That's correct, a value of 48k in 2019 dollars is even lower than a value of 50k 2019 dollars. This one single piece of data confirms the "stagnating feeling"

That's correct, a value of 48k in 2019 dollars is even lower than a value of 50k 2019 dollars. This one single piece of data confirms the "stagnating feeling" of many people who are not rapidly expanding their net worth-- even just maintaining it is good work these days in the face of rising costs of living.