But why not a billion dollars? The worst that happens is someone has more than t... | Hacker News

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		sans-serif on March 23, 2013 \| parent \| context \| favorite \| on: Unfit for work But why not a billion dollars? The worst that happens is someone has more than they need. And then what happens? One of two things: 1: It sits in the bank, where it's lent out for investment 2: It's spent, possibly on something optional but still legitimately useful and non-frivolous, in which case it flows back out into the economy I don't see a bad outcome..!

lilsunnybee on March 23, 2013 | [–]

That would be a massive redistribution of wealth, much more than needed. The billion wouldn't end up being a billion though, due to runaway inflation.

mkr-hn on March 23, 2013 | [–]

People who win the lottery often end up worse off than when they started. Giving everyone a multiple of the highest lottery winning every year would be destructive.

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