Free suckers
The phrase "There's no such thing as a free lunch" popularised by economist Milton Friedman has been confirmed at a great cost by President Trump meme buyers.
The biggest Trump meme coin 'investors' joined him for an 'Exclusive' Dinner, but why? The word investor has rarely been so misused given how these are very wealthy individuals who have paid up to $US115 for a memecoin now selling at about $US22. They are people who are buying an expensive ticket to probably a nice dinner and a minutes word with the President on the assumption of a four-hour meal for 220 people.
One estimate was that $US148 million was spent to buy this access, which would have fed a million people for a week, at least. The word 'corruption' features in many of today's newspaper reports but everyone can make up their own mind about the matter.
There is rarely a more apt comment than the one associated with P. T. Barnum, "There's a sucker born every minute.'
Dennis Fitzgerald,
Melbourne, Australia
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