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From my calculations of a total redistribution of money, which will be more than just redistributing funds from the wealthy, you'd have this: Global money: $90
by hanniabu 7y ago
From my calculations of a total redistribution of money, which will be more than just redistributing funds from the wealthy, you'd have this:
Global money: $90,400,000,000,000
Global population: 7,742,131,000
Money per person: ~$11,650
- sharkmerry 7y agoWhich is almost the poverty level of the US or >14x the global poverty level.
- gremlinsinc 7y agoExcept some countries 10k is like 100k in U.S.A if you calculated for local costs of living and adjusted you could get away w/ giving 2-3 billion $1k, and then higher amounts to those in the U.S.A. -- you could skip China because they're already a socialist country and should have all their needs met, and skip bad actors like N. Korea, Iran, etc... Might be able to get it up to something like 150k-200k per person in developed world. But money gets spent it all will end up back in the top 1%'s hands. They have funnels in place to ensure that money funnels up into their hands. Which is why GBI makes more sense, by giving money gradually/recurring it keeps cycling. The poorer families getting GBI would spend 100% locally essentially keeping the money in the local economy.
- JohnFen 7y ago> Except some countries 10k is like 100k in U.S.A In some parts of the US, 100k would make you crazy wealthy. In other parts of the US, it wouldn't even make you middle class.