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ELI5 If Trump is a supposed billionaire why does he keep promoting cheap crap to get money?
(self.explainlikeimfive)
this post was submitted on 27 Sep 2024
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A lot of his value is tied up in assets that aren’t liquid (real estate). Also he is probably not worth as much as he says.
But the main reason is that these “cheap crap” things you mention are probably vehicles for money laundering from foreign actors. The best example are the NFTs he was hawking for awhile. Costs next to nothing to make and foreign states can buy a ton of them to give him money without it being easy to detect. Even if it is detected it is still legal to buy silly NFTs, right? Certainly more so than a foreign government giving a candidate bags of cash for nothing.
I thought foreign actors could not give to a canidate?
They can buy a million gold shoes that never get shipped.
Fuck it. Ship them. They still aren't worth $100k and don't cost more than 100c. The grift is complete.
But then they'd have to spend money on shoes to send to Russia, instead of not paying their lawyers!
#truth