First, $100k to every US citizen would cost $38 trillion, meaning a doubling the current national debt. That would also instantly insert $38 trillion into the economy. The current world wide money supply is around $150 Trillion. Adding an instant $38 trillion to that would cause an increase in the demand side of our economy, coupled with the loss of production from the idiots who quit their jobs lowering the supply side would cause inflation rates of 30-50%, collapsing the economy.
Keep in mind that the COVID stimulus and PPE loans combined were only $4.6 trillion spread over 2 years. Now take that inflation, multiply it by a factor of 15 or 20, and see what the result is.
within 18 months, it would be cheaper to wipe your ass with $100 bills than it would to buy toilet paper. The only good news is that the national debt could finally be paid off, because paying off that now $80 trillion in US debt would only require two goats, a tank of gas, and a blowjob from a toothless hooker in Georgetown.
The coolest part of all this is the opportunity to add a nearly worthless billion dollar bill to my collection of dead currency.
But let’s carry this idiotic thought through to the end.
Now every house has $100,000 in fresh money. First, every luxury item would be bought the next day, reducing the supply of gold teeth, double wide trailers, and Escalades to nothing. Now you can’t buy any at any price.
An hour later, people are hungry, but since the morons who thought they were now rich all just quit their jobs, there is no food to be had anywhere because every store and restaurant is closed for lack of employees.
To get someone to make a sandwich is going to require him to get off his ass. So now a hamburger costs $10,000.
In fact, everything is more expensive. I know people are generally too stupid to get this, but when everyone is a millionaire, being a millionaire means nothing. That’s why the COVID stimulus coupled with the COVID shutdown caused this inflation everyone is crying about.
- Businesses closed for two years, restricting supply
- Landlords being forced to allow tenants to stay without paying, meaning costs need to be recouped
- Everyone getting large stimulus checks and PEP loans, increasing demand
I honestly believe most leftists have no knowledge of economics, and the rest of them know, but are using it to keep the retards on the farm.
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