You're viewing a single thread.
Buy as many banks as possible, then gift every account with $1b dollars. Buy the banks at 500% above any reasonable asking price. Or even unreasonable asking prices. It doesn't matter. Then buy as many companies as possible, same deal.
Then buy all the houses/land possible. Finally, give as much of it away as possible.
And if you do it all fast enough, no one would catch on to how fucked you just made the world economy. Which is the good by to capitalism.
Only problem is that you only have 24 hours and contract based deals usually require one work week before being made official.
Means by the time it's time to pay up, you do not have the money anymore.
Wouldn’t the money go into escrow? If you could preemptively deposit your money, would that count as spending it in this made up scenario?
Contracts usually require meetings and setup. Most people here suggest purchasing companies, land, etc. all of which requires meetings to be arranged before you are even given any contract or sales agreement to sign. Not to mention it can often take longer than a day for whoever you contact, to respond to you in the first place.
That's what I mean.
Throw enough money at a problem and it goes away.
Throw enough money at a problem and someone will take your money and tell you that the problem has gone away.
Giving everyone a billion dollars and crashing the economy isn’t the good bye to capitalism lol. If anything it would just solidify ideals that communism is the devil, because making everyone effectively equal just made everyone poor when you crashed the economy.
In fact by destroying money as a concept by making it completely worthless, you only made land valuable. Literally capital.
That's where the massive land purchases come in. Buy everything of value in the world, then give it away to everyone you can.
Which works right up until the people that own said land either don’t live there (what land are you going to give to a struggling mother in NYC anywhere near her) or literally can’t do anything with it.
You’ve destroyed money as a concept now, so who is gonna produce the food? Farmers ain’t out there working for the fuck of it, they work for money.
And all these random people who now own land ain’t gonna know what to do with it, nor is it immediately going to be producing food.
Best case, the worst thing that happens is that we only have a year or two of starvation and millions of deaths while they revert everything you did. Except with an incident like this it would only result in the ultra wealthy siphoning even more power and resources with the fixes.
Worst case, you literally crash humanity and we have hundreds of millions, if not billions, of deaths as humanity figures out what is essentially an extinction level event.
Well, climate change would be solved at least, so there's that