"I think it's fair to say there is a demagogic path that Europeans, South Americans, Asians have pursued, and we know where that leads. It uses xenophobia, it uses paranoia, it uses prejudice, it uses nationalism to really stir people up and to, you know, begin an us-versus-them contrast, which is dangerous and is not something we've had in our politics at a presidential level in America."

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The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution —families that in 2013 had a net worth between $81,000 and $1.9 million —held 43% of wealth in 1989 and only 36% in 2013.

— Janet Yellen