Uplifting News
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Do you have a comprehensive plan on how to immediately spend 200Bn USD evenly and fairly only to the most impoverished people on earth in such a way that maximises longterm benefit more than spreading it out over 20 years?
Also, if you sell off 200Bn USD worth of stocks in a day then you're not going to make 200Bn USD off the sales.
Yes, as a UBI. The average person is so poor that "means testing" it is just a waste of time and money. Poverty is very expensive - a high "interest rate" - so $1 donated today will have a drastically higher impact than $1 in 20 years, even adjusting for inflation.
Also, Gates' wealth is now diversified enough that slippage would be minimal. And doing it suddenly without notice prevents speculators selling ahead of him and then buying back afterwards, which would essentially siphon off the wealth.
A UBI for 340 Million Americans from 200Bn USD comes out to about...
Tap tap tap tap
$588.23 each for exactly once. Saving 0 children across the world from starvation, malaria, or dehydration. You could also try distributing that money directly to poor regions but thats such a terrible idea that its on the same tier as immediately releasing Afghanistans funds to the Taliban.
Nobody is suggesting that we limit it to the USA. That would be about a week's pay for the average person, saving lives right now, not maybe in 20 years.
Alright then, fine
Enjoy your free pizza I guess
Gee, do I want to explain why this is stupid so you can celebrate your ignorance here too, or