NavaHo07 t1_j9v6gjl wrote
Reply to comment by phiwong in [ELI5] What would be the impact on the economy if the 0.01% gave away their wealth to the masses overnight? by [deleted]
The average American couldn't handle a surprise couple thousand dollar bill. And that's America. 5000 is living like royalty in some places. 20,000 would be a substantial windfall if we're talking about a fairly typical American family of 4 so how would it not be significant if you looked at countries where you could retire on that kind of money?
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