Saturday, August 22, 2009

Have more than $9000 to your name?

from this week's Ask Marilyn:

If all the money in the world were redistributed so that everyone would have the same amount, what would it be?
The global money supply is about $60 trillion. (Economists call this figure the M3 value; it includes much more than currency.) Say that we take it all - which means that you and Bill Gates would have nothing in the bank - and then distribute it equally among every individual in the worls, about 6.8 billion people. Each man, woman and child would receive about $9000. So, if your househols now has less than $9000 per person, you would gain. If you have more, you would lose.

If you'd lose money after redistribution contact me asap about this bridge I'm selling ;)