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In reply to the discussion: If you gave the bottom 300 million people in this country $3,000 each...? [View all]paleotn
(22,983 posts)33. 45 to 60 million in relatively small blocks. That's not the same thing.
You're conflating apples with oranges. That's regular activity. Any significant moves by Elmo would be on top of that and would be noticed very, very quickly.
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If you gave the bottom 300 million people in this country $3,000 each...? [View all]
kentuck
Friday
OP
"..the markets would panic..." a very few people now having the financial gravitational pull of a black hole.
harumph
Friday
#10
Interesting proposition. Too bad we can't do national level grass roots ballot initiatives.
dutch777
Friday
#8
It would be a serious boost to the economy bc poor people would spend it on necessities
ms liberty
Friday
#17
I'm sure that Musk pays a high tax rate on that $54K annual salary that he collects at SpaceX.
OGBuzz
Friday
#25
Their GDP is real. His is paper. A figment of imaginations he can't tap without crashing it. Big difference.
paleotn
Friday
#28
Tesla trades 45-60 million shares daily. He can tap as much as he needs without crashing anything. There will be similar
OGBuzz
Friday
#31
I'm pretty sure Elon has dozens, if not hundreds of brokers on the payroll. He doesn't have to go large on one trade.
OGBuzz
Friday
#37
Daily trade volumes range from 45 million to 60 million. Those are some swings indeed and nobody is
OGBuzz
Saturday
#43
Your 2% assertion is a lie, you are wrong and you obviously know nothing about poor and working class Americans
questionseverything
Saturday
#49