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-   -   Money What would happen to this country if.... (https://www.chiefsplanet.com/BB/showthread.php?t=293603)

Lonewolf Ed 07-27-2015 08:01 PM

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

Perineum Ripper 07-27-2015 08:03 PM

Quote:

Originally Posted by Mr. Flopnuts (Post 11622615)
3 quintillion. Unfathomable...

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

I would invest in one of these for the strip clubs

ThaVirus 07-27-2015 08:03 PM

Quote:

Originally Posted by Lonewolf Ed (Post 11622621)
By the end of the week, there would be poor people once again.

http://33.media.tumblr.com/40dae8aa3...lfcao1_500.gif

Rain Man 07-27-2015 08:18 PM

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.

Iowanian 07-27-2015 08:21 PM

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.

GloryDayz 07-27-2015 08:27 PM

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

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

Hydrae 07-27-2015 08:29 PM

Quote:

Originally Posted by Mr. Flopnuts (Post 11622615)
3 quintillion. Unfathomable...

300 trillion

cosmo20002 07-27-2015 08:55 PM

Parking at Arrowhead: $20,000

Pablo 07-27-2015 09:02 PM

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

J Diddy 07-27-2015 09:03 PM

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

notorious 07-27-2015 09:16 PM

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

Pasta Little Brioni 07-28-2015 12:13 AM

That's a lot of Flowbees for the Faider Nation

007 07-28-2015 12:21 AM

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

FlaChief58 07-28-2015 04:36 AM

Quote:

Originally Posted by R8RFAN (Post 11622606)
how much is that anyway? I never was real good at math

tree fiddy

Hootie 07-28-2015 05:26 AM

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


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