Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Was thinking along those lines. Start transferring money from all accounts to all accounts. Stop when everyone has the same amount of money. Should be fun for a while.


How much would everyone have if that happened?

My guess is somewhere around $50k.


Depends on if you mean M0, M1, M2, or M3.

If you mean M0, then assuming 300,000,000 people in the US it's $2,500 per person. If you mean M2 it's $25,000. And M3 is is a secret, but in 2006 it was about 35% larger than M2.

Defining money is a lot more complicated than you think, since the majority of the money in the world is in the form of debt, and it's not actually possible to share it around.


good point. I was doing a simple "how many 'dollars' are in 'circulation' / population". of course, most money isn't money, it is, like you said, digitized debt.


Maybe, but would it retain its real worth?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: