/biz/ - Business & Finance

[Anonymous No.14581388]

How can debt be a thing when we can just like print more money? We make policies and fight each other over problems we could erase overnight with a printer.

[Anonymous No.14581471]

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[Anonymous No.14581491]

>>14581388
>what is inflation
GET OFF MY BOARD YOU FUCKING IDIOT

[Anonymous No.14581517]

>>14581471
>>14581471
Sure is summer in here

[Anonymous No.14581557]

we need permission in the form of demand from supragovernmental financial interests to print more. we can't just do it under the current system without offending them to the point where they would want to retaliate

[Anonymous No.14581582]

>>14581388
Interesting..... how much for one of these printers you're selling OP?

[Anonymous No.14581604]

>>14581388
we can print money but we can't print enough monster energy drinks to buy with the money

[Anonymous No.14581637]

DUDE JUST GIVE EVERYONE ONE THOUSAND USD EVERY MONTH LMAO

[Anonymous No.14581643]

thats why shitcoins were created. Anyone can print some internet tokens without it being added to the world inflation. Then keep the speculative bubble coming and going resulting into boom/bust cycles but more money is being added to the financial supply. This will offset the debt that was created. Shitcoins are unironically our saviour.

[Anonymous No.14581681]

Mr. Sanders, for the millionth time, that's not how it works

[Anonymous No.14581757]

>>14581388
These children are playing with "blocks" made from wads of bills because of mass devaluation. Our current problems are nothing in comparison, theirs were so bad they figured becoming Nazi's was the only solution.

[Anonymous No.14581831]

>>14581388

[Anonymous No.14582023]

>>14581388
Hello newfriend. I will "ELY5" as they say. You are in charge of a new country, Frendustan. You notice that the locals barter milk for eggs and goats for brick and bread for a day's labor. Since this process is inefficient, you decide to give them a middle step that everyone will accept as a "stand-in" for their milk or eggs or bricks. That way the bricklayers don't have to procure goats before getting bricks. At first you try gold, but you find that gold is very scarce (and expensive), so instead you decide you'll just give everyone a piece of paper with a picture of Apu on them instead. You tell them that if you have these Apus, you can pay the government with them instead of giving the government your goats, milk, bricks, etc. Everyone likes the idea. So you give them Apus and they give you back Apus.

The goatherds take Apus and can buy bags of cowshit with them. And you can use your Apus to buy stuff your government needs, like swords and thrones. Then you get the brilliant idea that you can get those swords and thrones essentially for free by printing up more Apus. But as you do, you notice that every day the blacksmiths are asking for more and more of those Apus for the same amount of swords, and you find out that the milkmaid is asking for more and more Apus to buy her milk. What used to take only 1 Apu to buy now takes 100. That's because 1 Apu is only worth the total economic activity of the people using Apus divided by the total number of Apus in circulation. As you increase the supply of Apus, the value of a single Apu drops. Additionally, no other country wants to give loans to Frendustan because they know that the value of an Apu will be worth much less when the time to repay the loan arrives.

[Anonymous No.14582087]

>>14581757
>poor people decide a chimp out is the only solution instead of realizing they could have just switched to precious metals

[Anonymous No.14582469]

>>14581388
You sound like my fucking wife.
Get back to the fucking kitchen and get your pants off.

[Anonymous No.14582541]

>>14581388
>he actually thinks its this easy
Lmao we lost the tech to create printers centuries ago

[Anonymous No.14582759]

>>14582469
Thats not very nice.