Elon Musk made half a trillion (500 billion) in less than a week.
#16
(16-06-2026, 01:59 PM)hitlersblackedwaifu Wrote: yeah but how are they just ascribing random numbers to it when the total sum of money in the world is fixed?

did he just create wealth out of 0, like say he discovered gold on mars?

btw the european central bank printed and created 3 TRILLION euros since 2020

where does this money come from btw? tax payer dollars? equity in land? federal gold reserves? export profits?

wrong wrong wrong and wrong! it comes from the central banks ass. it creates money out of nothing purely electronically cuz they use fiat

there is no gold back standard or tangible anchor anymore that certifies a dollar or euro  

u might be wondering where that money went. it went straight into the banks, liqudity injections they call them 

they do this in the us federal reserve as well.
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#17
(16-06-2026, 06:15 PM)Winyan Numpa Wrote: btw the european central bank printed and created 3 TRILLION euros since 2020

where does this money come from btw? tax payer dollars? equity in land? federal gold reserves? export profits?

wrong wrong wrong and wrong! it comes from the central banks ass. it creates money out of nothing purely electronically cuz they use fiat

there is no gold back standard or tangible anchor anymore that certifies a dollar or euro  

u might be wondering where that money went. it went straight into the banks, liqudity injections they call them 

they do this in the us federal reserve as well.

"They printin' monay."

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#18
(16-06-2026, 08:09 PM)Busty Doll Wrote: "They printin' monay."


in us during the pandemic they quietly printed enough to reduce the dollars purchasing power by 20% bc of inflation
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#19
(16-06-2026, 06:07 PM)Winyan Numpa Wrote: total sum in dollars or any currency isnt fixed, he uses equity with his company and stocks. the value can be very subjective + fluctuates

total gdp expands every year + total money in circulation but theres inflation effects which fuxks the actual value gained from each dollar itself

I guess this is the fabled "unit of account" function of money, or the dollar as the yardstick of value.

They just multiply share price with share number, regardless of whether actual dollars exist in that amount.


But the current outstanding number of dollars is known, it's 39 trill
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#20
(16-06-2026, 08:13 PM)Winyan Numpa Wrote: in us during the pandemic they quietly printed enough to reduce the dollars purchasing power by 20% bc of inflation

I don't believe in inflation. I'll give you an example, when I got my drivers license a speeding ticket was 2500 RSD

That was in 2020 and today it's still 2500 RSD
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#21
(16-06-2026, 08:16 PM)Busty Doll Wrote: I guess this is the fabled "unit of account" function of money, or the dollar as the yardstick of value.

They just multiply share price with share number, regardless of whether actual dollars exist in that amount.


But the current outstanding number of dollars is known, it's 39 trill

yeah legit  Shock
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#22
i want to buy a mandolin from this math phd guy and i looked up his publications and its all abt the levy process i didnt know what it wuz and why he can even get a job doing it and then i realize the market is fking insane for a levy to be the best way to analyze it cuz the world is chatoic
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#23
(16-06-2026, 08:17 PM)Busty Doll Wrote: I don't believe in inflation. I'll give you an example, when I got my drivers license a speeding ticket was 2500 RSD

That was in 2020 and today it's still 2500 RSD

lmao what why
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#24
This is continuing. Now Musk is up to 1.4 trillion

It means he remains #1 on Forbes even in the event he loses 1 trillion dollars.
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#25
I don't like these proclamations: "You badmouth Elon but he made 5000 welders into millionaires!"

Since when does a weld job cost 1 million euros
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#26
He's down $152 billion today
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#27
Net worth is not cash, how can someone who has read all of wiki doesn't know the difference? Giggle
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#28
(16-06-2026, 12:46 PM)hitlersblackedwaifu Wrote: I must have no idea how money works, because in my mind this shouldn't be possible.

SpaceX ipo valuation, not liquid cash
 "Madness, as you know, is like gravity. All it takes is a little push."
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#29
Wonder how musk will fare today
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#30
(Yesterday, 05:54 AM)Iblameher Wrote: SpaceX ipo valuation, not liquid cash

Yeah but he can spend on credit card

Banks consider that his stock is good
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