US net worth increases by $2.4T to $145T in Q3

[F-22Raptor]

Household Net Worth
The net worth of households and nonprofit organizations increased by $2.4 trillion to $144.7 trillion in the third quarter. The value of real estate held by households increased by about $1.4 trillion largely because of gains in home prices. The value of directly and indirectly held corporate equities decreased by $0.3 trillion, in line with the decline in stock prices. After more than a year of solid growth, household net worth is now $27.8 trillion above its level at the end of 2019.


Real estate ($36.8 trillion) and directly and indirectly held corporate equities ($46.7 trillion) were among the largest components of household net worth. Household debt (seasonally adjusted) was $17.6 trillion.

https://www.federalreserve.gov/releases/z1/20211209/html/recent_developments.htm

 

[nang2]

It is a tremendous waste. I'd rather see a large net worth in productive capital.

 

[vi-va]

When USD interest rate increase 1%, US net worth will decrease 10%. It's all bubble. It's fools' game.

Federal Funds Effective Rate（Updated: Dec 1, 2021） 0.08%

Federal Funds Effective Rate

View data of the Effective Federal Funds Rate, or the interest rate depository institutions charge each other for overnight loans of funds.

fred.stlouisfed.org

 

[American Pakistani]

Real estate is due to big real estate corporations gulping up small multi family homes when American govt occupied the multi family homes and ordered free housing at the expense of small landlords. To summarize in simple words, the corporate got richer while small landlords got crushed and lost their properties.

 

[casual]

increase is only 1.65% and at the same time inflation on USD is 5.3%

so the value of US net worth went down 3.7%

Inflation has risen around the world, but the U.S. has seen one of the biggest increases

Third-quarter 2021 inflation was higher in nearly all (39) of the 46 nations analyzed than in the pre-pandemic third quarter of 2019.

www.pewresearch.org

 

[SuperStar20]

increase is only 1.65% and at the same time inflation on USD is 5.3%

so the value of US net worth went down 3.7%

Inflation has risen around the world, but the U.S. has seen one of the biggest increases

Third-quarter 2021 inflation was higher in nearly all (39) of the 46 nations analyzed than in the pre-pandemic third quarter of 2019.

www.pewresearch.org

Inflation is annual percentage, growth is qtrly. Now do the math using your so called high IQ. BTW did you miss drinking your soup?

 

[Beast]

Inflation is annual percentage, growth is qtrly. Now do the math using your so called high IQ. BTW did you miss drinking your soup?

Open defecation practice must have ruin your head for mathematics.

 

[casual]

Inflation is annual percentage, growth is qtrly. Now do the math using your so called high IQ. BTW did you miss drinking your soup?

hahaha what an idiot

the inflation number I used is for Q3 2021

 

[beijingwalker]

US has been printing money like no tomorrow now, the inflation will only get worse.

 

[Globenim]

Household Net Worth
The net worth of households and nonprofit organizations increased

Wait how do nonprofit organisations fit into this?

Do they actually count the CIAs financial arm NED (National Endowment for Democracy) who spends billions and increasingly more on funding U.S. terrorism into this? Despite being created, funded, run and exclusively working for the U.S. regime the NED is declared a private nonprofit organization per U.S. cangaroo law. The U.S.A. is a giant cesspool of so called nonprofit organizations created and funded by the U.S. regime to do the U.S. regimes dirty work.

 

[SuperStar20]

hahaha what an idiot

the inflation number I used is for Q3 2021

Inflation is calculated yearly.

 

[Beidou2020]

Inflation is calculated yearly.

You’re not very smart, are ya?

 

[SuperStar20]

You’re not very smart, are ya?

Inflation 6%, what does it means?