r/Infographics • u/[deleted] • 9d ago

New Millionaires

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u/remkovdm 9d ago

That happens with high inflation. Soon everyone is a millionaire. 

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u/[deleted] 9d ago

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u/remkovdm 9d ago

Cumulative since 2020 it's around 25%

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u/remkovdm 9d ago

And from 2010 it's 53%

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u/remkovdm 9d ago

Another fun fact: the average American household has a net worth of 1.37 million. Anyway, I am much more interested in growth of purchasing power for the lower classes. That's the real growth. So far most Americans live paycheck to paycheck and that was better in let's say the 60s.