Any economy experts out there:

[DUlover2909]

If all the real wealth of the US were to be split up evenly among all citizens, how much money would each person get?

I don't know the answer. Has anyone tried to figure out what the toal value of all the private assets in the US is?

[IndianaJones]

1. $128. nt.

[cliffordu]

2. heh.

:rofl:

[Quantess]

8. Total assets - total debts = $128

you may be correct.

[DUlover2909]

11. Some simple math:

From another post using the M3 numbers of $7,800,000,000,000 divided by 305,067,178 people, each person gets $25,568.14

The national debt http://www.brillig.com/debt_clock/ places each person's debt at $34,872.34

$34,872.34 - $25,568.14 = $9304.20 owed per person.

Man, that's ugly.

[Quantess]

12. I already owe $30,000 in student loans!

Now I wake up to another $9,304.
Thanks, Republicans!

[Winnipegosis]

3. Tough to say

Much of the nation's wealth is speculative: stock markets, assets that can go up or down, real estate...

You get what you work for, is about the best system you can have.

[TreasonousBastard]

4. No real way to tell...

unless you first define "wealth."

Every home, every bank account, every stock and bond, every rental or commercial building and the lots they're on, mineral rights, fishing licenses, NYC taxi medallions, the market value of GM vs. it's breakup value...

Too many ways to count value, and the values are changing constantly.

[DUlover2909]

6. What if Imeant wealth was strictly cash on hand?

Like how much money has been printed and is assumed to be in circulation, or better yet all the money that is available to grab and take control of?

[TreasonousBastard]

9. OK, that's easy...

almost. You can still get bogged down with details, but it's still easier.

Here's a guy who answered this exact question a few years ago:

http://economics.about.com/cs/money/a/money_supply.htm

Right now, there's about 7.8 trillion in M2 so divide that by the US population of 305 million.

(Not that much, is it?)

There's a lot more money out there in M3, which is essentially dollars sitting outside the country, but those figures aren't published any more. But, there's not enough to change the per person amount by much.

[DUlover2909]

10. Thanks, that was a good link.

:hi:

[Mind_your_head]

5. Interesting question, with lots of different elements......

no definitive answer is possible, of course, because as the old adage goes, "something is only worth as much as someone is willing to pay for it."

Hence, all of any countries assets are only worth what someone else is willing (AND ABLE) to pay for.....and if you're working within a fractional reserve system ...... it all gets too :crazy: to think about ~ NOTHING is straightforward anymore.

To answer your question: No 'concrete' answer is possible, imho, But thank you for that question, which gave me a little more mental exercise in my meager day.

[TexasObserver]

7. Are you going to give each person their pro rata debt, too?