3 ms·
Everyone outside the US doesn't deal with USD. Your comment is bonkers. Read up on purchasing power. All locations are not equal.
by segmondy 7mo ago
Everyone outside the US doesn't deal with USD. Your comment is bonkers. Read up on purchasing power. All locations are not equal.
- jltsiren 7mo agoThe traditional definition of high income starts at 2x the median. Looking the US as a whole, anything above $125k should be considered high income. But it doesn't feel like that, because median wages are unusually low in the US relative to mean wages. Upper middle class salaries, on the other hand, have grown very high, and they have distorted people's perceptions. Even now, we are debating whether almost 5x the median should be considered high income.
- MattDamonSpace 7mo agoThe us has an enormous per capita gdp for that large a country