Now I need to do the math on space karen/ henery ford 2.0 aka Mr my autism makes me prone to outbursts of fascist apologia.
I did the math recently and if you took the assets of the wealthiest 1% and divided only half of it amongst the remaining 336.3 million Americans it would be a check of approximately 68,000 for every man woman and child and those bloated blood sucking leaches would still have an average remainder of just under 6 million dollars each.
I like the energy, but you’re not going to sell 92 Billion dollars worth of stocks for 92 Billion dollars.
He could just hand over the stocks.
though they would drop in value very fast thereafter, no? My naive understanding is that a good share of people would sell them immediately, causing a price crash.
That’s a specious argument. It might be technically true, but not by nearly a big enough margin for it to make any difference to the underlying point. It’s not like you’d have to unload them all in one month.