Your math is messed up. There are 250 million people in the U.S.
Give each one $4 and that's a billion dollars. Give each one $4,000 and that's a trillion dollars. Multiply by 50 to get $50 trillion so you get $200,000 dollars. You cannot compound interest for something like this, as it is built in the transfer of the wealth, which is con…
Your math is messed up. There are 250 million people in the U.S.
Give each one $4 and that's a billion dollars. Give each one $4,000 and that's a trillion dollars. Multiply by 50 to get $50 trillion so you get $200,000 dollars. You cannot compound interest for something like this, as it is built in the transfer of the wealth, which is continuously being invested. However, you can see the real number is a lot, $200,000 dollars per person. If you're married, that's $400,000, enough to buy a home in many parts of the country.
Your math is messed up. There are 250 million people in the U.S.
Give each one $4 and that's a billion dollars. Give each one $4,000 and that's a trillion dollars. Multiply by 50 to get $50 trillion so you get $200,000 dollars. You cannot compound interest for something like this, as it is built in the transfer of the wealth, which is continuously being invested. However, you can see the real number is a lot, $200,000 dollars per person. If you're married, that's $400,000, enough to buy a home in many parts of the country.