'If you were a friend of Trump, you'd be worried': Billionaire's influence raises alarm
1 week, 1 day ago

'If you were a friend of Trump, you'd be worried': Billionaire's influence raises alarm

Raw Story  

The growing influence that one of Donald Trump's most ardent backers has over the president-elect should be the object of serious concern to his friends and allies, suggested noted Yale historian Tim Snyder. In an interview with the Guardian's Martin Pengelly published on New Year's Day, Snyder pointed out that Elon Musk's massive wealth dwarfs Trump's and he will not only be able to do the president-elect's dirty work, he'll be able to use his money to exert even more unheard influence over Trump. According to Snyder, “Trump is a little guy, and Musk is a big guy when it actually comes to having money.” With the report noting Musk has already sunk millions into getting Trump re-elected, Snyder claimed the president-elect not only already owes Musk, but will continue to be held captive by the billionaire's wealth. "Unless Trump breaks it off right now, he’s going to be in this kind of dependent relationship for the rest of the way, because you get used to people giving you money … and I think if you were a friend of Trump, you would be worried," he added.

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History of this topic

Historian warns ‘big guy’ Musk will have undue influence over ‘little guy’ Trump
1 week, 1 day ago

Historian warns ‘big guy’ Musk will have undue influence over ‘little guy’ Trump

Hindustan Times  

Donald Trump's incoming administration would be heavily influenced by his biggest supporter, Elon Musk, according to a renowned Yale historian. In an interview with The Guardian published Wednesday, Timothy Snyder issued a warning for the president-elect's friends and supporters that the Tesla CEO is the “big guy” on whom Trump is dependent for money. Historian explains how Trump could be …

Honeymoon over? Trump is reportedly ‘annoyed’ by best buddy Elon Musk’s antics
Trending News
1 week, 2 days ago

Honeymoon over? Trump is reportedly ‘annoyed’ by best buddy Elon Musk’s antics

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The honeymoon period between Donald Trump and his “best buddy” …

Trump’s chief of staff had scheme to control Musk — its failure could blow up GOP: analyst
2 weeks, 2 days ago

Trump’s chief of staff had scheme to control Musk — its failure could blow up GOP: analyst

Raw Story  

Donald Trump’s nominee for chief of staff worried that Elon Musk’s connection to the president-elect was bad news and she worked to keep the billionaire’s power under control, a columnist wrote Tuesday. Marcotte wrote that “it’s a safe bet” that Wiles created the Department of Government Efficiency as a way to contain Musk — putting him in a “presidential advisory …

Trump takes a swipe at close pal Elon Musk and reveals why the billionaire will 'never' be president
Trending News
2 weeks, 2 days ago

Trump takes a swipe at close pal Elon Musk and reveals why the billionaire will 'never' be president

Daily Mail  

President-elect Donald Trump took a swipe at 'first buddy' Elon Musk as critics question who is really in charge between the close pair as the 78-year-old prepares to return to the White House. President-elect Donald Trump claimed Musk is 'not going to be president' because he was born in South Africa as his critics question who is really in charge …

Wall Street Journal flames Trump and Musk over ‘budget fiasco’ and what it threatens for future
2 weeks, 3 days ago

Wall Street Journal flames Trump and Musk over ‘budget fiasco’ and what it threatens for future

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Wall Street Journal’s editorial board has eviscerated Donald Trump …

Trump team refutes ‘President Musk’s outsized influence on GOP
2 weeks, 6 days ago

Trump team refutes ‘President Musk’s outsized influence on GOP

Hindustan Times  

President-elect Donald Trump’s team has pushed back against claims that Elon Musk is wielding outsized influence within the Republican Party after the tech billionaire played a major role in derailing a key spending bill intended to avert a government shutdown. Early Wednesday, Musk denounced the bill on his social media platform X, warning, “Stop the steal of your tax dollars!” …

Elon Musk just killed Donald Trump's honeymoon
2 weeks, 6 days ago

Elon Musk just killed Donald Trump's honeymoon

Salon  

Back in 2016, the whole country was left in shock when celebrity businessman Donald Trump managed to take over the Republican Party and win the presidential election. It's clearly starting to come apart largely because Trump made himself a much lamer duck than he needed to be. As the anointed budget cutter in chief he took great umbrage that anyone …

'President Musk' trends after Trump's top oligarch torpedoes federal spending deal
2 weeks, 6 days ago

'President Musk' trends after Trump's top oligarch torpedoes federal spending deal

Raw Story  

Congress is careening toward a government shutdown after U.S. President-elect Trump, egged on by billionaire Elon Musk—who helped bankroll Trump's reelection campaign and is slated to help oversee cuts to government spending and regulation in the new administration—torpedoed a federal spending bill that would have kept the government open for the next few months. These sorts of remarks continued Thursday, …

Political Reporter Says Elon Musk Is ‘Playing A Risky Game’ With Trump
3 weeks ago

Political Reporter Says Elon Musk Is ‘Playing A Risky Game’ With Trump

Huff Post  

LOADING ERROR LOADING Wall Street Journal reporter Vivian Salama said Elon Musk is “definitely playing a risky game” by getting ahead of Donald Trump to tank a government funding bill. Democrats and other critics started calling Musk Trump’s “shadow president” on Wednesday after the billionaire Tesla CEO railed repeatedly against the bill in a social media spree, before the president-elect …

Musk and Trump are viewed roughly the same by Americans, an AP-NORC poll finds
3 weeks, 1 day ago

Musk and Trump are viewed roughly the same by Americans, an AP-NORC poll finds

Associated Press  

WASHINGTON — Elon Musk, clad in tuxedo and black tie, took the stage at President-elect Donald Trump’s Mar-a-Lago resort shortly after the election with all the swagger of the winning candidate himself. Musk, whose net worth tops $400 billion, oversees six businesses while continuing to work closely with Trump: electric car manufacturer Tesla, the X social media platform, space technology …

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m
3 weeks, 2 days ago

Elon Musk’s wealth jumps by $170bn since election day after he backed Trump with $277m

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musks’s wealth has …

Not just Elon Musk: Silicon Valley's tech bosses poured millions into US presidential campaign
1 month ago

Not just Elon Musk: Silicon Valley's tech bosses poured millions into US presidential campaign

India Today  

NEW DELHI: Silicon Valley tech moguls made a significant impact on the recent 2024 US presidential election, with a Guardian analysis revealing that the tech industry contributed over $394.1 million to the race between Donald Trump and Kamala Harris. The majority of these donations came from billionaire Elon Musk, who gave an enormous $242.6 million to former President Donald Trump’s …

Elon Musk Spent $270 Million to Support Trump’s Presidency
1 month ago

Elon Musk Spent $270 Million to Support Trump’s Presidency

Deccan Chronicle  

Tech billionaire Elon Musk spent at least $270 million to help Donald Trump win the US presidency, according to new federal filings, making him the country's biggest political donor.SpaceX and Tesla CEO Musk, the world's richest person, was an ardent supporter of Trump's White House campaign -- funneling money into door knocking operations and speaking at his rallies.His financial backing, …

Trump adds more billionaires to his administration after promising to help ‘everyday Americans’
1 month ago

Trump adds more billionaires to his administration after promising to help ‘everyday Americans’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Elon Musk, the world’s wealthiest person, has been tapped to …

Elon Musk alleges Jeff Bezos told people to sell Tesla, SpaceX stocks; Bezos denies in rare X post, says ‘100% not true’
Top News
1 month, 2 weeks ago

Elon Musk alleges Jeff Bezos told people to sell Tesla, SpaceX stocks; Bezos denies in rare X post, says ‘100% not true’

Live Mint  

A heated exchange erupted between tech billionaires Elon Musk and Jeff Bezos after Musk accused Bezos of advising people to sell Tesla and SpaceX stock, claiming Donald Trump would lose the US presidential election. The Amazon founder swiftly denied the allegations in a rare post on X, calling them “100% not true.” Musk’s Accusations Musk, known for his outspoken social …

Elon Musk is officially the richest he's ever been with a $70 billion jump in net worth post-Trump's win
1 month, 2 weeks ago

Elon Musk is officially the richest he's ever been with a $70 billion jump in net worth post-Trump's win

Hindustan Times  

Elon Musk just can’t seem to stop breaking his own records. With a $70 billion boost to his net worth following Donald Trump’s win, Musk is now officially richer than anyone could have predicted—again. FILE - Tesla and SpaceX CEO Elon Musk, left, and President-elect Donald Trump attend a campaign event at the Butler Farm Show on Oct. 5, 2024, …

'He would be a terrible enemy': Trump warned against attempt to 'break up' with key ally
1 month, 2 weeks ago

'He would be a terrible enemy': Trump warned against attempt to 'break up' with key ally

Raw Story  

Donald Trump has formed a powerful alliance with the wealthiest man in the world, but an analyst explained why the two men are unlikely to split anytime soon. The president-elect has been palling around with Tesla CEO Elon Musk after the tech mogul poured hundreds of millions of dollars into his election win, and while many observers are waiting for …

How Elon Musk got even richer after Donald Trump's election win
1 month, 3 weeks ago

How Elon Musk got even richer after Donald Trump's election win

ABC  

Elon Musk is the world's richest man and his new proximity to the White House is, for now, making him even wealthier and more powerful. "Mr Musk has made quite the bet by investing millions of dollars in the Trump campaign," said Matt Mittelsteadt, a research fellow at the Mercatus Centre at George Mason University. "He's really ingratiated himself with …

Jimmy Kimmel savages Trump’s new partner ‘Elonia Musk’
1 month, 4 weeks ago

Jimmy Kimmel savages Trump’s new partner ‘Elonia Musk’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Jimmy Kimmel has savaged Donald Trump’s relationship with billionaire Elon …

Elon Musk to be 'casually discarded' by GOP over his 'political suicide' plans: historian
1 month, 4 weeks ago

Elon Musk to be 'casually discarded' by GOP over his 'political suicide' plans: historian

Raw Story  

X CEO Elon Musk may now be in position to accumulate unprecedented power but historian David Nasaw believes that the clock is ticking on his ability to maintain influence over Trump White House policy. Writing in the New York Times, Nasaw runs down the history of king-making oligarchs such as William Randolph Hearst and Andrew Carnegie who believed that they …

Maggie Haberman Names 2 Narcissistic Reasons For Trump’s Zelenskyy-Musk Phone Move
1 month, 4 weeks ago

Maggie Haberman Names 2 Narcissistic Reasons For Trump’s Zelenskyy-Musk Phone Move

Huff Post  

LOADING ERROR LOADING Maggie Haberman put President-elect Donald Trump’s recent reported handing of the phone to billionaire X, formerly known as Twitter, owner Elon Musk during his call with Ukrainian President Volodymyr Zelenskyy down to two things. “I also just think it is that Trump likes to impress other people, and Elon Musk is the richest man in the world, …

Elon Musk sticking close to Trump, influencing US transition: Reports
1 month, 4 weeks ago

Elon Musk sticking close to Trump, influencing US transition: Reports

Al Jazeera  

The Tesla CEO, Trump’s most influential campaign backer, has turned into a key power broker in presidential transition. Tech billionaire Elon Musk is diving even deeper into the world of politics after Donald Trump’s election win, cosying up to the president-elect and offering him input on key administration hires, according to US media reports. Kai Trump, Donald Trump’s granddaughter, posted …

'Crazy capitalist over organised socialist': Ruchir Sharma on why billionaires back Donald Trump
1 month, 4 weeks ago

'Crazy capitalist over organised socialist': Ruchir Sharma on why billionaires back Donald Trump

India Today  

Investor and author Ruchir Sharma offered a candid analysis of billionaire support for US President-elect Donald Trump. The quote, from a well-known investment banker, summed up what Sharma considers a defining attitude: “I would rather vote for a crazy capitalist than an organised socialist.” According to Sharma, this line illuminates why influential financiers chose to back Trump in the election …

Elon Musk’s net worth tops $300 billion in wake of Trump victory
2 months ago

Elon Musk’s net worth tops $300 billion in wake of Trump victory

Deccan Chronicle  

Elon Musk’s net worth has surpassed $300 billion for the first time in almost three years, as shares of Tesla Inc. soar on bets that his close ties with President-elect Donald Trump will bolster the company.Musk has added more to his personal fortune since Trump’s win than anyone else tracked by the Bloomberg Billionaires Index. Trump also voiced support for …

Elon Musk’s net worth soars by $26 billion to hit $290 billion after Donald Trump’s presidential win
2 months ago

Elon Musk’s net worth soars by $26 billion to hit $290 billion after Donald Trump’s presidential win

Live Mint  

Tesla CEO Elon Musk’s wealth surged by $26.5 billion, over 12 per cent, to reach $290 billion shortly after Donald Trump secured a landslide victory in the US presidential election. According to the latest data from the Bloomberg Billionaire Index, Musk’s net worth jumped immediately on Wednesday, November 6, after the electoral victory of the Republican candidate. Elon Musk has …

Elon Musk's net worth rises $26 billion in a day after Donald Trump's election victory
2 months ago

Elon Musk's net worth rises $26 billion in a day after Donald Trump's election victory

India Today  

Elon Musk’s net worth soared by a staggering $26 billion after Donald Trump’s recent victory in the US presidential election ignited a rally in Tesla shares. Musk, the world's wealthiest individual and an ardent supporter of Donald Trump became a focal point during Trump’s victory rally in Florida. Trump praised Musk in front of a massive crowd, hailing him as …

Elon Musk's net worth reaches close to 300 billion USD after Trump's win in US presidential elections
2 months ago

Elon Musk's net worth reaches close to 300 billion USD after Trump's win in US presidential elections

India TV News  

Elon Musk's net worth surge: Elon Musk's net worth has reached close to 300 billion USD after shares of Tesla soared Wednesday following an election that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race. Donald Trump, who won the US presidential …

The Elon Musk effect: How Donald Trump gained from billionaire’s support
Trending News
2 months ago

The Elon Musk effect: How Donald Trump gained from billionaire’s support

Al Jazeera  

Tech tycoon played pivotal role in Trump win, pumping money into campaign and using X to megaphone hardline MAGA views. “The future is gonna be fantastic,” Musk posted on X as it became apparent that Trump would be returning to the White House. The future is gonna be fantastic pic.twitter.com/I46tFsHxs3 — Elon Musk November 6, 2024 The billionaire’s star could …

Elon Musk to join Donald Trump-led US Cabinet? SpaceX and Tesla CEO says…
2 months ago

Elon Musk to join Donald Trump-led US Cabinet? SpaceX and Tesla CEO says…

Live Mint  

Billionaire businessman Elon Musk has emerged as an ardent supporter of Donald Trump in recent months — from attending campaign rallies to donating more than $100 million to Republican causes. He nominated five people who were predominantly businessmen as Cabinet secretaries during his first term in office — including Exxon Mobil CEO Rex Tillerson, billionaire philanthropist Betsy DeVos, and former …

Elon Musk's net worth surges by over $16 billion after Trump win
Trending News
2 months ago

Elon Musk's net worth surges by over $16 billion after Trump win

Raw Story  

Donald Trump's victory in the 2024 presidential election sent shares of Tesla surging as much as 15% Wednesday, propelled by CEO Elon Musk's prominent role in the Republican's White House campaign and expectations that the company will benefit from proposed tax cuts and a deregulatory blitz. Dan Ives, an analyst at Wedbush Securities, wrote in a note to clients Wednesday …

Elon Musk’s ‘crazy’ plan to rip $2 trillion out of America
2 months ago

Elon Musk’s ‘crazy’ plan to rip $2 trillion out of America

The Telegraph  

Dressed all in black, Elon Musk let out a roar. At last week’s Madison Square Garden rally, the billionaire pointed to his black “Make America Great Again” cap proclaiming: “I am dark, gothic Maga.” Once a self-described “socialist”, Musk has emerged as one of Donald Trump’s most prominent and strident supporters in the final few weeks of the US election …

Elon Musk’s engagement on his X account ‘increased significantly’ since he endorsed Trump, new research says
2 months ago

Elon Musk’s engagement on his X account ‘increased significantly’ since he endorsed Trump, new research says

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Elon …

Musk to appear in court as part of Trump campaign suit
2 months, 1 week ago

Musk to appear in court as part of Trump campaign suit

Raw Story  

Billionaire Elon Musk was expected in court in Philadelphia on Thursday, after a judge ordered him to attend a hearing in a lawsuit seeking to halt his $1 million giveaways to registered US voters in swing states. Philadelphia's chief prosecutor Larry Krasner lodged the suit on Monday, calling Musk's project "an illegal lottery scheme", with the judge in the case …

Elon Musk agrees: Trump’s economic plans will lead to ‘hardship’ and cause markets to ‘tumble’
2 months, 1 week ago

Elon Musk agrees: Trump’s economic plans will lead to ‘hardship’ and cause markets to ‘tumble’

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Elon Musk agreed on Tuesday that proposed drastic …

The world's richest man, Elon Musk, is determined to get Donald Trump elected. What does he have to gain?
2 months, 1 week ago

The world's richest man, Elon Musk, is determined to get Donald Trump elected. What does he have to gain?

ABC  

When Donald Trump takes to the stage at New York's Madison Square Garden on Monday, he's expected to have the world's richest person on hand to help him rally the crowd. Elon Musk has emerged as a major player in the former president's election efforts, unveiling attention-grabbing initiatives such as giving away $US1 million every day until November 5. And …

Elon Musk's Billions on the Line as He Endorses Trump in US Election
2 months, 2 weeks ago

Elon Musk's Billions on the Line as He Endorses Trump in US Election

Firstpost  

Elon Musk, the world's richest man, has announced his support for Donald Trump in the upcoming US presidential elections. He has been actively promoting Trump's campaign on social media and through his X social media platform, which has over 202 million followers. Musk's pro-Trump spending group, America PAC, has spent millions of dollars supporting Trump's campaign, and he has also …

Elon Musk has regularly talked with Vladimir Putin — and faced 'implicit threats': report
2 months, 2 weeks ago

Elon Musk has regularly talked with Vladimir Putin — and faced 'implicit threats': report

Raw Story  

Tech billionaire and vocal Trump supporter Elon Musk has talked regularly with Russian President Vladimir Putin for at least two years, according to a new report. Several current and former officials for the U.S., Europe and Russia told The Wall Street Journal Musk has discussed personal topics, business and geopolitical issues, with Putin at one point asking Musk to avoid …

Elon Musk's Outsized Influence on Trump's Re-Election Campaign
2 months, 2 weeks ago

Elon Musk's Outsized Influence on Trump's Re-Election Campaign

India Today  

Elon Musk, the world's richest man, has used his social media platform and his enormous wealth to support Republican presidential candidate Donald Trump's efforts to get re-elected. He has provided at least $75 million to America PAC, a super PAC focused on mobilizing and registering voters in battleground states. Musk has also used his platform to promote misinformation and sow …

Musk's plan to tackle government debt with AI may have some merit, says ALEX BRUMMER
2 months, 2 weeks ago

Musk's plan to tackle government debt with AI may have some merit, says ALEX BRUMMER

Daily Mail  

There is a long and curious practice in US elections of ‘walking around money’. Debt buster: Tesla, Space X and X tycoon Elon Musk said that if Donald Trump is elected president, he would support a new 'Department of Efficiency' Musk is campaigning for the Republican candidate on a manifesto of cutting government spending. Data from the US Congressional Budget …

The inconvenient truth about Trump and Musk’s bromance
2 months, 2 weeks ago

The inconvenient truth about Trump and Musk’s bromance

The Independent  

To borrow the question famously posed by the late Caroline Aherne in character as Mrs Merton: “What first attracted Donald Trump to the multi-billionaire Elon Musk?” And, indeed: “What first attracted Elon Musk to the next prospective president of the United States?” These are legitimate questions, and their implications should trouble anyone concerned about the future of democracy in the …

With $75M gift, Musk joins right-wing billionaires bankrolling Trump campaign
2 months, 3 weeks ago

With $75M gift, Musk joins right-wing billionaires bankrolling Trump campaign

Raw Story  

Prominent members of the United States' billionaire class have shelled out massive sums in the final stretch of the 2024 campaign to elect one of their own, Republican nominee Donald Trump, to the White House, with Tesla CEO Elon Musk donating nearly $75 million in recent months to a super PAC supporting the former president's bid for a second term. …

The tweet that has finally taught Elon Musk a lesson
3 months, 3 weeks ago

The tweet that has finally taught Elon Musk a lesson

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Well, one …

Elon Musk signals he may spend as much as $180 million to elect Trump
5 months, 3 weeks ago

Elon Musk signals he may spend as much as $180 million to elect Trump

Raw Story  

Tesla, SpaceX and Twitter CEO Elon Musk is all in for Trump. According to a report Monday night in the Wall Street Journal, "Musk has said he plans to commit around $45 million a month to a new super political-action committee backing former President Donald Trump’s presidential run, according to people familiar with the matter." At $45 million a month, …

Tech billionaire Elon Musk pitches Trump new plan to police the vote: WSJ sources
7 months, 1 week ago

Tech billionaire Elon Musk pitches Trump new plan to police the vote: WSJ sources

Raw Story  

Tech billionaire Elon Musk is considering an alliance with former President Donald Trump — and specifically, an idea to help him try to police the election, according to a new report. The Wall Street Journal reported Wednesday a potential advisory role for Musk on Trump's team "hasn’t been fully hammered out and might not happen, people familiar with the talks …

Is Donald Trump broke? What his net worth has to say
9 months, 3 weeks ago

Is Donald Trump broke? What his net worth has to say

Hindustan Times  

Last night Donald Trump has said he couldn't secure a bond for his civil fraud trial in New York as 30 companies spurned his side. His attorneys have stated, “to obtain the bond, they would need to post collateral worth $557 million”—a task they consider to be a “practical impossibility.” Last week New York Judge Arthur Engoron ordered Trump to …

Cash-strapped Trump quietly courts billionaire Elon Musk: report
10 months ago

Cash-strapped Trump quietly courts billionaire Elon Musk: report

Raw Story  

Elon Musk flew to Florida Sunday to huddle with a cash-strapped former President Donald Trump facing a presidential campaign and civil court rulings adding up to more than $500 million, according to a new report. Musk — who owns X, SpaceX and Tesla — felt shafted by Biden in August 2021 when he invited electric car companies to the White …

Is America's infatuation with billionaires finally coming to an end?
2 years, 1 month ago

Is America's infatuation with billionaires finally coming to an end?

Salon  

It has long been evident that Elon Musk is a moron, at least to those willing to see it. For those of us who always thought Trump was a dingleberry, it may not seem readily apparent how much he's really gotten a boost from the widespread assumption that wealth comes attached to inherent smarts. As with Musk, Trump's gross and …

The fickle billions of our super-rich
2 years, 8 months ago

The fickle billions of our super-rich

The Hindu  

It would be a mistake to take billionaire spotting and gauging their wealth gap as anything more serious than Kaun Banega Crorepati. Part of the fiscal support is financed by asset purchases by central banks, so adding the two together to arrive at the total extra liquidity creation to keep economies afloat would entail double counting. Bloated valuation of stocks …

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