The Wealth Gap Is Tearing America in Two — And It’s About to Get Worse

"now it's just under 1.2 trillion and it's still growing."

"I believe that we've already passed the point of no return. I think that inflation will reacelerate."

"I see another economic crisis followed up by just more government bailouts. You know, where's that money going to come from? They don't have the money, so they're going to print the money. And with that going to come more inflation, and with that's going to come more wealth inequality."

"And the trend is expected to continue downward."

"So AI is now threatening white collar jobs the same way that globalization disrupted the manufacturing sector."

"if the Federal Reserve expands their balance sheets by let's just say another $7 trillion, that would be massively inflationary. ... the Federal Reserve's balance sheet has roughly doubled after each major crisis."

"And if history repeats, we're going to get more of the same financial asset inflation and cost of living inflation. So listen, during the last rounds of money printing and inflation, the rich got richer, they became more powerful. And after the next crisis and this it's going to be the same thing."

"Treasury bonds or US government debts becoming the next toxic assets."