Kairos@lemmy.today to Showerthoughts@lemmy.world · 4 days agoEvery 1 in ~200 dollars of wealth of the US population is owned by one personmessage-squaremessage-square9fedilinkarrow-up168arrow-down17
arrow-up161arrow-down1message-squareEvery 1 in ~200 dollars of wealth of the US population is owned by one personKairos@lemmy.today to Showerthoughts@lemmy.world · 4 days agomessage-square9fedilink
minus-squareFooBarrington@lemmy.worldlinkfedilinkarrow-up8·3 days agoTotal US wealth seems to be $150-160 trillion, so it checks out?
minus-squareNateNate60@lemmy.worldlinkfedilinkarrow-up3arrow-down1·3 days agoWhat’s your source for this?
minus-squareFooBarrington@lemmy.worldlinkfedilinkarrow-up3·edit-23 days agoHow about you give whatever number you think is the accurate one first? GDP isn’t directly related to wealth, so it’s not relevant. GDP is measured per-year - our wealth doesn’t reset to 0 at the start of a new year.
minus-squareNateNate60@lemmy.worldlinkfedilinkarrow-up2arrow-down2·edit-23 days agoI’m guessing you or the AI chatbot you may have asked are talking about the total US household wealth as reported in this Reuters article. That’s where I see the $180 trillion number.
Total US wealth seems to be $150-160 trillion, so it checks out?
What’s your source for this?
How about you give whatever number you think is the accurate one first?
GDP isn’t directly related to wealth, so it’s not relevant. GDP is measured per-year - our wealth doesn’t reset to 0 at the start of a new year.
I’m guessing you or the AI chatbot you may have asked are talking about the total US household wealth as reported in this Reuters article. That’s where I see the $180 trillion number.