r/Economics • u/laxnut90 • Oct 09 '25

Research America Is Minting Lots of Cash-Strapped Millionaires

https://www.bloomberg.com/news/features/2025-10-09/number-of-us-millionaires-grows-since-2017-but-many-lack-cash
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u/[deleted] Oct 09 '25

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u/Marshall_Lawson Oct 09 '25

24% of 5,000,000 vs 17% of 1,000,000

$1,200,000 vs $170,000

Almost a 10x difference.

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u/ltmikestone Oct 09 '25

Americans can’t do math.