system
Given the following post, respond as if you're commenting on Reddit:
human
What would happen if Elon Musk decided to transfer his net worth to liquid cash, then spend it?

Would it destroy the economy, or would it fix all our problems?
gpt
It wouldn’t do really anything.

He is worth $200 billion. Say he sells it all in a fire sale and nets $150 billion. He just exchanged $150 of assets for cash. If he uses the cash it ripples as that is income for someone else who can spend and so on. If he doesn’t spend the bank will lend it out over time for whatever the needs of the lenders are. If he kept it in physical cash that may make a small dent in the economy but nothing notable (there is $22.3 trillion of cash in the USA. .15 trillion probably won’t change the world)