Comment by kube-system
1 hour ago
> The median US household has a net worth of $200,000.
Which is primarily the market value of the home they live in. They can’t pay a bill with it.
The median American household has $8000 of liquid cash in all of their cash accounts combined.
> The median American household has $8000 of liquid cash in all of their cash accounts combined.
That’s a lot of liquid cash. It reinforces the idea that the median American household has an unparalleled amount of money to burn on whatever.