Post
Topic
Board Economics
Re: Some chinese guy bought most expensive face mask in the world $1.5 million.
by
wiss19
on 22/08/2020, 14:43:47 UTC
Crazy world we live in :

https://www.youtube.com/watch?v=VCcCSzqyDKQ


I don't get why govs don't  put 99.9% income tax on this f...kers ...?

There is one thing to be rich ...and another thing to be a rich asshole ...  
I watched the video on YouTube, it was kind of funny at first because I was thinking to myself 'how can someone be so dumb to buy a mask for $1.5 million?... And then wait for a minute... That’s a gold mask right? What if this guy knows what he’s doing and is just doing it on purpose? These are golds and diamonds and gold can hardly depreciate.

There is opportunity that he can still sell this in the future, so he can just buy it now and keep it and when the value of gold increases he will sell it. To me this is just Business, he’s trying to use it as a store of value, it’s quite possible.