Kairos@lemmy.today to Showerthoughts@lemmy.world · 2 days agoEvery 1 in ~200 dollars of wealth of the US population is owned by one personmessage-squaremessage-square9linkfedilinkarrow-up167arrow-down17
arrow-up160arrow-down1message-squareEvery 1 in ~200 dollars of wealth of the US population is owned by one personKairos@lemmy.today to Showerthoughts@lemmy.world · 2 days agomessage-square9linkfedilink
minus-squareFooBarrington@lemmy.worldlinkfedilinkarrow-up3·1 day 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-down2·1 day 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.
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.