If the top 10% of Americans own 80% of the wealth, does that mean 1 in 10 people I see on the street have significantly more money than me?
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If you took every single American, put them in a big mixer bin, and then used a crane to fish out 10 of them at random, you would *expect* to find one of them to have a significant amount of money compared to the others. You may or may not actually get that result due to luck of the draw, but if you repeated this over and over, you’d average that amount.
Just walking down any street, though, it depends a lot on who actually visits that street. If it’s a back alley in a small town in the Midwest, you probably won’t meet any people who make a lot. But if it’s Wall Street in New York City, probably *everyone* there makes quite a bit.
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