/h/comicsandmanga
GoldMemer
he/him
https://www.youtube.com/watch?v=_5DZexDYyuU
2mo ago
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930 thread views
#328957
earned 308 coins from votes
epic new toss
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Jeff bozos has 330 billion dollars. If he donated that to every American we'd all be millionaires
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But just as poor as you are now, since if everyone has a million dollars, a million dollars becomes worth much less.
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I mean that's not really how economy works...
If you print 1mil dollars for everyone, the value of the money goes down, but if Bezos were to donate all his money, the spending power will go up.
Realistically, people will spend and consoom, and the money will go back to Bezos, but that's besides the point...
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Inflation is based on circulating money supply not the money supply overall. If Bezos somehow gave everyone 1 mill of money that he somehow always had there absolutely would be inflation. When rich r-slurred dudes have tons of pure cash in the bank they are effectively lowering inflation.
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Purchasing power goes up only until prices rise to meet the purchasing power of the average consumer, I mean property value is one thing straight away that's going to shoot up if people have more to spend, and there's endless precedent to back that up. And even if prices somehow don't inflate and everybody's independently wealthy all of a sudden, you've got a whole bunch of other problems about to hit the economy when 90% of the workforce doesn't want to be productive anymore and just wants to spend.
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This KILLS the communist
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You'd be kiloaires!
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fr, he cpuld only give a little more than $1,100 to every american. Libs are defunding math education bc it makes them feel bad
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Jeff Bezos is sleeping on piles of money like a dragon instead of giving it to me.
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Says the jew.
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Is that 330 billion on-hand or would he need to liquidate Amazon?
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