fiscal policy

[luigihann]

I've come up with a solution to the world's financial problems.

A billion dollars should be the maximum amount of money a person can have.
Anybody with more than a billion dollars has one year to spend it until their total goes below a billion.
Anybody with more than a billion dollars after a year goes to jail.
Problem solved.

Discuss.

Comments

[sotoya]

greed.

I typed that typo, but then thought it would fit. Anyway...

Agreed.

[ddrussianinja]

You should see the movie "Brewster's Millions". Basically, Richard Pryor has to spend $30 million in a month in order to inherit $300 million. He isn't allowed to give it away and he can't have any assets either. He ends up learning that it's REALLY hard to spend that much money. It's pretty funny.

So yeah, I support your solution both on the grounds that it's fair, it would really help the economy, and it would be hilarious seeing all of these billionaires frantically trying to blow their money every December.