Bluesky

each person would have that exactly once... over time the concentration would happen again

So if that's the median, you need about half a million to be considered "Middle class" now?

Looks at housing prices... Yeah, sounds about right.

Except the wealth you're talking about is ownership, not actual money. Redistributing it won't give everybody a pile of Scrooge McDuck coins, it will give them stocks and other asset ownership worth half a million. To spend any of that, they would have to sell shares to somebody for cash and spend the cash, which they can only do once. After a flurry of liquidating and spending, you'd end up with a lot of people who have more stuff but are otherwise back where they were, and other people who spend less and gradually accumulate a ton of shares to become rich.

$400 million would allow me to build a tiny house completely off grid with all the equipment I'd need to grow vegetables in a remote location for the rest of my life... The other $398 would go to helping anyone and everyone.

Misread the amount but leaving up as a reminder of my idiocy.

Wealth is good and all, but the companies involved also lead to products being more expensive, that wealth would go a lot farther with either regulations on land ownership or total reform of land ownership, free universities, universal healthcare, zoning reform and work reform