why is it impossible for everyone to be a millionare

[strangebrew]

in today's economy, why is this?

 

[manny78]

Not impossible. Why are you pretending that ?

 

[AAP]

Not impossible. Why are you pretending that ?

ditto

 

[Bullit]

If everyone were a millionaire inflation would skyrocket due to a massive increase in demand and, in relative terms, you would be just as 'poor' as you are today vis a vis your purchasing power.

 

[casavant]

If everyone were a millionaire, inflation would be a bitch. If everyone had a million dollars, than millionaires wouldn't be wealthy. The nice house, cars, real estate, etc. would still go to those with the most money in relation to everyone else.

 

[Bullit]

If everyone were a millionaire, inflation would be a bitch. If everyone had a million dollars, than millionaires wouldn't be wealthy. The nice house, cars, real estate, etc. would still go to those with the most money in relation to everyone else.

LOL.
Basically the same post @ the same time.

 

[strangebrew]

this is actually a question on my midterm in economics... i was hoping you bastards be able to come up with longer responses. I need two pages

 

[Necrophagia]

Fuck millionares.

 

[manny78]

Best example would be Mexico before 1995 when things would cost 10 000 pesos (then had to switch to a "new" peso after), Argentina lately, Iraq, Germany right after WWII..... These are examples of everyone being a "millionaire" but in fact they were eating their own poop since they couldn't afford a miserable bread...

 

[strangebrew]

is there an article on that manny?