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View Full Version : Trump started his business with a "small" $1 million loan head-start.



Cigar
06-23-2016, 09:30 AM
How much would that be today?$1 million in 1968-money is $6.9 million in 2016-money.

And housing-prices increased by a factor of 8.5, including inflation, which means they have risen faster than the inflation:

http://2.bp.blogspot.com/-qO_ZuC5hNP8/VCrpuA9JDBI/AAAAAAAAgvc/O5q0CUxyEnc/s1600/HPNominalJuly2014.PNG
That means that Trump's small loan of $1 million in 1968-money is actually worth a few million more than $6.9 million in 2016-money, because he started out in the real estate-business where prices were lower. Let's round it up to $8 million.

Have you ever heard people complaining how they have to start a business with a paltry $8 million?

http://www.usinflationcalculator.com/

Mac-7
06-23-2016, 09:51 AM
I wonder what the Gentle Giant Mike Brown would have done with the money if he got it instead?

buy more powerful guns than the cops and bullet proof vests to protect his stash of pot?

What would bill clinton have done?

Maybe buy the Mustang Ranch whore house in Nevada?

Truth Detector
06-23-2016, 09:53 AM
How much would that be today?$1 million in 1968-money is $6.9 million in 2016-money.

And housing-prices increased by a factor of 8.5, including inflation, which means they have risen faster than the inflation:

http://2.bp.blogspot.com/-qO_ZuC5hNP8/VCrpuA9JDBI/AAAAAAAAgvc/O5q0CUxyEnc/s1600/HPNominalJuly2014.PNG
That means that Trump's small loan of $1 million in 1968-money is actually worth a few million more than $6.9 million in 2016-money, because he started out in the real estate-business where prices were lower. Let's round it up to $8 million.

Have you ever heard people complaining how they have to start a business with a paltry $8 million?

http://www.usinflationcalculator.com/


Another idiotic thread struggling to find a point. It is apparent to me that the idiots on the left are clueless how businesses work and how you start one. DERP

Cigar
06-23-2016, 09:56 AM
Another idiotic thread struggling to find a point. It is apparent to me that the idiots on the left are clueless how businesses work and how you start one. DERP


Ever notice who the people are on the Internet who are always calling others idiots? :huh:

I think they're called ... Idiots :laugh: