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> the $100 billion personal wealth threshold This kinda stuff needs to be scaled by something like GDP per capita, or at least adjusted for inflation, to have
by Terr_ 2y ago
> the $100 billion personal wealth threshold
This kinda stuff needs to be scaled by something like GDP per capita, or at least adjusted for inflation, to have any real historical meaning.
For example, when "Millionaire" was coined it meant a very different slice of the population than today, with an inflation difference of ~8x.