What IF Everyone Get's $1,000,000?

It’s been said that with careful planning, wise spending, and a strictly scheduled savings account a five year old might just manage to save one million dollars by the time they’re a hundred. Okay, so it’s actually more like someone making fifty grand a year saving up a carefully calculated amount per day to have a million to retire with. A million just feels unattainable. Imagine that though, a million bucks to live the rest of your life in relative comfort with. It wouldn't be a whole lot when you factor in the fact that it'd be spent over twenty to thirty years. It'd just be about twenty to thirty grand a year, but it's still better than my IRA, that's for sure. Unfortunately for most people the usual salary is more at that twenty thousand a year mark. And with an overwhelming seventy-eight percent of America alone living paycheck to paycheck, saving has shifted from what was once practically an expected certainty into a mere luxury. We’ve all got our own win the lottery dream. Pay off the the mortgage. Buy an island. But what would happen if everyone suddenly had a million dollars? Or at least, their currency's equivalent of it. You get a million dollars and they get a million dollars and everyone get's a million dollars!

I'll just come right out and say it: chances are that you, the person watching this video right now are poor. I know, I know. That was kind of rude and you probably didn't need to hear it from a total stranger, but let me explain. I'm not making fun of you. It's just a statistical probability. The average salary of the world as whole is something like $1400 a month or $18000 a year. Which most of us know is basically nothing. But sadly that number can vary greatly based on where you live. The highest paid country on average is Monaco at just about fifteen grand a month and over a hundred thousand a year. Man I bet it wouldn't be so hard to save up a million there. But it'd be next to impossible for the average person living in Madagascar. At only $400 a year or about $33 a month that leaves residents with mere pennies over a dollar a day.

[KevinLandon-liqh]

The price of everything would increase, then when the money was gone...we would all be screwed!

[raisingkane]

People would spend it all in one day buying Gucci, Lamborghini n big old houses in Cali and be broke the next day then we'll start seeing a bunch of Gucci stuff, Lamborghinis n big'o houses for sale on offerup!! Lmao!!!

[Michaelcerasleftnut]

Let’s fix it.
Everybody gets a million dollars
BUT
they have to sign a contract to keep working the job they’re at for 10 years or it is confiscated

[Quaid]

My great grandparents were millionaires in the Weimar Republic. They wasted it all on bread.

[enriquealvarez]

what if we were reborn 3 times knowing what happen in the befor life

[AquaTeen]

Hey, Question King. I got a question for you. What would it be like in a world without death?

[sepulvjl]

If that was to happen then it wouldnt hv any value!! All prices would skyrocket! A can of soda would probally cost u $500! A night out dinner with your date would cost 50K! Your monthly apartment rent would probally be 100K month

[eddyalvaross]

I would still continue to work out of passion even if I had $ in my bank.

[ivar]

I would just rent the smallest apartment i could find that i can fit all necessities inside then I would enter a phase called the great SIT
And sit there for decades watching youtube/netflix only going outside for a walk or buying food now and then....

Ahhh thats life

[BlueLineKing]

You’d have to cap prices so companies didn’t gouge and get all the money back quickly. Minimum wage would have to rise to get people back to work and owners would have to accept way less profit.

You also couldn’t print the money, you’d have to take it from the richest people to avoid inflation. Complicated and will never be done because the people with the cash have all the power but this can be done effectively but would just need to be masked as a full reset of funds from super wealthy to the poor.

[americohagim]

If everyone has 1 million then no one has 1 million, that’s the sad truth

[Salvypapi]

Ok so we all get a million & nothing goes up, would that work ?

[MadoMacid]

But the economy would collapse because stores would fail

[michealjovanie]

I'd buy land pay taxes ahead of time, grow fruits, vegetables, and livestock. I'd be a free man.

[blacklyfe]

Inflation would arise prices and good would go up

[ismaelgonzalez-cuevas]

Everyone:I will donate all of it to charity

[rodolfollanera]

I agree, that's why middle class and poor people has a big contribution to increase the economy.

[hillbillysonya]

whats between snow clows and plan clows and rain clows

[endgame]

Should show you that the working class is underappreciated.

[LONEWOLF-rqtl]

It's not money is the root of all evil. It's money is the root of all sorts of evil. There's a big difference and it makes complete sense.