this post was submitted on 19 May 2025
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[–] randomaside@lemmy.dbzer0.com 30 points 3 weeks ago (9 children)

Hmmm . . . as a lump sum the market would then react and everything would cost 1 million dollars. Money isn't real. Food, Land, and property are.

I think money's value is directly tied to its velocity of trade vs the scarcity of the item it's being traded for.

However

IMO: What you are owed is 500,000$ worth of government services per person. The costs of things like public education, infrastructure, healthcare , social security and other social services should be covered by this.

This is what they want to take from you.

[–] Tja@programming.dev 7 points 3 weeks ago (3 children)

No one said it would be 500k in money/cash. It could very well be real estate, gold, shares, bonds, or a mix thereof.

[–] randomaside@lemmy.dbzer0.com 2 points 3 weeks ago (2 children)

I assumed it was cash by "each couple would have a million dollars".

[–] ExtantHuman@lemm.ee 8 points 3 weeks ago

... Of networth. Given that we're taking about the wealth of the US, most of which is NOT cash, assuming the post-redistribution would be all in cash is ridiculous.

[–] ameancow@lemmy.world 1 points 3 weeks ago

You would need some kind of Thanos "money gem" to make that happen. Most of this "wealth" is tied up in a vast network of investments and in other countries and in defense budgets and so on.

The point is to tell you that you're owed more for your labor than barely making it each day. If we all worked together and pooled and distributed our efforts, we would have that American Dream of being able to afford a house on a single job before you turn 80.

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