Poverty, like wealth, is passed down from one generation to the next. But not because of circumstances.
The actual inheritance is not of physical wealth, or lack of it, it is in the attitude of just what wealth IS, and the care and nurturing of what is, at best, a fragile and uncertain art, preservation of capital.
Simply handing an unsophisticated and relatively ignorant individual a pile of cash is a recipe for making the value of that pile of cash evaporate, providing no lasting economic value. Oh, a few people right around the unfortunate inheritor of all this supposed wealth may do very well economically, but unless they, in turn, apply this new-found wealth to serious growth, then the cash flow continues to disappear down a bottomless pit. My own father, in his pithy way, called this “p*ssing it all away”.
The chief cause of poverty is poor people having children.
Two poor people have 5 children that results in seven poor people.
So if you don't like being poor don't blame rich people; take it up with your parents.-Tom