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  • 10% of population "own" 90% of the wealth?

    From SocialistAbsurdities@outlook.com@21:1/5 to All on Sat Jun 17 06:39:27 2017
    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.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From gamo@21:1/5 to All on Sun Sep 17 17:26:49 2017
    El 17/06/17 a las 08:39, SocialistAbsurdities@outlook.com escribió:
    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.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)