the invisible hand—the unseen forces of self-interest that impact the free market. If yesterday, the economy was ruled with a hand, it is now with an iron fist. An unforgiving one at that.