Could the richest Americans simply write a check to erase the U.S. debt? There are approximately 902 billionaires in the U.S., whose collective net worth is somewhere in the ballpark of $6 trillion, according to Forbes. That’s more money than the average American can even theorize much less imagine spending, but is it enough to pay down the nation’s debt, if such a thing was possible?
To play this little thought experiment out, I asked ChatGPT.
