Central Banks: The Standard American Household is a Millionaire

October 26, 2023

by Mac Slavo SHTF Plan

Because of inflation and some central bank tricks, the standard American household has now reached millionaire status. According to the Federal Reserve’s consumer finance survey, money is ridiculously tight amid the cost of living crisis, but the average American household has achieved millionaire status.

We live in a crazy world where the average person is struggling to put food on the table but is a “millionaire” by the central banks’ definition. The mean net worth of an American household, adjusted for inflation, was $1.06 million in 2022, according to the Federal Reserve’s consumer finance survey. In comparison, in 2019 the mean net worth of an average household was $868,000, marking a 23% jump, according to a report by Yahoo Finance.