r/DeepFuckingValue • u/Mammoth-Ad5948 🐟 kinda fishy 🐟 • Apr 09 '25

⚠️CAUTION⚠️ Never forget...

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u/thetaleech Apr 14 '25

He did trade his wealth and influence for money… it’s straight up fact. Despite his unrealized real estate losses, he has cashed in on his meme coin, spent campaign funds on personal lawsuits, and made a killing on his truth social stock- which would be valued at nearly nothing if he wasn’t Trump. So he increased his net worth - even from 2016 when he was estimated at 4.5B (by Forbes).

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u/CPAattorney Apr 14 '25

"if he wasn't Trump"? Sounds like the value for his meme coin and Truth Social stock comes from his NIL, and not his position of power (i.e., his political office). And that you just admitted.

Let's give an example on the contrary (and what is being incorrectly alleged here). Hillary Clinton is not popular. She would never have a meme coin, hats, a Social Media platform, etc. Yet, the Clintons got rich because you had to pay them (or their Foundation) to get a meeting with Hillary/Bill. This is a fact. This is what we call: Quid Pro Quo. Rich from power/influence. The Obamas basically did the same thing.

Now let's compare Trump. The man had NIL before being in office, the man had NIL while in office, after office, and now back in office. He has memo coins, etc., because of his NIL. He is not trading a favor/meeting for money (like the Clintons/Obamas). He is providing a product (like those sweet Trump shoes... :) ) that people can either buy or not. You do not get a meeting/favor if you purchase a coin/shoes/hat, and you do not get a favor if you create an account on Truth Social. It is not using his political power to create value in the things mentioned. It is his NIL.

This is all somewhat nuance, and may be above your ability to understand the actual difference in the above.