The dollar amounts are so staggering, that simply telling you how much money humans have created probably wouldn’t convey the magnitude. However, The Money Project’s data visualization in this video, allows us to relate numbers in the millions, billions, and trillions to create the context to make it more understandable.
Starting With Context The median U. S. household income of $54,000 is a number that most people can relate to. It’s enough money to save up to buy a car, or maybe even a house depending on where you live.
Multiply that income by eight, and that number is now big enough to count as being in the top 1% of earners. People in the ‘one percent’ make at least $430,000 per year.
This post was published at Zero Hedge on Sep 28, 2016.