But you can actually do that, it’s how the collectible market and other worthless trash like NFTs inflate value.
Someone buying at the inflated value makes others think it’s actually worth that and might convince them to buy as well. The “sale” is part of the con, as the conman passes money from his right hand to his left and calls it demand.
I agree with the gist, and I’m probably dumb but how would he both sell high and sell to himself?
Not “to himself” sold a bit himself.
But you can actually do that, it’s how the collectible market and other worthless trash like NFTs inflate value.
Someone buying at the inflated value makes others think it’s actually worth that and might convince them to buy as well. The “sale” is part of the con, as the conman passes money from his right hand to his left and calls it demand.