Universal allowance
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I'm gonna be 17 soon. So, hypothetically, if this were established before my birthday, how much would I get when I turn 17? I can't figure out exactly how much I would be getting, based on your two examples. Am I tacking two zeroes onto the end of my age, like you did to determine that a 1-year-old would get $100 (in which case I would get $1,700) or would I multiply it by a thousand, like you did to give a 100-year-old $100,000 (so that I would be getting $17,000)? Or is the amount that I am multiplying my age by, to figure out how much money I'm getting, changing every year? Sorry, two data points make it kind of hard to be sure of the pattern.
Either way, cool! I get a bunch of money (I don't quite have a job yet, so this would be kinda exciting). I can get all sorts of stuff! A new laptop (I've been meaning to get one for a while), maybe a car? Plus whatever I want throughout the year. I'd save plenty for when I'm older, of course. Maybe for a house, in a few years?
Wait, this money is given annually? I mean, I can't complain too much, especially if it's the $17,000 that I'm getting. That's definitely more money than I've ever had at once. But what about adults living on their own? Even if a 25-year-old is making $25,000 per year and not the $2,500 that could also be assumed from your examples, that doesn't seem like nearly enough to pay for all of a person's bills. If they were to budget out their $25,000 for the year, they would have around $2000 a month. Depending on where you live (and assuming I'm working with USD), this may or may not even be enough to rent an appartment, much less buy food for the year or take college classes.
Also, if everybody is getting this money every year, I can't help but think that there would be at least a little bit of inflation. How would that work?
Sorry if I don't completely understand what you're getting at, or about the world or prices of things. I haven't exactly had any experience with having to buy food or rent an apartment or anything like that, since I'm not quite 17 yet.
Either way, cool! I get a bunch of money (I don't quite have a job yet, so this would be kinda exciting). I can get all sorts of stuff! A new laptop (I've been meaning to get one for a while), maybe a car? Plus whatever I want throughout the year. I'd save plenty for when I'm older, of course. Maybe for a house, in a few years?
Wait, this money is given annually? I mean, I can't complain too much, especially if it's the $17,000 that I'm getting. That's definitely more money than I've ever had at once. But what about adults living on their own? Even if a 25-year-old is making $25,000 per year and not the $2,500 that could also be assumed from your examples, that doesn't seem like nearly enough to pay for all of a person's bills. If they were to budget out their $25,000 for the year, they would have around $2000 a month. Depending on where you live (and assuming I'm working with USD), this may or may not even be enough to rent an appartment, much less buy food for the year or take college classes.
Also, if everybody is getting this money every year, I can't help but think that there would be at least a little bit of inflation. How would that work?
Sorry if I don't completely understand what you're getting at, or about the world or prices of things. I haven't exactly had any experience with having to buy food or rent an apartment or anything like that, since I'm not quite 17 yet.
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good question
well my thought experiment was only this, and yes I did typo so a 100 year old would receive $10,000 on their birthday. Every year it would go up for your birthday. And yes any extra thing needed the person would need to work for and they STILL would receive pay for the work they do!
the other thought was that, maybe in the future there would not be any bills as such. electricity, water and heating would be free. But there might be allocations or a cap on how much a person could use so that people dont over use it or waste it. But I havent thought that far yet. I am certain reneweable energy will be invented and stored (solar, wind, hydro, magnetic) so that we dont really need to worry about that. the clever engineers will have invented something surely.
well my thought experiment was only this, and yes I did typo so a 100 year old would receive $10,000 on their birthday. Every year it would go up for your birthday. And yes any extra thing needed the person would need to work for and they STILL would receive pay for the work they do!
the other thought was that, maybe in the future there would not be any bills as such. electricity, water and heating would be free. But there might be allocations or a cap on how much a person could use so that people dont over use it or waste it. But I havent thought that far yet. I am certain reneweable energy will be invented and stored (solar, wind, hydro, magnetic) so that we dont really need to worry about that. the clever engineers will have invented something surely.
Ok if it was 1 year old getting $100 annually that might work by the time they reached 17 if they hadnt spent ANY of their allowance they would have saved $15,300
or if it was $1000 per year of age they would then get $17,000 at age 17 plus if they hadnt spent any of their alowance they would have in total $153,000
although I am sure people would probably spend it though it would be up to you.
or if it was $1000 per year of age they would then get $17,000 at age 17 plus if they hadnt spent any of their alowance they would have in total $153,000
although I am sure people would probably spend it though it would be up to you.
I feel like I'm watching a science fiction movie from the '70s.
"It's the year 2020. Poverty has been abolished. There is no more need for countries to go to war. We all have flying cars and everybody is free to take the job that he finds best suited for him..."
They had such high hopes for us! I feel like we somehow let them down.
"It's the year 2020. Poverty has been abolished. There is no more need for countries to go to war. We all have flying cars and everybody is free to take the job that he finds best suited for him..."
They had such high hopes for us! I feel like we somehow let them down.
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T
Ask the American Government. They seem to be the experts at printing money out of thin air. Our Government can print money and inject it into the economy by the trillions frivolously and it’s called quantitative easing or stimulus but if a average citizen were to print his own money it’s a felony punishable by prison time and larges fines.🧐 makes sense right? I’m for disbanding the IMF and forcing the US federal reserve to abandon the reserve note and return to silver and gold certificates. The economy would collapse no doubt but it’s a false economy that’s been artificially propped up by Monopoly/ funny money.
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instead of printing money or doing it digitally, how about we use something like rocks. each rock is like $1 and a million rocks is $1 million dollars.
So everyone would be giving people crushed rock powder and saying well theres a million rocks in here. That would reverse the economy!
So the powers that be are changing the currency to Flowers. Each flower is worth one, but some flowers might be worth more than others. However lots of flowers would give you way too much hayfever.
I think the american govt is weird, but thankfully it doesnt affect me much since I dont live there. apparently they are in debt as well as everyone else to the invisible world bank. They signed some agreement back in 1948 called the marshall plan to help Europe and just GAVE them $15 billion dollars. Like it wasnt even legal tender money they just wrote a cheque, which you cant do these days anymore, cos banks wont accept cheques now.
I dont know where the american govt got the money from, maybe they just thought well since we got gold we we will just dig it out of California using foreign labourers to dig it out for them. Who knows. Thats capitalism for you.
This is a thought experiment. Its nothing to do with socialism. Its just if you thinking money is anything than just a bunch of numbers then you might be right.
So everyone would be giving people crushed rock powder and saying well theres a million rocks in here. That would reverse the economy!
So the powers that be are changing the currency to Flowers. Each flower is worth one, but some flowers might be worth more than others. However lots of flowers would give you way too much hayfever.
I think the american govt is weird, but thankfully it doesnt affect me much since I dont live there. apparently they are in debt as well as everyone else to the invisible world bank. They signed some agreement back in 1948 called the marshall plan to help Europe and just GAVE them $15 billion dollars. Like it wasnt even legal tender money they just wrote a cheque, which you cant do these days anymore, cos banks wont accept cheques now.
I dont know where the american govt got the money from, maybe they just thought well since we got gold we we will just dig it out of California using foreign labourers to dig it out for them. Who knows. Thats capitalism for you.
This is a thought experiment. Its nothing to do with socialism. Its just if you thinking money is anything than just a bunch of numbers then you might be right.
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1. You are glibly and contemptuously speaking of things you don't understand.
2. If you DID understand them you would be far less glib, but your contempt would go off the charts.
3. That "thought experiment" has been tried as a real experiment multiple times, and has failed every time. Ask Russia about that.
2. If you DID understand them you would be far less glib, but your contempt would go off the charts.
3. That "thought experiment" has been tried as a real experiment multiple times, and has failed every time. Ask Russia about that.
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You arent shaking your head
you just doing a facepalm
wouldnt you rather have a universal allowance than have to depend on the whims of an employer or asking (or brown-nosing) for a raise or winning lotto (gambling) , or have to constantly fight to get fair pay. Or work 80 hours just to break even? the love of money is the root of all evil, so why do people then do stupid things just to get it.
a lot of people dont just automatically have capital or trust funds you know. some people totally forget that. If God has given us grace and everything that is needed to live and provides us with work He has ordained us to do, then why must the cost of living be so high?
either we are living beyond our means, or there must be some other reason, and if the government is upon His shoulders, we can totally appeal to Him to make things right in this world.
you just doing a facepalm
wouldnt you rather have a universal allowance than have to depend on the whims of an employer or asking (or brown-nosing) for a raise or winning lotto (gambling) , or have to constantly fight to get fair pay. Or work 80 hours just to break even? the love of money is the root of all evil, so why do people then do stupid things just to get it.
a lot of people dont just automatically have capital or trust funds you know. some people totally forget that. If God has given us grace and everything that is needed to live and provides us with work He has ordained us to do, then why must the cost of living be so high?
either we are living beyond our means, or there must be some other reason, and if the government is upon His shoulders, we can totally appeal to Him to make things right in this world.
