Kairos@lemmy.today to Showerthoughts@lemmy.world · 2 months agoEvery 1 in ~200 dollars of wealth of the US population is owned by one personmessage-squaremessage-square9linkfedilinkarrow-up170arrow-down17
arrow-up163arrow-down1message-squareEvery 1 in ~200 dollars of wealth of the US population is owned by one personKairos@lemmy.today to Showerthoughts@lemmy.world · 2 months agomessage-square9linkfedilink
minus-squareFooBarrington@lemmy.worldlinkfedilinkarrow-up8·2 months agoTotal US wealth seems to be $150-160 trillion, so it checks out?
minus-squareNateNate60@lemmy.worldlinkfedilinkarrow-up3arrow-down1·2 months agoWhat’s your source for this?
minus-squareFooBarrington@lemmy.worldlinkfedilinkarrow-up3·2 months 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-down2·2 months 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.