Having closed the merger of his social media company, Mr. Trump could find ways to raise cash against the value of his stake in the company, estimated at more than $3 billion.
Oh I thought there was a scientific method which calculates the value using concrete, verifiable metrics… I didn’t realize it was created out of thin air. Seems perfect for money laundering.
Oh I thought there was a scientific method which calculates the value using concrete, verifiable metrics… I didn’t realize it was created out of thin air. Seems perfect for money laundering.
This is something to learn. All value is created out of thin air.
Or another way of putting this, is that a price only exists when someone is willing to pay it.
Theoretically it is the present value of future profits. Way overinflated.
Ostensibly there are methodologies to do this properly but really you can say whatever you want.