# What Could You Buy With \$241 Trillion?

What would happen if you sold everything you own, liquidated any investments you have, paid off all of your debts, and withdrew whatever cash you have in bank accounts?

You’d be standing on the street naked, with nowhere to go, holding a bunch of cash, and people would be looking at you.

And whatever cash you were holding would be your net worth.

Okay now, imagine that everyone else in the world does that too (just pretend that makes sense), and all the people of the world, naked and holding their wealth in cash, come together and throw their wealth into a big pile together. How much money would be in that pile?

\$241,000,000,000,000.

The combined wealth of all the people of the world is \$241 trillion.1

So at this point, the whole human race would be standing there together, all naked, all broke, looking at a massive pile of cash.

Okay, so we’re all in a bit of an odd situation here. Let’s start by organizing the pile, converting it all into \$100 bills and making a huge stack of them.

One hundred \$100 bills (\$10,000) makes a 1.09cm-thick stack, so a million dollars stacked is a little over a meter, a billion dollars is a little over a kilometer, and \$241 trillion makes a 262,000km-high stack, which reaches 68% of the way to the moon.

Now let’s spread all those bills out on the ground in a single layer. The area of a bill is 103cm2, so 2.41 trillion of them would just about cover Vermont.

And converting them all to \$1 bills, 241 trillion \$1 bills would cover Algeria.

Okay enough bills. Let’s try gold. If you took all the gold ever mined in the world and melted it down into a cube, it would have a side of 20.7 meters (and be worth \$8.6 trillion).2

Kind of surprisingly small, right? Well how big would the gold cube be if we had enough gold to represent all \$241 trillion of the world’s wealth?

It would be a cube with sides of about 63 meters.

So that cube is what we’re all working with here. And if the world’s wealth were distributed completely evenly and every adult human had an even share, everyone would have \$51,600, or this much gold:

But wealth isn’t evenly distributed. Let’s look at what the world’s wealthiest 1% of people have versus the other 99% of people?

To further demonstrate just how uneven wealth distribution actually is, let’s bring out some of the world’s richest billionaires.3

Who the hell is Amancio Ortega? I don’t know who you are, please leave.

So Credit Suisse came out with a report recently that revealed that the bottom half of humanity—3.5 billion people—has less than 1% of the world’s total wealth. And starting from the top, it only takes the combined wealth of the richest 85 people to equal the wealth of the bottom 3.5 billion people.

To put that in perspective, 85 is 1/84 millionth of the world population. So if one jellybean represents 85 people, the human race could be represented with 84 million jellybeans, which would just about fill 2 five-meter-high cubes:

So the richest jellybean in the rich-half box has the same wealth as the entire poor-half box combined:

To further explore the kind of wealth these 85 people have, let’s take Mark Zuckerberg, the youngest of this group of 85 people that makes up the richest jellybean.

Mark is worth just about \$30 billion. 1,074 cubic cm is about \$1 million of gold. This amount of gold can be made into a big gold coin with a diameter of 26cm (about a foot) and a thickness of 2cm (about an inch). Mark Zuckerberg’s \$30 billion can be converted into 30,000 of these million-dollar gold coins:

To help us appreciate how much money that is, think about this: the tallest building in the world, the Burj Khalifa, cost \$1.5 billion to build. That’s what Mark Zuckerberg makes each year off the interest on his wealth (if he made 5% in interest)—enough to build a new Burj Khalifa each year without denting into his wealth.

Another way to look at it is by understanding how vastly richer a billionaire is than a millionaire. To help demonstrate this point, let’s bring Alex Rodriguez into the discussion, who is worth \$300 million—right around the same level as the richest movie stars. And A-Rod’s wealth amounts to only 1% of Mark Zuckerberg’s.

How about someone lower down in the wealthiest 1% group—a lesser millionaire? A rich lawyer might have a net worth of \$3 million, which is 1% of what A-Rod has.

The rich lawyer is rich by almost anyone’s standards, but he has nothing compared to A-Rod (1/100th) or Mark Zuckerberg (1/10,000th). Still, because he’s part of the wealthiest 1% of both the world and the US5, we routinely group these three people together in the “1%” category. Categorizing Zuckerberg with the lawyer is as crazy as grouping the lawyer together with someone who has 1/10,000th of what he has—a high school kid who has \$300 to his name.

Moving on from the one percenters, let’s bring in an ordinary American. In fact, let’s bring in the ordinary American—the one with the exact median net worth, \$44,911.1

While the mean US net income, at \$301,140,1 is one of the world’s highest, the median US net income is far lower and only the 27th highest in the world. It’s a mistake to say that the mean, \$301,140, represents the average American’s net worth—that’s just what the wealth of each American would be if all American wealth were divided evenly. For example, in a country of ten people, where nine of them hovered around \$30,000 net worth and the tenth was worth \$10 million, the mean (\$1.027 million) would suggest that the average person was a millionaire. The median wealth would be around \$30,000 and a much more accurate representation of how the average person was actually doing.

Likewise, our ordinary American above having the median US net worth means that half of Americans are richer than he is and half are poorer. He’s the average American, and with a net worth of just under \$45,000, he’s doing worse than the average member of 26 other countries, including not-so-wealthy countries like Greece and Slovenia.1 The US’s mean wealth / median wealth ratio of 6.7 is one of the highest in the world and suggests that wealth inequality is particularly high in the US.

And how about an average human? How much wealth does the median adult in the world have?

Even if you adjust for the cost of living in poorer countries, this is pretty low. And this is the median human wealth, meaning that half of all adults have less than \$4,000 to their name.

Sure. What seems to be the problem?

Okay annoying, but I guess also fair. Let’s fix this by converting the gold into a big potato of equal value.

How big a potato could you buy with all the world’s wealth? If a typical potato sells in the US for \$.33 and a potato is about 15 cubic inches, or 246 cubic cm, so \$241 trillion would buy you 179 cubic km of potato, or a potato about 60km long.

Enjoy!

Ungrateful.

Fine. How big a pizza could we buy for \$241 trillion?

A Domino’s 14″ pizza goes for \$19 (at least in New York), which comes out to 52.3cmper dollar. Using that rate, we can convert all human wealth to a pizza with area 1.26 million km2, which is just about the area of Niger.

Okay yeah, you need water I guess. At Poland Spring’s rate of \$1 for a 16.9oz bottle, I can convert the world’s wealth into a 31.8 trillion-gallon bottle with a height of 11.6km, just above where airplanes fly.

I’m sorry you’re in this situation, but there’s nothing more I can really do to help. Instead, I’ll wrap up by converting all \$241 trillion of the world’s wealth into tortoise.

To assist with my calculations, I’ve called upon my pet tortoise and close friend of nine years, Winston.

To Winston’s displeasure, I used a tape measure to determine his proportions—he’s roughly 25cm long, 15cm wide, and 13cm high. His original price tag was \$200, making the going tortoise rate \$.20/cubic cm.

Using that rate, we can convert all the world’s wealth to tortoise and buy ourselves a 2.7km long tortoise.

If you liked this, you’ll probably also like:

Fitting 7.3 billion people into one building

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Why is my laptop on?

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• María

Hello! Even though it´s really cute how poor Amancio Ortega walks away from the group of richest people in the world, being Spanish I know perfectly well who he is, he´s the founder and until recently the president of the company Inditex, which owns ZARA, the brand of clothes which has now spread almost over the world. He opened the first ZARA shop in the 70´s in Galicia, in the north of Spain. He´s kind of a legend here…well, just so you knew; I spared you some google time with the instant gratification monkey 🙂 Cheers!

• Nate F.

I think this might be my favorite Wait But Why post yet. Fabulous drawings!!

• Anonymous

So Algeria is 100 times bigger than Vermont. And it’s tortoises, all the way down. Got it!

I’ll take geography for \$800 please, Alex.

• Anonymous

sorry, this Anonymous is daChipster – hit Enter too soon.

• Jorge

Very surprised you made Amancio walk away. I suppose he took along all of Inditex and ZARA, that´s 50% of all world population´s clothes!!!

• Molly

Only a 20 meter cube of gold EVER MINED??

I’d love to see you do a post on precious metals and gemstones. The economics are crazy.

• Wait But Why

I had a whole section on diamonds but didn’t want the post to get too long. If you’re wondering:

At the rate of \$3,250 per carat—

– a cubic centimeter of diamond is worth about \$58,000.
– a cube with a side of 2.58cm (or about an inch) is worth \$1 million.
– a cube with a side of 25.8cm (or about 10 inches) is worth \$1 billion.
– a cube with a side of 2.58m (or about 8 feet) is worth \$1 trillion.
– all the world’s wealth is represented by a diamond cube with side 15.8m or about 51 feet.
– diamond is worth about 62 times more than gold per the same volume.

• Dave

Never be concerned that your posts are too long. We always want more.

• Alexia

I count ten shocking moments during this reading. Jellybean fact is my favorite of them.

• elbaus

I guess you’re americans…thank god you used metric units regardless!

• Wait But Why

Yeah I’m done using the idiot system. Never multiplying anything by 5,280 again.

• Paul

I’d love to hear your explanation of why some people have so much wealth while others have so little. After all, you could do a similar kind of analysis on the height of people, as if height were something that could be redistributed.

• Ryan Reynolds

There is no upper limit to how wealthy an individual can get. Biology limits human height.

• Anon

Not if you bought a human for all the world’s wealth. Then it’d be pretty tall.

• Sam

Interesting!!!

Put it in The Shed!

• Stacey Flowers

You are a GENUIS! I love every ounce of what I learned in this post + illustration! Well done!!! Well FREEggin done!

• Wait But Why

I’ve been told that it’s not clear that the tortoise trampling across the Himalayas is in fact my tortoise Winston. I’ve also been told that it’s not clear whether he’s flying or walking, which is preposterous. Finally, I’ve been told that people became worried about me when they saw how this post ended and thought I had had a meltdown.

• Melissa de Blok

They just don’t understand your brilliance. I’ve gone from groupie to obsessed stalker who will compare future lovers to you.

Thanks.

• Anonymous

Great post! In the second pic, though, why they are peeing on the money!?!

• Anonymous

They aren’t peeing, They’re tossing their money on the pile as represented by the curving lines from the people to the cash.

• Anonymous

They are not peeing, they’re throwing more money in the pile.

• Anonymous

Ha! It was a joke.

• SL

I like to think he has become more than a mere tortoise. He has become a FLYING SPACE TORTOISE, Who will save the world by hovering awkwardly close to evil and creeping it the hell out.

The word ‘tortoise’ is starting to look ridiculous right about now.

• Poor Man

Can you please do a post about how we (your readers) can also become a part of this 1% or at least the 10% club?
I know there is heaps of information out there on how they did it but I quite like your insight and perspective on things.

Greetings from the land down under…mate!

• Linear

Great column, ripe for a sequel.

Let’s say my rich uncle, who’s worth \$100 million, lives in the same Zip Code with a eight other equally wealthy folks and the esteemed Mr. Bloomberg (worth \$33 billion); just the ten families. Their average worth is \$3.3 billion, their median worth a paltry \$100 million.

BUT, the mean/median ratio is a stunning 33,000,000. Inequality? Hell yeah. Would I want to live in this Zip Code?

I could do a lot worse.

• wobster109

A median net worth of 45,000 means you don’t own a house. Not even a small house. Remember, that’s not your annual income. That’s how much you’ve saved up in all your life.

• Ally

You may not own a house but you could be mortgaging one.

• Linear

The point is that income inequality is only one metric, and not necessarily the most important one. If the richest family on the block only has \$100 net worth, everyone’s poor there. The net worth thing is also potentially misleading, as if everyone actually hoards their little pile of cash. The big-bucks folks are usually heavily invested in the economy, which indirectly supports the livelihood of many others. We can always compare ourselves to others but it’s pointless. We should be looking at why so many are poor, not just scapegoating the few who are so rich; a zero-sum mentality usually gets us nowhere.

• wobster109

See, I’m frustrated because the rich are pointing at me, and sneering, and bragging, “I put myself through school”. You know, back when a semester of college was about \$1000. I’m lucky and privileged to be free of student loans, but my friends are less lucky. When I try to talk about it, I get shut down by people who point to my dear friends and call them names – “lazy”, “unmotivated”, and questioning their judgment for getting into debt – never mind that the debt is student loans.

It’s very frustrating. We’re the common folk, the average working American. We’re trying to have a conversation, but our leadership doesn’t want to listen.

• Really?

You paid \$200 for a tortoise?

• Wait But Why

He’s premium. He also lasts like 150 years, which is a great dollar/year rate.

• wobster109

What happens to Winston when you’re de-animated?

• Wait But Why

Handed down to my favorite great-grandchild.

• Munchkins

Why are we all naked? Surely, with \$241 trillion, we could spare some loose change for basic clothing. #missingthepoint

• Anon

Sold yer assets to pay for the gold, buddy. No clothes allowed.

• Ashley

• Wait But Why

Someone noticed!

• Charlie

Yes! Just as I was turning depressed and communist, you brought all back with the classic potato-pizza-water bottle-tortoise conversion/move. Well done sir, well done.

• wobster109

I’m. . . pretty upset about this. I’m upset about that fellow on the 46% side of the block. In real life he (and it usually is a he) doesn’t say “sorry”. He says “why don’t you work harder and quit being jealous.” While cutting food stamps and constricting Medicaid.

• theplanbee

I want to start by saying that this is my favorite blog, and I look forward to reading it every week. So funny and informative. You obviously put a lot of work into it. I hope you keep it going. I’ve found the procrastination posts in particular to be poignantly insightful. I also enjoyed getting to know all my ancestors!

You might want to double check the math on how much area the bills cover. It just didn’t feel right that all the world’s wealth in \$100 bills would only cover Vermont. If your 103sq.cm figure is correct for the area of a bill, I think you are off by a factor of 100 in your examples. My calculations show that the \$100 bills would cover Algeria, and the \$1 bills would cover more than the entire Pacific, Atlantic, and Southern Oceans. Work below:

(103cm^2)(1m/100cm)(1m/100cm)(1km/1000m)(1km/1000m)= 1.03×10^-8 sq.km per bill
(1.03×10^-8)(2.41×10^14)= 2.48×10^6 sq.km or 2,480,000 sq.km for the \$100 bills (a little bigger than the size of Algeria)

I’ve double checked, and I don’t think I’m off.

• Wait But Why

You scared me for a second there, but here’s your mistake:

You multiplied the area of a bill by 2.41×10^14, which is 241 trillion. 241 trillion is the number of \$1 bills that would equal the world’s wealth (and that’s what covers Algeria). For your \$100 calculation, you should have used 2.14×10^12 instead, because the number of \$100 bills in question is 2.14 trillion, not 241 trillion. That divides everything by 100 and brings us down to the size of Vermont.

Make sense?

• theplanbee

Yep. You’re right. My bad. Late-night math with the baby crying in the other room can affect one’s decimal placement. Thanks for setting me straight, and keep up the good work!

There’s been so much press about income inequality, but this is the first one that made me laugh instead of sighing heavily. Thanks for the sobering insight along with the needed chuckle.

• Paul

Wait. I have been loving Wait But Why for months now, and it just hit me that it’s written by my favorite blogger ever…Tim from Underneath the Turban!!!!!!! And you know how I figured that out? WINSTON!!

When I heard the name Winston for a turtle, I thought “Where do I know that turtle?” and then it hit me.

I was in love with Underneath the turban and Wait But Why was the first blog I found since then that I liked as much and NOW THIS ALL MAKES SO MUCH SENSE.

Thanks for brightening my life and I’m so happy you’re writing again!

• Wait But Why

You know too much…

• Anonymous

It’s Friday, and I just discovered that you have another blog that could consume my work day. BUT “This blog is open to invited readers only”. Please, I have 8 more hours to kill. I am begging you.

• boso

Yeah, I found that blog as well while I was going on a Stalking-Tim-Urban-Tour. But it is closed down 🙁 Toooooooo bad. I’m still planning on learning to become a hacker, so I can hack it and read the posts nevertheless.

• Kim

What is a product that the really super rich would pay anything for that only the super poor can provide?

Maybe we can convince them that the poor have their souls?

Beats me. But we have to think of something….anybody got any ideas?

• Vitor Souza

Organs

• Theresa

Winston should get his own tortoise cozy! http://Www.facebook.com/mossytortoise

Basically it’s a cute crocheted covering that goes over his shell.

• johanka

Superb post. The only thing I don’t understand is why you were switching between golden cubes and large golden coins when comparing Zuckerberg, a movie star, an average lawyer, an average American, and an average person. If you stuck to golden cubes it would make your point even stronger.

• wobster109

I think the coins is so each coin (1 cm height) becomes 1 million dollars. That was each person has a round number of coins.

• Wait But Why

The reason I didn’t use a cube for Zuckerberg, A-Rod, and a rich lawyer’s wealth is that using three dimensions actually helps to conceal the vast discrepancy in wealth in question. Using a stack of equal-diameter coins puts the comparison in one dimension so you can more easily compare.

i.e. Zuckerber’s stack is 100 times higher than A-Rods, but his cube only has a side 4.6 times longer than A-Rod’s, which makes them look closer than they really are.

Make sense?

• johanka

Yes, this makes sense and I expected this is the reason. But, I would still like to see the comparison of an average lawyer, an average American and an average person in one drawing, using identical measure for all. Because that’s where it’s getting personal for most of us;)

• Shirley

Mark Zuckerberg: “My hair is what is is.”
Haha

• Mike Minetti

Is it possible to get an invite to read your old stuff on Underneath the Turban?
This is the best blog on the Internet, so I can only assume that there is some gold in those old posts – amirite?

• Anonymous

I second that

• Wait But Why

I’m flattered by the interest, but going to keep it locked for now—it’s a huge sprawling pile of personal anecdotes and opinions that 23-28 year-old Tim decided was fit to publish online, and 32-year-old Tim needs to just go through it and make sure he agrees. I’ll get to that sometime soon and maybe unlock it down the road.

• Lucy

What if we’re non-judgmental and could really use quality reading material?

• The Bridge

I might be really missing something, but I don’t know how you are getting \$51,600 average (mean) income per person. With \$241 Trillion I am getting average income of about:
\$34k for 7 billion people
\$40k for 6 billion people
\$48k for 5 billion people

• Wait But Why

It’s the mean income spread over 4.67 billion adults, since kids don’t have wealth. Should have clarified that.

• The Bridge

Smart adjustment! Amazing blog! I haven’t looked forward to reading this much since The Da Vinci Code!

• anon

9 Year old Kids in China do.

• MathCalling

Also, wealth is not income. average income ~\$10,000US per person.

• Bruce

according to my numbers you would only reach 0.068 of the distance to the moon, or 6.8%, which makes covering Vermont more acceptable. I knew one of these 2 had to be wrong, just from a volumetric standpoint

• Bruce

241 trillion / \$100 = 241,000,000,000
155.956mm*241,000,000,000 = 3.7585396^13 mm
3.7585396^13 mm * 66.294mm = 2.49168624242^15 mm^2
2.49168624242^15 mm^2 -> Km^2 = 2491.6862Km^2
2491.6862Km^2= 1/10 of Vermont…
?

• MathCalling

out by a factor of 100!

• Bruce

And for the moon –
1.09cm/100 = 0.109mm
0.109mm*241,000,000,000 100\$ bills = 26,322,020m or 26,322Km or less than 7% of the way to the moon.

• MathCalling

You got it wrong! \$241Trillion = 2,410,000,000,000 \$100 bills.

you somehow made the \$100 into \$1000

• Frankie

I was so bored I am 12 and I was just browsing math omg I have not seen such brilliant math like this in months u r pretty smart we should talk some time

• David

I hate to say this, but at 1st I thought the tortoise was mean to satisfy the complaining, hungry and thirsty masses. How long would a “theoretical” tortoise this size sustain the earth’s population?

• Alicia

Amancio Ortega is/was the owner of Inditex (Zara, Pull & Bear, Bershka, Massimo Dutti)

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• Game over

I find your ambitious math skills the sexiest thing I’ve ever seen. You’ve officially ruined all other men for me, save, maybe, some other brilliant mathematician somewhere yet-to-be-discovered…..but he is probably 64 years old, which is slightly out of my dating age range.

thanks a lot, guys. A whole, freaking lot.***

*sarcastically.

• Mikaela Pietsch

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• Elizbeth Musitano

You’ve got remarked very interesting details ! ps nice website.

http://commons.codeforamerica.org/great-guide-how-resolve-your-houses-inside

• Rafael

I wonder how much printer ink all this amount of money could buy. I’m guessing it wouldn’t be much.

• Ville N

23 cartridges of black ink.

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• Krattz

this blog is awesome. i love how you can go from talking about a very serious issue like how hideously uneven the distribution of our wealth is to figuring how big a tortoise we could buy if we all chipped in everything we had (totally worth just for that picture)

• Anonymous

WHY DON’T YOU HYPERLINK YOUR REFERENCES? It is really annoying to scroll down to bottom to just see the references :/

• Raunak

G8 page to read .. keep it keep.!

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Hey im steve and i think id love 251 trillion dollers so yeah, get stipped for me and ill feed u my black mamba in my pants 😀

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• cotpoe

Great post. Suitably and graphically presenting in a elegant, hard-hitting way the root issue of inequality that is present in today’s failing systems. And this does not even cover the older wealth – the billionaires here are the current generation big winners – not the interlocking wealth of the earlier generations in the trusts and foundations behind the hundred proxy shell groups and percentage interests. After few hundred years of moving towards Renaissance, the enlightened principles of reason, Man’s inalienable rights and the struggles that went in reducing inequality and a more equitable society based on high ideals – the cycle of history is going back in the reverse direction as tragically the hard-fought liberties are squandered away and systems hollowed out as the once vigilant citizenry returns to complacence,dependence and apathy.

“Simple living and high thinking”. How badly screwed up we are from that ideal. A 100 million will get you all the extravagant obscene decadent luxury you can ever dream of. It takes a special psychology of control and power to go from that to billion and beyond.

And that is essentially what prodigious wealth is – a dual-edged instrument of control and power that sadly becomes the master rather than the servant. Note also the asymmetric zero-sum game involved. The power of my “wealth” depends on denying others the same. If a million humans had billion dollars each – the “value” of that billion dollars will be a lot less.

At certain point, wealth becomes a tool of power and considerable energies are spent to build that power, to deny its encroachment by those waiting in the wings to seize it and to maintain its value – slowly consuming and corrupting the mentality and world-view of its holder. A great servant with huge potential to affect advancement becoming a corrupting master.

• Debra Blouin

So let’s really Harrison Bergeron this thing, because income inequality is a byproduct of other types of inequality: birth inequality, physical beauty, strength, will, intelligence, moral vigor, talent, and that most pernicious inequality of all: being in the right place at the right time with the right set of inequalities (aka Luck). Let us find a way to eliminate all those other inequalities and then we will be able to deal with income inequality. Only one problem: we will need a few people a bit more equal than the rest of us to ensure that we stay really and truly equal.

• Freeman

Right. Basically, you have to destroy the freedom of will, altogether.

• Eoghan Macmillan

Correct me if I’m wrong, but the impression I get is that you’re saying that, because some forms of inequality – ones that essentially constitute individuality – can’t be dealt with without crossing moral lines, we shouldn’t bother trying to tackle inequality at all.

If that *is* what you’re saying, then it’s akin to saying that because absolute world peace is unachievable without mass drugging a la Brave New World, we thereby shouldn’t be strive towards it at all.

TL;DR: Yes, absolute equality would require dystopic lines be crossed – that doesn’t mean we shouldn’t try to make things better than they are now, though.

• Debra Blouin

Correct you if you’re wrong. Ok.
First, nice and subtle try at demonizing my point; the implication being that to list the impossibility of dealing with difference by force of law is tantamount to saying “go ahead, be a bigotted arse.” I reject that out of hand. Did my comment negate ANYTHING about individuals addressing their own moral obligations NOT to be jerks; not to support charities which grant aid to those in need; not to mentor others who could develop and learn from them the skills and abilities they might lack? Vonnegut’s short story is satire, not unlike Swift’s A Modest Porposal. It seems that when we look at income inequality we see.it as a matter of luck-being born white, being born in America (and white), being born in the West, being born male (and white), being born middle class. Certainly, your starting hand is important. But I’ve played too much Texas Hold ‘Em. I have seen people stay in with 3-Jack off-suit (poor, of color, etc.- think Ben Carson) and win. And I have seen peoole with pocket Aces lose their shirts. I have played against people who had stakes that seemed endless, they could re-buy as much as they wanted making it hard to take ’em down if you had a much smaller stake. So, to heat the metaphor to death: You do not control your pocket cards; you can’t control the flop, turn, or river; you can control only how you play. Lest you be tempted to latch on to this and interpolate a creokes dealer or rigged game…those qualities too are a potential part of the game play. The individual players can ask for a new deck, dealer, or other things to mitigate and expose cheating. But to win should not incur the assumption of cheating or unfairness.

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• Mark Monnin

This part really bothers me:
“While the mean US net income, at \$301,140,1 is one of the world’s highest, the median US net income is far lower and only the 27th highest in the world. It’s a mistake to say that the mean, \$301,140, represents the average American’s net worth—that’s just what the wealth of each American would be if all American wealth were divided evenly.”

Did you mean net worth instead of net income?

• Dean

I noticed that too. That whole section is really talking about net worth. However that very first sentence says “net income”, and the figures pulled from the chart on page 46 of the mentioned citation are actually net wealth figures.

Loved the article!

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• Jesse Lacey

Where would the world be without stick figures? That pizza is a ripoff though, I pay \$10ish for a 16″ pizza with a pretty big side of amazing curly fries, and a bottle of Pepsi to top it all off. Not to mention, the pizza I buy is amazing, no chain could ever hope to get the quality that smaller shops can make. Pizzas got to be one of the few industries where small local stores are better and often cheaper than chains, and the fact that a to go order could easily take 2 hours on a Friday or Saturday night shows just how popular the place has become. For \$19 you should be getting a party size pizza.

• Mahailey Brown

Money in worthless. Never did they say anything about the value of land. Land is priceless.

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