Does that mean all these rich people have just numbers and there aren’t actual currency that can cover all of it. Let’s say every billionaire wanted to cash out, would there be this much cash in the system at all?
correct. the latest numbers from the federal reserves estimates the total value of all physical US currency in circulation at about $2.3 trillion. meanwhile, this analysis of data from forbes puts the combined wealth of US billionaires at about $4.2 trillion as of April 2021, and that number has almost certainly risen since then. billionaires don’t run on cash, they run on manipulating numbers in computer systems, and most of their wealth is in the forms of stocks and such, rather than money in a bank account anyways.
One time I wrote a desperate email to my English teacher. Let me do some extra credit anything to not take the class again. He corrected all my spelling and grammar mistakes, attached a picture of my attendance record, and told me to go fuck myself
Honestly that sounds cheap. The professor probably earns more per hour than that.
How much time would it probably cost him to teach the student, to get his grades straight? 10-20 hours? Double that worth his salary and maybe it will be worth for him. Lets say he would normally earn 25€/h x 10-20 x 2 = 500-1000€
I just heard that international standards now stipulate that when referring to Internet and the WWW, that it is no longer a requirement to capitalize. its just internet and the web now, if anyone still even uses those words.
As a former professor, offer me twenty bucks and I'll laugh in your face and tell you to get the fuck out of my office. I say this as an honest educator, but the answer would probably be the same from a dishonest one.
Then, there was the Middle Eastern prince, who's father, the king, was funding chairs and paying for a major expansion of the college. We will leave it with his having a different set of relaxed rules guiding him. The king was generous when his son did well in his classes.
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