The idea of a monarch is strange to many of us in the US and most of us would probably consider it a waste. However, the situation isn't so simple and CGP Grey provides an excellent explanation of how the UK is actually benefiting quite handsomely from having a monarch.
The short story is that King George III traded his land for a lifetime salary of sorts and allowed Parliament to reap the profits off of the land. It turns out that the land is incredibly profitable and it actually makes a lot of sense to keep a monarch.
I highly recommend you subscribe to CGP Gey if you want to learn more interesting facts and learn answers to fascinating questions.
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