» Site Navigation
0 members and 2,021 guests
No Members online
Most users ever online was 47,180, 07-16-2025 at 05:30 PM.
» Today's Birthdays
» Stats
Members: 76,067
Threads: 249,217
Posts: 2,572,782
Top Poster: JLC (31,651)
|
-
BPnet Veteran
Re: Riddle me this you financially gifted types
 Originally Posted by wilomn
If there are a million millions in a billion then my math was correct, it's 2.3 million per person.
If you had that money I suspect two things would happen. First, you'd pay off ALL your debts. Then you'd spend.
So what if you quit your job, you're not going to stop spending. Even people with more money than they'll ever need work, they just do what they want instead of what they have to in order to make ends meet.
People would have to learn how to live debt free, how not to be sweating all those payments. Hell, do away with credit entirely. If you can't afford it, don't get it. If everyone had a base, a pad, something to fall back on, would credit even be needed?
Screw the banks. They've screwed us long enough.
Did you know that Bank of America will now give undocumented aliens not only bank accounts but credit cards? In search of Profit they endanger all of us.
Anyway, I was just wondering.
first of all, no it's only $2,333.33 (get out a calculator)
second of all, say it is 23 million....if everyone had $23m, and everyone quit their job, then no, they would not keep buying stuff...because there would be nothing to buy! How are you going to buy a new car or a new house when the people who make that car and house have quit their job?
Then we have an issue of inflation. That new car that cost $20,000 would cost close to a million, then if everyone quit their job and production stopped, supply would go way down as demand increases, meaning that Ford Escort could cost upwards of that $23 million you just got from the government.
-
The Following User Says Thank You to Smith285 For This Useful Post:
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|