Obviously there is a considerable wealth gap among different demographics. But if you compare a poor black neighborhood with a poor white trailer park, there won't be much of a difference. If you compare that poor neighborhood or trailer park with a rich white gated community, you're not really saying much that isn't already known. How do we know the people who conducted the study didn't purposefully do the latter?
Because the Fed is a reputable organization and described their methodology above?
Not really going to keep replying to this thread, but I think it's much more likely that the Fed is accurately reporting the reality of an extreme racial wealth gap, as opposed to the Federal Reserve Bank doctoring results to fake those wealth gaps.
