@AmericanAir what is your baggage desk at ORD’s phone number? Currently receiving the worst customer service of my life trying to get delayed baggage delivered to my home.
Staggering the number of you guys that worship outlier lives of great accomplishment, but are completely disgusted by what true outlying behavior looks like
The sheer scale of a trillion dollars can be hard to comprehend. Let me put it in perspective. You would be able to buy 42 miles of high speed rail in California with that much money.
Elon’s wealth is not money, I think most people understand that. He’s not a dragon sitting on a pile of gold, or a monkey hoarding bananas. No one has less food because his potential future cash flows are excessively priced. But the misunderstanding is worse than that.
His wealth is capitalized, theoretical, future cash flow. If dipshits like Bernie confiscate potential future cash flows, and convert them into current consumption, and put it into the hands of people ready to spend it, a fixed amount of goods will be chased by higher velocity cash.
There is only one variable that can create equilibrium: inflation.
Confiscating equity value from billionaires, and now trillionaires, and forcing them to liquidate equity into cash, then distributing that cash to the masses, does not create more goods. In fact, it creates a deficit of goods, because less capital will be employed in producing goods.
You can’t print food.