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What if everyone in the world became rich and wealthy.
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[QUOTE="TOZZIBLINKZ, post: 230929, member: 37528"] [I]Being rich and wealthy is considered as the most important and most wanted thing in the world today , in fact research and studies has it that , in every 200 people in a particular group 60 % of it have in their mind the determination to become rich and wealthy someday . Although being rich is considered as important and most wanting today , but have you ever for once imagine how things will turn out if everyone in the world became rich and wealthy , will there be any positive or negative repercussions . first and foremost one thing that is more likely to happen is that no one will want to work for money since the money is there for them to spend , to consume , and to acquire any assets and properties of their choice . Another thing that is more likely to happen , is that the economy or country you will be faced with deflation , in the sense that there is too many cash in circulation chasing too few goods . One characteristics and feature of money is scarcity , money need to be scarce so as to help and aid people to develop the ability of being hard-working , industrious , and creative , so as to able to make money . [/I] [/QUOTE]
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What if everyone in the world became rich and wealthy.
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