wealth - eviltoast
  • Corkyskog@sh.itjust.works
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    7 months ago

    Idk how much, liquidness musk has, probably not Bezos like 6B+ cash stuffs… but it would be hilarious if he demanded like 10B. How long would the print job take? How does that even work?

    • phdepressed@sh.itjust.works
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      7 months ago

      Well he’d have to special order from his bank. The treasury isnt going to print money just for him. There’s about 1,846 Billion worth of $100s in circulation. So 10B is ~0.54%. That’s probably enough to cause some local shortages but not enough to cause “real” issues. If he liquidated and cashed his entire 200B Forbes valuation then that’s 10.8% of circulating 100s and there may be a mild nationwide shortage.