refute this
protip: you cant
Refute this
Aiden Hill
Other urls found in this thread:
Brayden James
Even if this weren't a problem for domestic trade (it is), the existence of other countries makes devaluing your own currency a non-good thing. I'm not even an economist and I understand that at a basic level. You don't exactly have to be David Ricardo to put 2 and 2 together...
Kevin Bell
Except usd (for now)
Charles Collins
> be world reserve currency
> other countries buy your treasury bonds
> devalue your own currency by printing all the money you need
> devalue other countries' investment in your bonds
Genius plan. Can't see anything going wrong.
Benjamin Brooks
Thankfully if TSLA is any indication, traded value of the US's currency will exceed its apparent ability to pay for a few more decades, so we can move our value into something else, like swiss francs.
It's still really scary. I miss the days when I didn't think about the markets and monetary policy, but 2020 forced me to take it seriously or end up in the poorhouse.
Asher Cook
People like this dont understand basic supply and demand.
Kevin Nelson
False. We are the reserve currency so we can withstand debasement because assets are held in USD or are valued by USD. If more countries start to move into assets that are denominated by a rising currency (Yuan), the effects of debasement will kick in. I believe the Yuan’s price is suppressed. Once the US prints itself out of the hearts and minds of other countries only to be replaced with the Yuan. I suspect that the CCP will halt price suppression and enjoy a meteoric increase in their wealth. It’s the perfect plan. We are fucked.
Kevin Morgan
Not money, but we could soon have enough energy.
Matthew Turner
Doesn't understand the difference between currency and money
Jose King
Got it, buying Yuan right now.
Hello Rich Street!
Jaxon Wright
YES HE’S SO FUCKING RIGHT I CANT REFUTE THAT LET’S PRINT JILLIONS OF DOLLARINOS AND MAKE EVERYONE FUCKING BILLIONAIRES WHAT COULD POSSIBLY GO WRONG
Nolan Carter
If it's for war or corporate bailouts ->limitless money available
If it's for education, healthcare for poor ppl -> How do we pay for it?!
The Oligarchic States of America
Joshua Miller
Brrrrrrr
Joseph Ramirez
This
But also this.
Ian Lewis
Could you imagine?
a "mindfulness bank"
by just sitting there in some designated spot
if you can meditate for a year.
through existential exchange you actually get
.0017% of your time back.
your awareness appreciates 2.05%
if you dont keep regular deposits you suffer a -1.5% karmic penalty
Grayson White
They want money to work.
you know the rules about wealth.
Cooper Jackson
AHEM
BLOCKS YOUR PATH
youtube.com
Christopher Ortiz
People like this can vote. That's why I'm anti democracy. There should be mandatory iq and political knowledge tests. The more ignorant they are, the more arrogant. Giving cattle internet was a mistake.
Logan Morris
Also you should be able to sell your vote on the market.
Juan Turner
fiat money:
>backed by debt
this guy's printed money:
>backed by feels and social justice
Liam Sanchez
Countries don't issue their own money. You shouldnt be here if you don't know that.
Hunter Howard
>countries that print money can never run out of money
imagine being this retarded
Connor Ward
That’s a disastrous idea.
Zachary Anderson
This should be a permanent global ban:
>post by this id
>sreenshot from Twitter
Refute this
Protip you can't
Logan Anderson
The guy in the op is probably in debt up to his eyeballs and is high IQ and elite enough to know inflation will massively benefit him.
Nathan Fisher
This is how you get an one nazi party political system.
Adam Morales
For society, maybe. But as a libertarian it's great for me because I have the option to let the Democraps and Republicunts fight over my vote.
Meanwhile ideologues won't sell their votes because they are already known to the parties.
It's free money.
Furthermore, consider a scenario where 49% of the country like candidate A and thinks candidate B is literally Hitler. Meanwhile, the other 51% of the country thinks candidate B is only slightly preferable to candidate A.
Candidate A voters can pay candidate B voters a small sum to vote for A. It's a voluntary contract where the whole country is left happier.
Sounds pretty based to me.
Jacob Harris
>proudsocialist
Ayden Carter
How do people like this even manage to live so long
Isaac James
This is honestly a million dollar idea.
>move to swingstate if not already in one
>every election cycle sell your vote to the highest bidder.
>profit
Imagine how much some dumb partycuck will pay you for your stupid vote thinking it'll change anything.
Aiden Bailey
I mean, the partyfags are shooting both themselves and us in the foot in one way or another by voting for corrupt candidates. At least we should be able to cash in on their religious fervor.