The following narrative is not a hoax, nor does it contain opinions and guesses. It is as quantitatively accurate as our numbering system and 3rd grade arithmetic are likely to remain intact and accurate.*

Did you know that $3.7 billion dollars of wealth are being sucked out of the US economy every day and deposited unearned and untaxed into the wealth accounts of the ultra-wealthy? That dollar amount arises from a set of calculations that are accurate, reliable, and useful. The data are so pure, if fact, that almost any careful financial investigator could make the predictions that follow. Here they are:

1. The stated source of wealth is why the rich keep getting richer, and the poor remain poorer—and this gap is projected to double in value every 10 years—in perpetuity. There are no barriers in place to stop, change, or reduce this relentless flow of wealth.

2. Both the daily flow and the accumulation of wealth compound with time. The daily accumulations are expected to double in value every 10 years. $3.7 billion they will become $7.4; and then $14.8; and then $29.6; and then $59.2 billion.

3. The wealth flow is in one direction, from the bottom 90 percent to the top 10 percent. The second group now hold $135 trillion worth of wealth; in 10 years that total will double to $270 trillion; in 20 years it will rise to $540 trillion; in 30 years it will rise to $1.080 quadrillion; in 40 years to $2.16 quadrillion.

4. The causal factors behind this unseen flow of wealth are so tightly locked into place by laws that no amount of effort is likely to change the fundamental nature of them. The bottom 50 percent of US resident could see only this linkage of wealth flow gains in the next 40 years: $1 to $2 billion; $2 to $4 billion; $4 to $8 billion; and $8 to $16 billion.

The preceding set of predictions virtually assures that the U.S. will become a plutocracy (rule by the wealthy) sometime soon. That also means that the bottom 50 percent will live in squalor, and no amount of “band-aid” legislation can or will change it.

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*The basic data are from the Flow of Funds Report compiled by the Federal Reserve Board, a governmental organization that employs 400 PhD economists. The projections are based on the compound annual growth rate (CAGR) of wealth during the period 1950 to present. Basically, the economy has grown by an average of 3.3 percent per year, resulting in wealth gains of 7.2 percent per year, CAGR. All that is necessary to maintain the projected flow and limited conclusions is that men and women of goodwill do nothing at all.