If you had a trillion dollars

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oflguy
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If you had a trillion dollars

Unread post by oflguy »

How much of the island of Manhattan could you buy today?
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Re: If you had a trillion dollars

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NONE. I want nothing to do with a Lefty-run hellhole. Poop on the ground, prosecutors refusing to prosecute crime, rats everywhere...why would I want to throw my money away on a lost cause like Manhattan?
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Re: If you had a trillion dollars

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If that's the choice I'll stay broke.
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Re: If you had a trillion dollars

Unread post by VerminHex »

oflguy wrote: May 6th, 2021, 9:02 pm How much of the island of Manhattan could you buy today?
When I was a kid the pat answer to a question like, "What would you do if you had a million dollars?" was:

"I'd buy a new ass. Mine has a crack in it."
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Re: If you had a trillion dollars

Unread post by oflguy »

Da Mannn wrote: May 6th, 2021, 9:09 pm NONE. I want nothing to do with a Lefty-run hellhole. Poop on the ground, prosecutors refusing to prosecute crime, rats everywhere...why would I want to throw my money away on a lost cause like Manhattan?
The question was, how much of it?
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Re: If you had a trillion dollars

Unread post by oflguy »

The answer is ALL OF IT

and you would still have money left over. Now does that give some sort of idea what a trillion dollars is?
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Re: If you had a trillion dollars

Unread post by Vercingetorix »

oflguy wrote: May 7th, 2021, 8:15 pm The answer is ALL OF IT

and you would still have money left over. Now does that give some sort of idea what a trillion dollars is?
Well maybe....this would conclude that you bought all real estate, buildings etc in one swoop. You would have to. If you didnt, your purchase would increase as those who want property begin to try and compete, which would drive up prices.

I habe seen this thought exercise before.
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Re: If you had a trillion dollars

Unread post by oflguy »

Vercingetorix wrote: May 7th, 2021, 8:22 pm Well maybe....this would conclude that you bought all real estate, buildings etc in one swoop. You would have to. If you didnt, your purchase would increase as those who want property begin to try and compete, which would drive up prices.

I habe seen this thought exercise before.
And yet, democrats talk about trillions of dollars like its no big deal
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Re: If you had a trillion dollars

Unread post by Nero »

There are currently four companies on this planet with at least a trillion dollar market capitalization:
1) Apple: $2.226 Trillion; 2) Microsoft: $1.901 Trillion; 3) Amazon: $1.660 Trillion 4) Alphabet/Google: $1.591 Trillion and there's one other at nearly a trillion, Facebook: $904 Billion.
https://www.dogsofthedow.com/largest-co ... et-cap.htm

They could buy New York if they wanted it.
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Re: If you had a trillion dollars

Unread post by Vercingetorix »

oflguy wrote: May 7th, 2021, 8:30 pm And yet, democrats talk about trillions of dollars like its no big deal
Of course....but that is because they understand that politics is economics and if they can get in charge abd make the spigot flow in the right direction....it equals power.
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Re: If you had a trillion dollars

Unread post by oflguy »

Nero wrote: May 7th, 2021, 8:31 pm There are currently four companies on this planet with at least a trillion dollar market capitalization:
1) Apple: $2.226 Trillion; 2) Microsoft: $1.901 Trillion; 3) Amazon: $1.660 Trillion 4) Alphabet/Google: $1.591 Trillion and there's one other at nearly a trillion, Facebook: $904 Billion.
https://www.dogsofthedow.com/largest-co ... et-cap.htm

They could buy New York if they wanted it.
And your point?
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Re: If you had a trillion dollars

Unread post by monsignor »

I recall seeing a paragraph in a newsmagazine when I was in college that the $24 Peter Minuit paid the Indians for Manhattan back during the early 1600s was not the rip-off it appeared to be. Apparently if the Indians had invested the $24 in the stock market with rates of return equal to the actual ones, by the early 1970s they would've had more than what Manhattan Island (at the time; the early 1970s) was worth.
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Re: If you had a trillion dollars

Unread post by Nero »

oflguy wrote: May 7th, 2021, 8:32 pmAnd your point?
My point: They could buy New York if they wanted to.
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Re: If you had a trillion dollars

Unread post by oflguy »

Nero wrote: May 7th, 2021, 8:34 pm My point: They could buy New York if they wanted to.
So?
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Re: If you had a trillion dollars

Unread post by Nero »

oflguy wrote: May 7th, 2021, 8:35 pmSo?
So the CEOs of those companies have access to a trillion dollars and they could buy New York City, according to your thought excercise.
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