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by tenarchits 966 days ago
This is just mean ($1.1m) vs median ($0.2m) confusion. The underlying data are here: https://www.federalreserve.gov/econres/scf/dataviz/scf/chart....
2 comments

I think it's profoundly misleading to call the mean the "standard" when it deviates so much from the median, but I guess they don't.
two hundred thousandaire doesn't roll off the tongue as well
The article title is misleading then.