Please explain to me how the U.S. can run out of dollars.
Money is infinite? Good talk.
Edit: Let me elborate:
Letās say your dad walks into The SpankDome and gives you a bill he prints, valued āOne Hand Job from the Girl of Your Choice.ā You take it to Hangela, the Blind, Homeless Lady Who Lives in a Van Down By The River, and get a hand job. You go home and say to yourself, āHer hand was kind of rough and calloused, but that was pretty good.ā You then get on your dadās computer and print up another Hand Job note. You go back to Hangela. She knows the bill you gave her is worth nothing, so she doesnāt accept the next one. The Hand Job note that, in its heyday, was worth one hand job, has been devalued to the point of worthlessness. You can print as many as you want, and theyāre still worthless.
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You said it yourself, it canāt create currency it issues it. By your logic, the government could print $30T worth of bills to pay off the debt with no consequences. However, since people have logic and would go āhow the hell did all this money get injected all of a sudden when GDP didnt increase?ā and those people and retailers (who are, as you say, currency users) would lose faith in the value of the dollar and would no longer accept it for what its worth - leading to; surprise, surprise, massive inflation (kind of like we are seeing now). Fiat currency only works when people believe the money has value.
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Just inject about 4 trillion in fake money into the economy as one willsā¦
Wait, Congress did that the last 2 years and now we are pushing 9% inflation and stagnant wagesā¦imagine that.
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It is almost like the ādogmaticā rules of economics actually apply in real life. The problem with people with his views is they donāt live in reality and it is always someone who really has nothing and has seen nothing of the world.
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I bet if theyād consulted with @castoli first, he could have shown them how to do it better.
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Printer go brrrrrrrrr.
Happy ending. All problems solved.
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@castoliās 2022 economic plan:
(in Billy Mays voice) But wait, theres more!
(The last one is actually a video of @castoli I heard)
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If that happens your arsenal will have to go brrrrr, brrrr, shortly thereafter
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Infinite BRRRRRRRRR.
The only limit is how many digits we can go digitally.
We will brrrrrrr ourselves into prosperity and the new age.
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@castoli Do you really believe there is no limit to the amount of money the government can print with no negative ramifications? Iām really hoping you just havenāt explained yourself well.
Doesnt money grow on treeās, lol
Fiat currency has value because it is needed. What else can you pay a tax liability with? Gold? Bitcoin? Go ahead and try it and let me know how it went.
How is creating currency and issuing it different?
Just another person who doesnāt understand how inflation is created. Thinks money causes inflation. How uneducated. Keep highlighting your ignorance.
I feel sorry for how ignorant you are. If only it just affected you, but it doesnāt and that is the truly sad part.
How ignorant can one person be? just go back to your bedroom that is spattered with My pillow Guy posters.
Money is affected by resources. Get it? Probably not. Still thinking along the gold standard parameters even though itās been 50 years since weāve been on one.
Hahahahahahahahahahahahahaha
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Isnāt that what everyone has been telling you?