Caleb Williams offered $1 million dollars

[Commercecomet24]

Caleb Williams offered $1 million dollars for year to play at Eastern Michigan.

Hey @CALEBcsw, have you considered Eastern Michigan, @EMUFB? If not, you SHOULD,? Batch wrote in his tweet. ?GameAbove Capital is prepared to pay you ONE MILLION DOLLARS for one year! Are you ready be an EAGLE??

Crazy stuff!

[HoopsDawg]

Take the money. Don't touch it. Invest it. Given a historical return, at 40, he will have 4.5 million.

[parabrave]

Take the money. Don't touch it. Invest it. Given a historical return, at 40, he will have 4.5 million.

I bet his financial advisor, Uncle or Preacher, has that taken care of.

[Leroy Jenkins]

Tax man comin' for these kids. Speaking of, in the future will states with no income tax have advantages in recruiting?

[redstickdawg]

I bet his financial advisor, Uncle or Preacher, has that taken care of.

unfortunately that is why so many of these young athletes are broke after having earned Millions before age 30.

[msstate7]

I have 2 wishes...

1. I wish we'd offer 1.25. I got a couple hundred on it haha

2. I wish leach would spend the offseason with kingsbury learning how to incorporate a dual threat qb and a te in this offense. This would really help the weakness of this offense, short yardage/goal to go

[msstate7]

Take the money. Don't touch it. Invest it. Given a historical return, at 40, he will have 4.5 million.

1 million now may be better than 4 million then if we don't run out of ink on our money printer (half an *)

[RiverCityDawg]

I have 2 wishes...

1. I wish we'd offer 1.25. I got a couple hundred on it haha

2. I wish leach would spend the offseason with kingsbury learning how to incorporate a dual threat qb and a te in this offense. This would really help the weakness of this offense, short yardage/goal to go

L.O.L. at the thought of Leach needing to sit with Kingsbury to "learn" how to incorporate a dual threat QB or TE. He doesn't do it because he doesn't want to, not because he doesn't know how. Maybe he should sit with someone that can convince him it's needed, but I doubt it...

[Maroonthirteen]

Charlie Batch, former Steeler and EMU player is Vice President at capstone holdings. Game above is under Capstone. Both companies are capital/investment companies ..... similar to the Human fund, "money for people", these companies are money for investors and startups.

https://capstoneholdingsinc.com/news...ic-investments

Seems legit****

[Lord McBuckethead]

1 million now may be better than 4 million then if we don't run out of ink on our money printer (half an *)

Inflation will wind down, the second the fed raises interest rates. To tell you the truth, it should have been raised multiple times over the last 5 years to balance growth and inflation.

[viverlibre]

I wish leach would spend the offseason with kingsbury learning how to incorporate a dual threat qb and a te in this offense. This would really help the weakness of this offense, short yardage/goal to go

That would cut into him spending time on his first love, Key West.

[RougeDawg]

Inflation will wind down, the second the fed raises interest rates. To tell you the truth, it should have been raised multiple times over the last 5 years to balance growth and inflation.

Technically true. But when around 33% of all US dollars ever ?printed? have been created within the last 2 years, every dollar had prior to, is now worth $0.75. So everyone with anything of value got a 25% tax. But because people got some small stimulus check, they do not care that they got this tax on everything they have.

Unless they stop printing, they?ll have to raise interest rates to early 80?s levels to keep up. Too many dollars chasing fewer goods. Production is down while available money is up. Recipe for disaster whether rates go up or not. It?s almost in a runaway reaction status.

[Johnson85]

Technically true. But when around 33% of all US dollars ever ?printed? have been created within the last 2 years, every dollar had prior to, is now worth $0.75. So everyone with anything of value got a 25% tax. But because people got some small stimulus check, they do not care that they got this tax on everything they have.

Unless they stop printing, they?ll have to raise interest rates to early 80?s levels to keep up. Too many dollars chasing fewer goods. Production is down while available money is up. Recipe for disaster whether rates go up or not. It?s almost in a runaway reaction status.

You can't just do that math because there is a supply and demand for dollars, the goods and services available to purchase with dollars are not fixed, and it ignores secondary money supply.

Not that I don't agree that "printing" money the way we have is a bad idea, but it's not simple enough to reduce to arithmetic. Plus, it wouldn't be anyting of value that got a 25% tax, it would people holding dollars.

[Catfish]

Caleb Williams offered $1 million dollars for year to play at Eastern Michigan.

Hey @CALEBcsw, have you considered Eastern Michigan, @EMUFB? If not, you SHOULD,? Batch wrote in his tweet. ?GameAbove Capital is prepared to pay you ONE MILLION DOLLARS for one year! Are you ready be an EAGLE??

Crazy stuff!

College football players will make more than some NFL players. What's next, salary cap?

[Maroonthirteen]

College football players will make more than some NFL players. What's next, salary cap?

No they won't. At some point these businesses have to have a return on investment. At some point a business revenue will plateau from social media marketing. Then it won't be worth $1M expense in marketing.

If this is just a shell to pass money through, at some point Johnny Alumni is going to be tired of the $1m player bill, season tickets, donation and all other family expenses that go along with a football program finishing less than a champion.

[SilentSteel16]

You can't just do that math because there is a supply and demand for dollars, the goods and services available to purchase with dollars are not fixed, and it ignores secondary money supply.

Not that I don't agree that "printing" money the way we have is a bad idea, but it's not simple enough to reduce to arithmetic. Plus, it wouldn't be anyting of value that got a 25% tax, it would people holding dollars.

It won’t be just people holding dollars, it would be people holding property and other items paid for with dollars. If you had 500k worth of land and house and the value of the dollar decreases then your value of the original 500k decreases as well. Hence everyone loses money. If you are a renter then it won’t effect you but if you have bought and paid for everything it will effect resell value. 401ks would take a hit as well because stock won’t be worth as much at .75 cents on the dollar. Why do you think they are pushing crypto so much? It devalues the dollar as well although I don’t see that taking over just yet.

[Johnson85]

It won’t be just people holding dollars, it would be people holding property and other items paid for with dollars. If you had 500k worth of land and house and the value of the dollar decreases then your value of the original 500k decreases as well. Hence everyone loses money.

If you have $500k worth of land in say France, and the dollar depreciates 25%, then your property will now be worth something like $666.7k, plus or minus any appreciation/depreciation of the property. If you have $500k worth of land in the US, and the dollar depreciates 25%, then your property will be worth something like $666.7k, plus or minus any appreciation/depreciation of the property. The only difference is that you're property likely will have depreciated at least some if it is in the US because the drop in the value of the dollar is going to make imports more expensive, which will make people poorer, and will probably result in your property value going down also, although that's going to be location dependent, but it's very unlikely to be the same amount as the dollar depreciated. That's why people think of real estate as an inflation hedge. If you are holding $500k of gold, and the dollar depreciates 25%, gold may be worth more than $666k (probably not though; historically, gold is not as good of an inflation hedge as people think, at least if you are looking over moderate lengths of time; neither is real estate; stocks are actually a better inflation hedge than both historically).

If you are a renter then it won’t effect you but if you have bought and paid for everything it will effect resell value. 401ks would take a hit as well because stock won’t be worth as much at .75 cents on the dollar. Why do you think they are pushing crypto so much? It devalues the dollar as well although I don’t see that taking over just yet.

If you are a renter it will impact you more than if you are an owner because you will be subject to the market, so the landlord, if they are able, will jack up rent to reflect the fact that the dollar isn't worth as much. If you are an owner, your imputed rent will just go up. 401ks may ore may not take a hit in real terms, but in nominal terms, they will generally go up (which is consistent with what you have seen this past year; a lot of the return in the stock market is just a reflection that the dollar is worth less, so stocks are relatively more expensive when you are pricing them in dollars; If you are pricing them in crypto, stocks will have depreciated (at least over a time that crypto gained more compared to the stock market in dollars).