IF EVERY PERSON ON EARTH WHERE BECOME RICH, IT WILL HAVE VERY UNSTABLE ECONOMY

[AxyL]

DIRECT ANSWERS NOW!!!!!!!!!

[Ulfrinn]

Rich is relative, if everyone had the same amount of money then nobody would be rich, so it's impossible for everyone to be rich. And even the lowest classes today enjoy luxuries the highest classes would have paid dearly for just a few decades ago.

[Angel]

Give it time and the wealth will redistribute itself back to how it is now.
Many people do not have good financial management skills and would lose their wealth.

Even if some have money, they would still have the mentality of a poorer person.

[Triple G]

Originally posted by Ulfrinn:

Rich is relative, if everyone had the same amount of money then nobody would be rich, so it's impossible for everyone to be rich. And even the lowest classes today enjoy luxuries the highest classes would have paid dearly for just a few decades ago.

It´s not really relative. One can only be rich if one has much more than others. Same as You can only be poor if You have way less than others.

"Nobody would be rich" is correct, but the explanation and conclusion for it is wrong. If everybody would become rich - the terms "rich", "wealthy", "middle class", and "poor" and whatnot were obsolete.

While i´m unsure how it should lead to an unstable economy. Money distribution doesn´t matter for an economy to be stable. It´s rather more unstable if only 10% own 90% of everything, as then it´s about decisions of less people, who probably have an advantage over the other 90%, instead of everybody having an equal impact on it.

Originally posted by Angel:

Give it time and the wealth will redistribute itself back to how it is now.

I´m unsure, because much of the money distribution dates back to times, when people just claimed something for themselves, or said "Here - i invented the papers that this belongs to me now. Go away."

Of course it will still be re-distributed as always, if one doesn´t add in certain mechanisms, which can prevent that it gets too extreme - but it wouldn´t be the same starting conditions.

[アキウアラ]

Originally posted by AxyL:

DIRECT ANSWERS NOW!!!!!!!!!

Ofc. It will become unstable, would collapse, if everyone is rich nobody would put some hardwork on making new building or harvesting crops, other hard labor jobs.

[Moogal™]

Of course.

[Mega Ultra Chicken]

If it happened in America, all the businesses would raise their prices because they can.

[Triple G]

Originally posted by The Forbidden One:

If it happened in America, all the businesses would raise their prices because they can.

But all the wealth is because of business ownership. So the only way that everybody would be rich, would be that all the people own all businesses. Or alternatively, that nobody owns anything, because to have "everybody to be rich" it´s enough that everybody has nothing.

[Mega Ultra Chicken]

Originally posted by Triple G:

Originally posted by The Forbidden One:

If it happened in America, all the businesses would raise their prices because they can.

But all the wealth is because of business ownership. So the only way that everybody would be rich, would be that all the people own all businesses. Or alternatively, that nobody owns anything, because to have "everybody to be rich" it´s enough that everybody has nothing.

It would be a competition between all the business owners of raising and lowering prices.

[DoomsDay]

everyone is king and no one left to pawn,
unstable economy, when people no longer pursuit some fancy life style, no longer struggling to get houses and such.

the same rich, is stupid when I can spend someone else's rich and sanity. without me spending it for them , they dont know what their rich and sanity is for. the same way they dont know what word is for?


this is so sketchy.

[always superspecial]

we all have to do all the jobs in order to all have everything, that means sacrificing your abilities and time so others can enjoy the wealth status for times and be equality

[Ulfrinn]

Originally posted by Triple G:

Originally posted by Ulfrinn:

Rich is relative, if everyone had the same amount of money then nobody would be rich, so it's impossible for everyone to be rich. And even the lowest classes today enjoy luxuries the highest classes would have paid dearly for just a few decades ago.

It´s not really relative. One can only be rich if one has much more than others. Same as You can only be poor if You have way less than others.

"Nobody would be rich" is correct, but the explanation and conclusion for it is wrong. If everybody would become rich - the terms "rich", "wealthy", "middle class", and "poor" and whatnot were obsolete.

While i´m unsure how it should lead to an unstable economy. Money distribution doesn´t matter for an economy to be stable. It´s rather more unstable if only 10% own 90% of everything, as then it´s about decisions of less people, who probably have an advantage over the other 90%, instead of everybody having an equal impact on it.

Originally posted by Angel:

Give it time and the wealth will redistribute itself back to how it is now.

I´m unsure, because much of the money distribution dates back to times, when people just claimed something for themselves, or said "Here - i invented the papers that this belongs to me now. Go away."

Of course it will still be re-distributed as always, if one doesn´t add in certain mechanisms, which can prevent that it gets too extreme - but it wouldn´t be the same starting conditions.

Did you not read anything I said? You quoted me, said I was wrong, then went on to say exactly what I just said. JFC

[Psycho]

well there are certain places on earth like dubai, or the richest state in the united states (maryland i think) where basically everyone living there is rich, and it works out okay

[Rumpelcrutchskin]

Only way this would happen is with cornucopia technology like in Star Trek when money is meaningless since you can replicate everything and when you don`t need to fear that someone is gone take all your stuff making hoarding and amassing fortunes pointless.

[Triple G]

Originally posted by Ulfrinn:

Did you not read anything I said? You quoted me, said I was wrong, then went on to say exactly what I just said. JFC

Yes - actually i only quoted You because i didn´t do it for longer. Initially i had written it without the quote, but thought i add it in. Still You didn´t point out the consequences pretty well - and said that´s it´s impossible for everyone to become rich. To which i said that the term would become obsolete, which is more precise.

[the vampire of time and memory]

Originally posted by I heard you are married:

Money is not real.

dude... that's like... deep...