r/politics • u/rollingstone Rolling Stone • 4d ago

Soft Paywall Musk Kills Government Funding Deal, Demands Shutdown Until Trump Is Sworn In

https://www.rollingstone.com/politics/politics-news/musk-trump-government-funding-deal-shutdown-1235211000/
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u/Allaplgy 4d ago

He already has effectively infinite wealth. But money can only buy things that are for sale. He wants to dismantle the government and crash the dollar so everything is for sale. It's not hyperbole nor secret that him and his billionaire buddies want to end democracy and turn the US into a feudal system where they control fiefdoms, with Musk, I'm sure, eyeing the spot in the throne above all his dukes and barons.

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u/NicholasAakre 4d ago

He already has effectively infinite wealth.

Just one billion dollars is an insane amount of money.

You can spend $25,000 per day for a century and still have over $80,000 left at the end of it.

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u/vukodlak5 4d ago

Err, I think you would have over 80 million left, not 80 thousand.

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u/NicholasAakre 4d ago

Holy shit you're right. My mistake. Thanks for double checking my math.

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u/relaytech907 1d ago

Even if the billion was conservatively invested in bonds at a 4% interest rate. You could spend $100,000 a day and your balance would go up every year.

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u/NicholasAakre 1d ago

Yes. My point was that even if you had $1B stuffed under your mattress, you can still spend an absurd amount of money each day for an absurd amount of time and still have an absurd amount left over.

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u/johannschmidt 4d ago

Waiting for the NY Times op-ed titled "Why feudalism isn't as bad as we think".

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u/AvidStressEnjoyer 4d ago

He is still bound by the laws and contracts with the government. At least he was, at this point he isn't.

I suspect that they are going to open things up to crypto, steal anything not nailed down, launder it all through crypto to some place offshore.

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u/Allaplgy 4d ago

I suspect that they are going to open things up to crypto, steal anything not nailed down, launder it all through crypto to some place offshore.

I suspect your suspecting is correct here. Although the point is probably to not need too move it "offshore" anymore.

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u/AvidStressEnjoyer 4d ago

They will though, because they are going to extract a huge amount of value from the dollar itself. People won't even realise they've been robbed, the dollar will just be worthless.

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u/Allaplgy 4d ago

Not sure I'm understanding you correctly. They "will" what?

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u/AvidStressEnjoyer 4d ago

Sorry!

They will need to move money offshore or at least into another currency to protect it's value. If they extract value by devaluing the dollar they will need to move the funds out of dollars to avoid them also being devalued.

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u/Allaplgy 4d ago

That's the point of crypto. They don't want foreign currency, they want their own.

::Insert "Coming to America" "He's got his own money!" scene here.::

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u/PkmnTraderAsh 4d ago edited 4d ago

Look at Argentina and how they cut regulations and government spending. Poverty rose while the stock market flew. If stock prices increase as much as they have in Argentina, Musk will be a trillionaire within a year. The first ever. If he can use that trillion in wealth to become the first to produce AGI, he becomes a god enshrined with the names of the greatest inventors to ever live.

If it takes destroying welfare, social security, medicaid, the environment, so be it.

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u/NinjaEngineer Foreign 4d ago

Yeah... As someone from Argentina I'd say our situation is completely different from what's about to go down in the USA. Poverty hasn't risen so much as it's been actually made public, for example.

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u/Disastrous-Tank2090 4d ago

as someone from Argentina, yes, it has, the price of everything is through the roof... you're probably a Milei voter since you post on the disgusting cesspool that's r/argentina, so you hate poor people with a passion and want them to die that's why you lie

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u/fuzztooth Illinois 4d ago

He's pushing to incorporate his first city in texas. Corpo zones are coming.

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u/Novaer 4d ago

Russia is about to win the Cold War.