Writing for the outlet, Andrew Lisa explained that Americans hold a combined $160.35 trillion in wealth. To the average person, that sounds like quite the payday, but someone in the top 1% probably wouldn’t see it that way. According to Lisa, “The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.”

There are approximately 340.11 million people in the U.S. If they all shared that $160.35 trillion, each person would come away with $471,465. Not only is that more than the average person could even imagine, but it only compounds when you consider how it would add up for families. For example, a couple would hold a combined $942,930, and a family of four would have $1.89 million. Because, of course, in an ideal world, wealth would be distributed evenly regardless of age.

  • x00z@lemmy.world
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    19 hours ago

    The wealthy hoarding the money makes it more valuable.

    Give it to the people and it will lose a lot of value.

    This says a lot about economics and how wealthy these people actually are.

    • Miles O'Brien@startrek.website
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      19 hours ago

      If not using something that is supposedly meant to be used makes it more valuable, then that something’s value is made up.

      Hey wait a minute… Is… Is capitalism just a big scam???