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What if everyone in the world became rich and wealthy.
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[QUOTE="Shaf, post: 230936, member: 25467"] Theoretically, it may be possible but in reality, money will always circulate back to the hands of a select few. Even in times of severe inflation or recession, some people have it better than others because they have the money. It also seems to be a nice idea, but knowing what happens when everyone has a lot of money like you mentioned, governments and financial institutions have made things to be such that the impact will be mitigated mad things will balance out soon, or the consequences on the country's economy would be bad. For example during the Covid 19 pandemic when inflation rose, people had more money given to them, but in return, the prices of goods and services equally skyrocketed. Also having money on the hands of few people makes it more appealing for others to work harder to get part of it, which won't happen if everyone had equal opportunities. [/QUOTE]
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What if everyone in the world became rich and wealthy.
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