The coin flip

On day in class we gambled. It was a simple game, you just decided how many coins you want to gamble, flipped the coin, and called what you think it would land on. Once one of you between you or your partner ended up with all the coins, that person moved on to play another person with coins. Eventually one person in the class ended up with all the coins. This shows there's this really small percentage of people at the top with all the money. The more coins you had the more you could afford to gamble, while the less coins you had, the less you could lose. It's much harder than Americans would like to think to acquire money and move up but really the people who end up at the bottom, the majority, stay at the bottom, while the people with all the money, a small percentage, stay at the top. There are a few exceptions of people who can climb all the up the money ladder, but for the most part if your doing any moving up or down at all its just a couple steps. My dad, for example, grew up on the poorer side of Chicago but decided to go to college and get a good job and now he is part of an upper-middle class family. Its interesting to see my family compared to his siblings families because he was the only of of his siblings to go to college so while he moved up, everyone else stayed the same.