They will settle with him, probably 10-25 million. He can prove "harm" was done to him and his reputation, thus meaning he probably can't do that line of work for the rest of his life due to a tarnished reputation. Good for him
Right now that money might fall from inflation though, so he'd want to get a good investment firm (that doesn't invest into Chinese stocks), and might want to pay for a few other suits.
Not clear where you think the inflation would come from. Generally, when the economy is strong, you have inflation. When the economy is in the toilet, you have the opposite, called deflation, which is where we are now.
30% of US dollars were printed in the last 6 months, iirc. If that money disappears by going to some rich people forever, either through companies like Amazon or directly like to Pfizer, it doesn't mean too much... unless they decide to send that back out to the economy, on top of things opening up. The potential for rapid inflation is much higher now.
Printing money, in and of itself, does not cause inflation. Or, put another way...let's say I decide to see my house, and I ask $1.2 M for it. And someone buys it. No cash ever changes hands. Printing money has nothing to do with the value of my house, IMHO.
They will settle with him, probably 10-25 million. He can prove "harm" was done to him and his reputation, thus meaning he probably can't do that line of work for the rest of his life due to a tarnished reputation. Good for him
Right now that money might fall from inflation though, so he'd want to get a good investment firm (that doesn't invest into Chinese stocks), and might want to pay for a few other suits.
Not clear where you think the inflation would come from. Generally, when the economy is strong, you have inflation. When the economy is in the toilet, you have the opposite, called deflation, which is where we are now.
30% of US dollars were printed in the last 6 months, iirc. If that money disappears by going to some rich people forever, either through companies like Amazon or directly like to Pfizer, it doesn't mean too much... unless they decide to send that back out to the economy, on top of things opening up. The potential for rapid inflation is much higher now.
Printing money, in and of itself, does not cause inflation. Or, put another way...let's say I decide to see my house, and I ask $1.2 M for it. And someone buys it. No cash ever changes hands. Printing money has nothing to do with the value of my house, IMHO.
Hah. Covington 2. America is truly a country of lawsuits. I hope this would teach the arrogant and self-important Twitter a lesson.
I can't take anyone seriously wearing that hat on his head. I'm sorry. I am sure he is a great man and all of that. But seriously?
I completely believe his story on the merits. But with that hat on his head, he's not gonna make believers.