Relativity: Real Economic Reality

[GOLTZBORG]

OOC:
All things are relative to location and time; and as such, the noted quote
of "one man's poison is another man's wine" is the basis for this thread.

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If an individual were to have 1,000,000.00 Goltz / Gz ( equal to 1 million USD ) he or she would be considered quite wealthy in terms of Goltzborg's standards of living.

What if the same individual were to move to your nation; would he or she be still be considered wealthy; or instead, would he or she be middle class, or in poverty....or a super rich person ????
( i.e. how far would 1,000,000.00 get a person in your nation / please use comparable values to make your determination....a Gz is equal in value to fill in the blank with your currency )

[East Jermany]

Same as your country...quite wealthy.

[Saurisisia]

Not really, Saurisia's uber-rich have a wealth in the tens of trillions of USD. 1 million would make you simply part of the Upper Middle Class.

[Sanghelios-]

We do not find money the true source of wealth, so he must prove himself first.

[Thurask]

He'd be considered a capitalist pig by most of the populace, seeing as how 1 Gz=about NT$5.

[Maraque]

1 million Gz is only about L370,000. If that were their annual income they'd make a little less than eight times the average Tsvarchivan, but if that was simply the amount of money they had, then that really isn't that much; they could buy a modest apartment and have about L100,000 left over, which would last them about two years until they ran out.

[Galla-]

Same as your country...quite wealthy.

[Frenequesta]

In Frenequesta, he would be considered upper middle class (and have a worth about equal to 956,000 new syncs). If he had a clone, he would be considered upper-class.

[Mount Shavano]

He'd be relatively wealthy here...

[Eleria and Valeria]

The only official currency of E&V AG is the Certificate of Debt (SN), issued by the private Bank of Valeria. However, the Crown (a specie currency used throughout Calipathia) and the Westmark Thaler (issued by the Elerian-based Merchant's Bank of Westmark) are also legal tender. Based on the exchange rate with the Goltz, the wealth would probably go farther, as the cost of living in Eeleria and Valeria tends to be quite low for an economy of its development.

[Whiskey Hill]

Money in a bank account, or overall property?

If one were to have property totaling over a million Gz, they would be solidly in the upper middle class. In money laying around, they would be quite a bit wealthier.

[Slothtonia]

That kind of money would get you a lot of Excuses in Slothtonia.

[Voerdeland]

Wealthy. Not extremely rich, but still wealthy.

[Tovoua]

Quite wealthy

[Rumbria]

The view of the populace regarding the possessor of the money would really depend more on the intelligence of the individual than his/her wealth. Regardless, $1 million is equivalent to only around $600,000, so the possessor, in terms of what the international community would refer to as class, would be regarded as being only slightly above average

[YellowApple]

$A1 = $1.50. So, Gz1,000,000 would equate to roughly $A666,666.666, which is still relatively wealthy.