Scrooge McDuck has a lot of money. He’s the richest duck in the world, consistently number one (or two) in rankings of all wealthy fictional characters. And the most conspicuous and iconic symbol of his wealth is his aptly-named “money bin”.
Unchanged in appearance since artist Carl Banks settled on its modern form in 1956, it’s one of those ridiculous symbols of childish excess that could never exist in real life. But . . . what if it did? How much real-life money would it take to fill Scrooge McDuck’s money bin?
(It’s more than all the gold in the world . . . but less than all the pennies.)
Continue reading “How Much Money Would It Take To Fill Scrooge’s Money Bin?”
The Oxfam charity grabbed headlines this week with a report on global wealth inequality. Their primary data source was the (much more in-depth) Credit Suisse Global Wealth Report, which in 2014 specifically focused on the same subject.
(Credit Suisse is a Swiss holding company with nearly a trillion dollars in total assets.)
While the Oxfam report deals mainly in percentages and proportions, the Credit Suisse report (and its accompanying data sheet) has page after page of hard numbers. And those numbers got me thinking . . . how much money are we talking about here? If wealth inequality didn’t exist—if somehow wealth were perfectly distributed among every adult human on earth (and leaving aside the many serious possible consequences of such a redistribution)—how much would everybody have?
Continue reading “What Would Global Wealth Equality Look Like?”