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RE: The World would be a lot better if 90% of families had $1 million to their name.
In a class , the student who get's A grade is only valuable because there are other who get B's and C's.
If everyone gets 1 million , you have basically made money worthless (or very very cheap) and you would have hyperinflation next morning . Things that cost 1 million today would cost 1 Billion tomorrow.
Hyperinflation : somethign inflated as much as Kanye's ego
First of all,not everyone but most families. There is no family comprising of just one person. Secondly, if things that costs $1million today gets to $1 billion, that would be the headache of those seeking luxurious lifestlye and not the poor child looking for food and water.