Everybody will get automatically $1000/year. For some that amount might be small but for others it might be life changing. Now everybody expects to get those 1000 bucks every year so everybody works less expecting to get that amount of money. Everybody works less and value of stuff goes up because it is harder to find workers.
Remember what happened with all the mcdonalds when the government gave everybody free $1500?
Also, as Kapow and I am pro life
PunknSeed@exploding-heads.com 1 year ago
Do you even math? $1,000 for every person on earth is about $8,000,000,000,000 (that’s 8 Trillion). That’s 57x Bezos’ net worth. But about half of Jeff’s net worth is tied up in Amazon stocks that can only be sold in small amounts, so that money is largely untouchable. Even assuming the other half of his net worth is liquid, you’d need to completely pillage 114 Jeff Bezos to give everyone on earth $1,000.
masterofballs@exploding-heads.com 1 year ago
I just accepted someone else’s math above I didn’t do it.