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A._Madden comments on I'd take it - Less Wrong
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I WOULD DESTROY IT ALL!!! First I'd take out a billion to allow me to live like a king (I cannot provide a justification for this.) Then I would convert the rest to various currencies (deciding how much of each currency would be the hardest part, it would be proportional to GDP I suppose.)
Then I would destroy it all, and everyone else would be proportionally richer. I don't have to worry about allocating the money to whomever can use it best, capitalism has already taken care of that (debatable I know, but done better than I ever could.)
So then everyone can decide how to spend their share of my 10 tril, whether it be aid to poor, or hamburgers or whatever.
While inflation is generally agreed upon as a good way of impoverishing everyone generally, I'm not sure that deflation (and in this case it would seem to be a pretty legitimate increase in value of the currency) would be an effective way of enriching everyone generally. But I'd have to give it some thought.