Re: I do not think it means what you think it means...
>>"Wealth inequality is a nonsense. I'm one of the poorest people on the planet according to my wealth, but in actuality I have extremely high levels of comfort to go along with my high net debt."
Wealth != Money. I can own a house, a computer and all sorts of goodies yet have zero or negative money. I would still rank extremely high in terms of wealth on the world scale.
>>"The fastest way to reduce wealth inequality would be to forbid people to take out mortgages"
Well no, it wouldn't. That would just mean that only the rich could afford to buy property and many who currently buy be forced into perpetually renting from those rich. No idea how you believe the above.