America’s middle class is being squeezed—own assets or fall behind.
The Kobeissi Letter notes 134.8 million U.S. households, but the richest 1 % (1.4 million) hold over $60 trillion, adding more than $30 trillion since 2020.
Overall household wealth jumped from about $101 trillion six years ago to $185 trillion today, while the bottom 50 % (67.4 million households) hold a tiny share.
Inflation eroded purchasing power by roughly 23 % since 2020, staying above the Fed’s 2 % target for 60 months.
Mortgage rates have risen toward the mid‑7 % range, and Treasury yields have surged, making traditional assets harder to acquire.
Bitcoin fits this dynamic because its supply caps at 21 million and cannot expand with fiscal policy.
It offers a low‑barrier entry to a scarce asset, yet it is highly volatile—losses of 50 %+ in months are possible—and provides no cash flow or direct relief for rent, food, or housing costs.
Do you see Bitcoin as a viable path for middle‑class wealth building, or just a risky side‑track?
#Bitcoin #MiddleClass #AssetOwnership #Inflation #MacroEconomy
The Kobeissi Letter notes 134.8 million U.S. households, but the richest 1 % (1.4 million) hold over $60 trillion, adding more than $30 trillion since 2020.
Overall household wealth jumped from about $101 trillion six years ago to $185 trillion today, while the bottom 50 % (67.4 million households) hold a tiny share.
Inflation eroded purchasing power by roughly 23 % since 2020, staying above the Fed’s 2 % target for 60 months.
Mortgage rates have risen toward the mid‑7 % range, and Treasury yields have surged, making traditional assets harder to acquire.
Bitcoin fits this dynamic because its supply caps at 21 million and cannot expand with fiscal policy.
It offers a low‑barrier entry to a scarce asset, yet it is highly volatile—losses of 50 %+ in months are possible—and provides no cash flow or direct relief for rent, food, or housing costs.
Do you see Bitcoin as a viable path for middle‑class wealth building, or just a risky side‑track?
#Bitcoin #MiddleClass #AssetOwnership #Inflation #MacroEconomy
