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If you borrow against it you still have to pay interest. If he somehow found someone to loan him $1T, which would probably be practically impossible, the intere
by Dig1t 4mo ago
If you borrow against it you still have to pay interest. If he somehow found someone to loan him $1T, which would probably be practically impossible, the interest would make the total amount he got less than $1T.
- cosmicgadget 4mo agoCorrect, he couldn't borrow $1T from one person with $1T as collateral.
- fsckboy 4mo agoif you borrow against it and buy shares of stock, the stockmarket generally can be counted on for at least 7% returns, and the borrowing cost would be 5%, so no, chances are the interest would not eat up the borrowing.