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uncel sam gives everyone a million dollars...

Discussion in 'The Furball Forum' started by walt cowan, Oct 21, 2013.

  1. walt cowan

    walt cowan

    10,745
    1,331
    Feb 18, 2005
    Absurdistan
    lets say the u.s. government gives everyone in the u.s. a million dollars, tax free. how would it work out for you and your own? the wife and i would do very in our golden years but, some in my clan...:upeyes: would be broke, dead or both in a years time. how about you?
     
    Last edited: Oct 21, 2013
  2. shanny161984

    shanny161984

    124
    0
    Mar 9, 2013
    Pay off all debt, invest a bunch, couple dream hunts
     


  3. Glockdude1

    Glockdude1 Federal Member CLM

    24,190
    2,569
    May 24, 2000
    Beaumont,Texas
  4. TK-421

    TK-421

    10,089
    730
    Oct 12, 2012
    Pflugerville, TX
    Pay off all my debt, buy the military weapons I've been wanting, with enough ammo to last a couple years without restocking. Put some money away so I can have some interest trickling in, and then put myself through school. And I'd also put some work into my car and give it some more power.
     
    Last edited: Oct 21, 2013
  5. BuckyP

    BuckyP Lifetime Member

    15,305
    2,483
    Feb 1, 2005
    PA
    This, though I would add a few home improvements.
     
  6. Travelin' Jack

    Travelin' Jack Misinformed

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    Jul 20, 2007
    0 .· ` ' / ·. 200
    It wouldn't buy much due to the hyperinflation that it would cause. I don't have any pre-existing debts so it wouldn't do me much good.
     
  7. ked

    ked

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    Feb 12, 2007
    tennessee
    THIS!

    if everyone had a million dollars, they wouldn't go back to work. in order to get people working (producing the things we need to survive) employeers would have to offer higher hourly rates. like maybe $30-$50 per hour! then prices would skyrocket (necessarily) and you would not be a "millionaire" anymore, because the $ wouldn't have any value. that is what all this money printing (quantitative easing) is doing to our economy.

    ked:steamed:
     
    Last edited: Oct 24, 2013
  8. I'd pay off my school loans and my car (only debt I have) buy a modest house here in Ashland and invest the rest.
     
  9. Revvv

    Revvv

    1,195
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    Jan 28, 2010
    Exactly

    Sent from my DROIDX using Ohub Campfire mobile app
     
  10. Woofie

    Woofie Disirregardless CLM

    9,991
    20
    Apr 10, 2007
    Here
    Buy a bunch of cool **** ahead of time on credit. Then pay it off with the handout. Then live in poverty for the rest of my life due to skyrocketing prices.
     
  11. janice6

    janice6 Silver Member

    31,000
    11,520
    Apr 4, 2006
    minnesota
    I couldn't force myself to apply for welfare to get the million dollars. I guess I would still be working to pay for everyone else that took it.
     
  12. JimBianchi

    JimBianchi Da Da CLM

    6,279
    359
    Feb 15, 2006
    Las Vegas
    I'd sit on it.

    95% of people will be broke inside of a year.

    Then I would invest in tangles like gold, silver, ammo, guns and property.

    People will riot and want another million.
     
  13. NMG26

    NMG26

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    Jul 24, 2010
    NM
    I'd have to hire someone to help be invest for my retirement..........at my current age of 48! Then I'd travel with the wife and geocache the heck out of the USA!

    .
     
  14. walt cowan

    walt cowan

    10,745
    1,331
    Feb 18, 2005
    Absurdistan
    :supergrin:yes.