How long would it take to totally abolish global poverty? It could take one week, but as there are practical differences it might take a full month.
The method is to give every living individual a bank account with one million dollars.
This would invert the economical model used so far from being based on poverty to one being based on need.
If we all were millionaires we could buy what we really need - be it food, housing, education or whatever. The factual economy would increase as never before.
If we all were millionaires the magic of money would be lost. Money would be like air, necessary but always available. Nothing to fight for.
Economical migration could stop or be more like tourism. Tensions between nations and social groups would soften.
The tedious struggle for survival for the day would change into a meaningful search for the nice and lovely. Billions of individuals would be free.
For some groups there is already excess of money. Some of it is spent on luxury as nice hospital care for the heart attacks, nervous break downs and problems with addiction. But most of those very rich drive a small car and eat hamburger.
So what are we waiting for?
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