this post was submitted on 20 Aug 2023
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[–] [email protected] 25 points 1 year ago* (last edited 1 year ago)

If wealth were actually distributed in the US equally that might be true, but as it is it's more than double what most Americans have, even ignoring inflation.

The average net worth of all American families was $746,820, according to the Federal Reserve’s 2019 Survey of Consumer Finances, while the median figure was $121,760.

The Average Net Worth Of Americans—By Age, Education And Ethnicity