Some will point out that, given our system’s inherent wealth inequality, such a boom is impossible.

Most people probably don’t realize the 1920s was one of the worst decades in modern economic history for wealth inequality.

According to the BLS, nearly 60% of all households by the end of the 1920s made less than $2,000 a year, which was the minimum livable income at the time. By 1928, the top 1% earned nearly 25% of all wages.

It’s also worth pointing out that the orgy that was the Roaring 20s was followed by the Great Depression.