If you became an owner of 1KG of gold. How rich does that make you compared to the rest of the world?
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Depends if you can sell it
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Ah damnit so I did. The rest of the numbers are true, just not as close to the 1kg’s worth as noted.
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the median net wealth in the US is right around that $193k number, but the average is just over $1M, which is pretty amazing.
I'd say that the median is the average in this case. The mean usually works as a mathematical average, but in this example, it's clearly skewed.
The difference isn't between median and average, but between median and mean.
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Now always but often. You could even say almost always.
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That's huge amounts of money in most parts of the world. Westerners don't realise just how much more their currency is worth.
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Yeah pretty much! They were in full dress with the red coats and boots and the wide brimmed hats and all that. No horses though. There was also a fair bit more security that day than usual with swat team-looking guys around the exits and stuff.
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That's really interesting. I saw the term "international dollar" but glossed right over it.
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Sure, but mortgage interest can easily be enough to make that worth it without any other deductions. With $300K principal and a 5% loan, that’s $15K - about the same as a single taxpayer’s standard deduction and roughly half of a married couple’s standard deduction.
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It was a joke obviously but German cars often start with just the absolute basics, almost forcing you to pay up for extras that should be standard, especially in higher classes.
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1kg of gold would fuck up so many of the world populations people, much like the lottery
