Re:How to Steal a Billion
by sharkmerry on Wednesday November 06, 2019 @12:41PM
(#21464890)
Which is almost the poverty level of the US or >14x the global poverty level.
Re:How to Steal a Billion
by gremlinsinc on Wednesday November 06, 2019 @02:56PM
(#21466472)
Except 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.
Global money: $90,400,000,000,000
Global population: 7,742,131,000
Money per person: ~$11,650