LogFAQs > #979543311

LurkerFAQs, Active Database ( 12.01.2023-present ), DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	How would UBI even work?
Naysaspace 03/24/24 7:19:52 PM #49:	Tyranthraxus posted... If you liquidated musk you'd have enough money to give everyone in America like $500/month ubi for half a year. So lets check that. 192,6 billion usd is his net worth. most of that is in stock, and you can't just """liquididate""" (good word tho!) without the assets taking a massive nosedive in valuation. That's....literally how stocks work. Anyways, assuming you can, 192.6 Bill over 350 mil = $550. Total. Not per month. --- AMD is the best company in the history of computing! <cite>Naysaspace posted [p:979543311] in How would ... [t:80729345]...</cite> <quote>Tyranthraxus posted... </cite><quote>If you liquidated musk you'd have enough money to give everyone in America like $500/month ubi for half a year.</quote>So lets check that. 192,6 billion usd is his net worth. most of that is in stock, and you can't just """liquididate""" (good word tho!) without the assets taking a massive nosedive in valuation. That's....literally how stocks work. Anyways, assuming you can, 192.6 Bill over 350 mil = $550. Total. Not per month. --- AMD is the best company in the history of computing!</quote> ... Copied to Clipboard!
Topic List	Page List: 1