What would happen to this country if....
 

I am not wanting this to get political...

Our Government spends 500 million here say for planned parenthood, Going to give Iran 150 billion etc. etc.

What would happen to this country (of 300 million or so people) if the Government decided to give every last man woman and child 1 million dollars.

What do you think would happen to the country? Would money then become worthless?

I have to say this is the most interesting question I have read in a long time.

First thing is everyone would want their taxes to be lower.

.

Big screen tv sales skyrocket in urban areas. Smart people see this coming and invest in Samsung, LG, and the like. Dumb people with big TVs still cant pay for medical or food or college because they bought TVs and cars. They then bitch about the minimum wage and the concentration of wealth. The cycle of dumbassery continues.

I miss him bad even after 4 months :(

Though keep in mind, $300MM x 1MM is an absurd amount of $.

Yea but what about the economy... What would happen, I assume few would work so who would make the products domestically... Would we all starve because farmers decide to no longer produce food...

how much is that anyway? I never was real good at math

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Nah, it would just inflate and then level out.

$87.34

3 quintillion. Unfathomable...

Probably a shortage of certain big ticket items as people who don't give a **** about financial security and the money savvy alike go out and buy them up because 'why not?'

Lots and lots of white knighting on SM of people who chose to give a big portion if not all of their $1M to increasingly obscure charities.

Could see a lot of business ventures started as people partner up.. Have to believe a big ol' real estate bubble forms for residential and commercial properties alike as people buy up some shit.

I'd guess an increase in air travel demand as people decide to use their new found fortune to see the world -have to believe that causes a little bit of a surge in fare prices, right? BRB going long on airline stocks.

By the end of the week, there would be poor people once again.

http://i.imgur.com/O2dyvFI.gif

I would invest in one of these for the strip clubs

Interesting question. My theory is as follows.

As soon as checks are issued, a number of people will retire, and they'll be the people who really can't afford to retire. They'll spend a bunch of money, inflation will increase, and they'll end up poor.

Prices will rise quickly due to labor shortages in low-wage jobs and the decreased value of the dollar.

The inflation will dilute the value of people's retirement accounts, so upper middle class people will either see no change to their station in life or will have a more difficult time retiring. Middle class people will see a bump in their savings toward retirement, and will likely make a splurge purchase or two. Inflation will dilute the cost of a mortgage, so 25% of the population will pay down or pay off a mortgage, producing a lot of cash in banks.

The banks will make money available at a very low rate since they're swimming in money. Low-income people will want to buy homes en masse, which will create construction jobs at inflated wages, but mostly will drive a big housing price increase. This increase will freeze out low-income people from buying a home while increasing the nominal value for current homeowners.

Lots of people will buy gadgets at inflated prices, with much of the profit going to China.

Rich people will have inside information that it's coming, so they'll convert their cash to tangible goods and will ride inflation up to make a killing.

Someone would have $2mil 30 seconds into the first day and someone else would be broke with a hando out after the first coin flip of the first minute.

Once Obama Hood took his cut, there'd be little.

http://images.sodahead.com/polls/002...od2_xlarge.png

300 trillion

Parking at Arrowhead: $20,000

Lots of American men would be doing two (immigrant) chicks at the same time.

Everybody gets a million on top of what they already have or everybody has $1 mill, no more, no less?

Inflation would skyrocket, and the sliding scale of rich/poor would over-compensate to the point that the poor would become really poor quickly.

That's a lot of Flowbees for the Faider Nation

I'd be happy to just have my mortgage balance paid for. Give the rest to people that need it more than me.

tree fiddy

Children, too? Good God black pregnancy would go even more through the roof.

Hell with a million dollars I could pay off most of my debt and only be under about 286,000.

Where would we get the $3 quintillion to give people? China? Taxpayers?

Inflation would happen it wouldn't work.

Then the govt would tax it at 45%.

Ha yeah. GOTCHA bitches!

300 trillion dollars...welp, you could always just print that up I guess...

I don't know but what if the money was put back into Social Security, put into education and then maybe healthcare?

Christ really?

No. None of that would happen. Inflation would happen. And some serious economic chaos.

Also unfathomable.

Hyperinflation would result, and presumably bankruptcy for the US government. The entire federal budget for this year is $3.4 trillion, and even that is running in the red. Next year let's do $303.4 trillion!

I see you've already invested in dog whistles.

:LOL: I knew someone would catch that. Troll mode discovered.

Maybe I should have said "Big screen tv sales skyrocket among Canadians" or "Big screen tv sales skyrocket among naturally athletic individuals" or "Big screen tv sales skyrocket among citizens with a hard time learning mathematics".

Take that "joke" to Coontown..... I'm sure it will kill there.

Sir yes sir!

http://www.featurepics.com/FI/Thumb3...ght-601211.jpg

That much money doesn't exist, that's the point. And even if it did, what makes you think that just throwing money at anything solves the problems?

If it did really exist I'd rather waste it throwing it our problems then someone else's.

What is it we get out of this deal anyway and why would we want to do any business with Iran? I don't believe any of this will improve American lives one iota.

You just print it. That's the easy part.