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Old 16-February-2008, 07:45 PM
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Quote:
Originally Posted by Ronald Brak View Post
The OP said real wealth. If the ships just turned up stuffed with 65 trillion dollars worth of 50 dollar bills, that would not be very helpful.
That might not make it easier.

If you suppose some kind of tradable wealth,
there would be huge and sudden capital inflows,
with pretty wild effects on the economy,
both macro and micro.

The Netherlands had this problem (on a very different scale, of course),
when they discovered their North Sea gas fields.
Alberta is starting to have some of these problems now.
(also on a very much smaller and manageable scale)

Just saying that such a vast amount of wealth would create a whole bunch of problems, too.
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