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Active: 2947 users

Is it possible for all to be rich? - Page 2

Blogs > jjun212
Post a Reply
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Bekele
Profile Joined November 2008
Canada47 Posts
December 23 2008 23:39 GMT
#21
Thats like saying is it possible for everyone to be A rank on ICC
BoOm BOoM
Kentor *
Profile Blog Joined December 2007
United States5784 Posts
December 23 2008 23:40 GMT
#22
On December 24 2008 08:38 KaasZerg wrote:
This is kind of what the Weimar Republic tried to do. Printing lots of money. The only result was extra zero's on pricetags. My great grandfather Stored piles of Deutsch Marks on his attic. My grandfather and his siblings were litterally throwing with money and swimming in it lol.

TOILET PAPER
zOula...
Profile Blog Joined January 2008
United States898 Posts
Last Edited: 2008-12-23 23:41:14
December 23 2008 23:40 GMT
#23
er, nevermind
barth
Profile Joined March 2008
Ireland1272 Posts
December 23 2008 23:41 GMT
#24
On December 24 2008 08:35 jjun212 wrote:
Show nested quote +
On December 24 2008 08:32 naonao wrote:
But if everyone was rich, the everything would be inflated and the money would be worthless, economics wouldn't allow everyone to be rich.


Let's just say somehow, it did work out...

I don't think inflation works like that? I could be wrong, I think I am BUT... they're not making any more money or adding any more paper to the system. Just spreading it out more.

But ok, what if the top 100 richest people only gave money to people who were making less than 25k/year.

Would that be more possible? Sigh whatever, I just get sad when I see the distance from the richest to the poorest.

Like someone else said, $122 USD is a lot for a family in a struggling country.

If everyone in a developing country would get a certain amount of money then it would become pretty useless. Im a bit drunk so im not sure if it makes any sense but w/e
"Somebody you are talking to disappears mid sentence, and the universe shoots you because you talked to someone that wasn`t there." - MasterOfChaos
naonao
Profile Blog Joined November 2008
United States847 Posts
December 23 2008 23:41 GMT
#25
On December 24 2008 08:35 jjun212 wrote:
Show nested quote +
On December 24 2008 08:32 naonao wrote:
But if everyone was rich, the everything would be inflated and the money would be worthless, economics wouldn't allow everyone to be rich.


Let's just say somehow, it did work out...

I don't think inflation works like that? I could be wrong, I think I am BUT... they're not making any more money or adding any more paper to the system. Just spreading it out more.

But ok, what if the top 100 richest people only gave money to people who were making less than 25k/year.

Would that be more possible? Sigh whatever, I just get sad when I see the distance from the richest to the poorest.

Like someone else said, $122 USD is a lot for a family in a struggling country.

But much of economics is based off supply and demand, if everyone were to suddenly get money, they would most likely use that money to buy products, which in turn will allow the producer to charge more for everything and in a sense making the money less valuable.
koreakool
Profile Joined January 2008
United States334 Posts
December 23 2008 23:44 GMT
#26
On December 24 2008 08:38 KaasZerg wrote:
This is kind of what the Weimar Republic tried to do. Printing lots of money. The only result was extra zero's on pricetags. My great grandfather Stored piles of Deutsch Marks on his attic. My grandfather and his siblings were litterally throwing with money and swimming in it lol.


yeah but it's not like he's creating money, the money's already there
it would just distribute wealth to the population, but it wouldn't change anything because EVERYONE would recieve the money

the only net effect would be bill gates being broke
liger13
Profile Blog Joined February 2008
United States1060 Posts
Last Edited: 2008-12-23 23:45:54
December 23 2008 23:44 GMT
#27
lol....
I demand my $5... hahaha
*looks in wallet and spots a 20*
HOly S***!!!!!!
im like rich * 4
I feel like pwning noobs
Mikilatov
Profile Blog Joined May 2008
United States3897 Posts
Last Edited: 2008-12-23 23:47:47
December 23 2008 23:47 GMT
#28
epic math fail. =P

5/5 for making me lol.
♥ I used to lasso the shit out of your tournaments =( ♥ | Much is my hero. | zizi yO~ | Be Nice, TL.
meegrean
Profile Joined May 2008
Thailand7699 Posts
December 23 2008 23:47 GMT
#29
I think everyone in Zimbabwe is a billionaire.
Brood War loyalist
koreakool
Profile Joined January 2008
United States334 Posts
December 23 2008 23:49 GMT
#30
I'd say a better idea would be to just give everyone who actually needed the money rather than just everybody in the world. Because there are millions who would just use the extra $20 or whatever to waste it on something stupid whereas if only the less developed countries received the money then not only would they have more money to spend but they would also spend it on things that actually mattered, like food/clothes/bills.
jyhlol
Profile Blog Joined August 2008
243 Posts
December 23 2008 23:51 GMT
#31
math is a hard subject don't blame urself
hwasin, zero, really fan
dongfeng
Profile Blog Joined May 2008
731 Posts
December 23 2008 23:51 GMT
#32
lolol math fail
Zoler
Profile Blog Joined June 2008
Sweden6339 Posts
December 23 2008 23:51 GMT
#33
On December 24 2008 08:39 Bekele wrote:
Thats like saying is it possible for everyone to be A rank on ICC


It's possible lol
Lim Yo Hwan forever!
KH1031
Profile Blog Joined April 2003
United States862 Posts
December 23 2008 23:55 GMT
#34
If everyone has the same amount of wealth, "richness" ceases to exist.

By ontological argument, it is not possible for all to be rich.
shavingcream66
Profile Blog Joined February 2008
United States1219 Posts
December 24 2008 00:01 GMT
#35
LOL GO TO SCHOOL
Nytefish
Profile Blog Joined December 2007
United Kingdom4282 Posts
Last Edited: 2008-12-24 00:08:33
December 24 2008 00:06 GMT
#36
Well I want to laugh at you but don't want to be an arse, so I guess I'll edit.
No I'm never serious.
renegade_zerg
Profile Blog Joined September 2008
Korea (South)525 Posts
December 24 2008 00:16 GMT
#37
you sir, not only have problems with math, but also econ. At least you've narrowed down some career choices.
Jibba
Profile Blog Joined October 2007
United States22883 Posts
December 24 2008 00:19 GMT
#38
On December 24 2008 08:47 meegrean wrote:
I think everyone in Zimbabwe is a billionaire.

AHAHAHA
ModeratorNow I'm distant, dark in this anthrobeat
Chef
Profile Blog Joined August 2005
10810 Posts
December 24 2008 00:29 GMT
#39
No, not in any meaningful sense. If everyone in the world lived, say, like middle class Canadians, the Earth's resources would be consumed in a day. If only all of China lived like Canadians, the world would see the same fate.

While we can create as much currency as we want, they're only so much out there to buy. You'd just have a lot of people with a lot of money, but nothing to buy with it.
LEGEND!! LEGEND!!
sprawlers
Profile Joined June 2007
Norway439 Posts
December 24 2008 00:51 GMT
#40
I still cant understand how you managed to screw up that calculation so badly.

I mean 40/7 = 1 billion?
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