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    20 Nov '07 21:431 edit
    if everyone sold everything in the world how much would it come to? is it even possible to work out such a question....
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    20 Nov '07 21:501 edit
    Originally posted by eatmybishop
    if everyone sold everything in the world how much would it come to? is it even possible to work out such a question....
    sure if you take the estimated value off everything it could be calculated.

    However to whom should you sell?
    And if you choose to just ignore that,... well the value of money would disappear,..

    So what is moneyworth, if there is nothing at all (no gold, etc etc) to base the value of your money on. What does it matter that you have $1 or $ 9435676865845949469499 ? It doesn't matter anything at all.

    On the other side we would have no problem because we sold all our livestock, and water, etc so we would die very quickly :'(
  3. Joined
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    20 Nov '07 22:45
    Originally posted by MetBierOp
    sure if you take the estimated value off everything it could be calculated.

    However to whom should you sell?
    And if you choose to just ignore that,... well the value of money would disappear,..

    So what is moneyworth, if there is nothing at all (no gold, etc etc) to base the value of your money on. What does it matter that you have $1 or $ 94356768 ...[text shortened]... no problem because we sold all our livestock, and water, etc so we would die very quickly :'(
    fair point.... i guess it was a stupid question!

    let me put it another way.... if you had all the money in the world and wanted to buy everything, would you have enough?
  4. Standard memberwolfgang59
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    20 Nov '07 22:53
    I think I read somewhere that if everyone in the UK (and I guess it works for any Western country) were to get theier 'share' the whole population would be multi-millionaires and would not have to work!

    Of course that is nonsense - as soon as someone starts selling-up the value of whatever they are selling reduces. And with a country of millionaires who will empty the bins?

    The original question doesnt have any meaningful answer.
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    21 Nov '07 11:461 edit
    Originally posted by eatmybishop
    if everyone sold everything in the world how much would it come to? is it even possible to work out such a question....
    If 'every one' sold everything they owned - who would buy?

    It's a fair question because the new owners would be included in 'every one' in their turn, they would sell everything they owned too.

    The only ones that actually can buy everything owned by eartlings are interstellar aliens. Not for money but for other goods in exchange, like a paradisian planet somewhere for us, the human kind, to have a fresh start with.
  6. Standard memberPalynka
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    21 Nov '07 11:58
    Originally posted by eatmybishop
    if everyone sold everything in the world how much would it come to? is it even possible to work out such a question....
    The highest bidder, obviously. 😉
  7. Standard memberTheMaster37
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    22 Nov '07 07:14
    Originally posted by eatmybishop
    fair point.... i guess it was a stupid question!

    let me put it another way.... if you had all the money in the world and wanted to buy everything, would you have enough?
    Yes.

    For starters, money is being made for a long time already. The things on the planet now are just a tiny fraction of what there has been.

    Seconds, If you had all the money, everyone else is broke. They would do practically anything to get some of your money :p
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    22 Nov '07 08:40
    Does Visa card do?
  9. SubscriberAThousandYoung
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    28 Nov '07 21:231 edit
    Originally posted by wolfgang59
    I think I read somewhere that if everyone in the UK (and I guess it works for any Western country) were to get theier 'share' the whole population would be multi-millionaires and would not have to work!

    Of course that is nonsense - as soon as someone starts selling-up the value of whatever they are selling reduces. And with a country of millionaires who will empty the bins?

    The original question doesnt have any meaningful answer.
    That's because capitalism creates wealth. Without the capitalist system, that wealth would quickly erode as saved up goods are used up. Then people have to go back to work, but why would they work so hard knowing that the best producers and canniest leaders already once had their wealth taken from them?
  10. Standard memberPalynka
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    29 Nov '07 12:03
    Originally posted by AThousandYoung
    Without the capitalist system, that wealth would quickly erode as saved up goods are used up.
    Eh? Wealth existed long before capitalism.
  11. SubscriberAThousandYoung
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    01 Dec '07 20:141 edit
    Originally posted by Palynka
    Eh? Wealth existed long before capitalism.
    Not as much though. Not the kind of wealth that would make everyone immediately wealthy if split up evenly. Capitalism produces wealth very well, though it's not the only way to produce wealth. For example, there's always imperialism and coastal raiding a la the northern European countries in the past.
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    14 Apr '08 14:34
    Go to the CIA world facts book (type it into google), search for all coutries' GDPs and add them together. This is the value of everything produced (goods and services) in the world.
  13. Standard memberPalynka
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    15 Apr '08 08:52
    Originally posted by Jamesntu
    Go to the CIA world facts book (type it into google), search for all coutries' GDPs and add them together. This is the value of everything produced (goods and services) in the world.
    So a house has no value for you if it wasn't produced that year?
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