Bloomberg has a good article a few months ago on re-thinking wealth. They highlight 3 suggestions that may be explored to re-distribute wealth in a fair manner.

These articles may end up behind a paywall so I want to share this over here at Investment Moats. I will add my interpretation as well.

Two of them are rather interesting to me. More because of the way they were suggested because one involves retirement withdrawal. The other feels like a conversation on financial independence.

So here are the suggestions.

The gap between a median white family and median black family is wide. The white family has $171,000 in wealth while the black family have $17,600. We include home equity here.

If we use average instead, the white family will have $800,000 more than the black ones.

Baby Bonds – This establish a universal birthright to capital.

This was the