
▲ 511 r/Fire
23,831,000 millionaires in the United States in 2024.
Just reading this - https://finance.yahoo.com/personal-finance/banking/article/how-many-millionaires-in-america-205846046.html and "More than 1,000 people become millionaires in the U.S. each day." To follow up with my other posts here earlier - a lot more people are getting "rich" on papaer - with inflation and investment soon there will be siginificant portion of the population that are really wealthy on paper, and large portion of them could shift to FI/RE. If big percent of the population are relying on paper wealth, will there be enough labor to provide? If not, can we just sit on printed dollar and keep buying from China?
u/Annual-Knowledge4412 — 5 days ago