Tuesday, November 25, 2014

Mount Shafta: The Ownership Society Is Over

The following chart shows the 5-year moving average of wages and salary accruals divided by rental income of persons.

Click to enlarge.

Things just haven't been the same since the volcano erupted.

Can nothing stop the pyrocashtic flow (a fast-current of hot money)?

Source Data:
St. Louis Fed: Custom Chart


Rob Dawg said...

Hey, you wage slave renters, the rent is due! Again.

Stagflationary Mark said...

Rob Dawg,

Ask not what you can rent from your country, ask what your country can rent from you!

Never in the field of human conflict was so much rent owed by so many to so few!