The Twitter Money-Quakes
© ® MC 2022
If there is a classified top secret billionaire out there who wants to buy Twitter to prevent Tesla CEO Elon Musk from purchasing the company, in fear Musk will privatize it or re-instate former President Trump’s political account, this would be a Money-Quake.
A Money-Quake is where large sums of Money are moving about in such a fashion as to disturb many people. Perhaps the USA Govt. doesn’t wish the classified top secret billionaire from buying anything else, because every time s/he does so it adds to the wealth and increases the money supply in the US Treasury Department. Increases to the Government Money Supply typically lead to Deflation; artificially created Inflation (2022) counters this action (this actually happened in March 2022). The Federal Reserve tries to balance the Money Supply in circulation by Taxes and spending. Having too many billionaires is not a good thing; they also buy up most of the available property. The classified top secret billionaire has more property than Elon Musk of course, as not everyone owns Stock as part of their portfolio (If Tesla Stock value decreases, so does Musk’s status). The proposed Billionaire Tax of 20% additional income over $100M annually will not prevent spending (what is money’s purpose other than for saving and spending?). Twitter’s value would only decrease as Stock owners would sell their shares, or become another Myspace. I only use Twitter for book marketing mostly. You cannot say much in the limited allowed space. As a writer, I want to expand my reach not my influence.
© MC 2022
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