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9eB1 comments on Open Thread - Aug 24 - Aug 30 - Less Wrong Discussion

7 Post author: Elo 24 August 2015 08:14AM

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Comment author: 9eB1 24 August 2015 04:18:43PM 1 point [-]

I was thinking that you should take into account the fact that if you got several trillion dollars, that only entitled you to half of America's resources, and if you got infinite dollars it would only give you 100% of America's resources. It turns out that similar notions have already been studied and the expected value calculated for them on Wikipedia (well, they just assumed that the bankroll was US GDP and didn't look at a quantity theory of money solution specifically, but same diff).