/biz/ - Business & Finance

[Anonymous No.21065537]

>"hahah, oh anon, you really think the US government is printing money out of thin air? Haha, no developed country does that. That's something only failed African states are doing!"

[Anonymous No.21065686]

>>21065537
muh inflation is bad
Inflation is very healthy for an economy, it encourages spending and creates greater circulation of wealth within the nation. This has literally always been the case.

[Anonymous No.21065712]

>>21065686
>Muh devalued false debt economy is good for the country

[Anonymous No.21065747]

>>21065686
That must be why there are all those charts showing that once we left the gold standard and started just printing money the wealth gap got smaller.

[Anonymous No.21065842]

>>21065686
its so good that banks are on the brink of having negative rates on savings
WOW thats so cool
now you can lose all your money not only to inflation but also pay your bank to use YOUR money to gamble with

[Anonymous No.21065989]

>>21065712
>>21065747
>>21065842
>why isn’t the monetary system how *I* want
are you guys free market capitalists or what
yeah it’s not fair to smalltime savers but deflationary currencies got outcompeted by fiat, deal with it

[Anonymous No.21066001]

>>21065686
>one's money decrease in value every year due to inflation
>hence, it decreases one's buying power as result
>it encourages spending
How?

[Anonymous No.21066062]

>>21066001
Spend now rather than later Bc more bang for buck anon. Cmon this is easy

[Anonymous No.21066201]

>>21066062
>more bang for buck
Ah, I see. That makes sense from a consoomer's perspective. But I see money as a tool for investing; something to be processed in order to make more money.

[Anonymous No.21066215]

>>21065989
free market is great, just stop all the usury aka j&wish individuals

[Anonymous No.21066249]

>>21065989
(((Outcompeted)))

[Anonymous No.21066264]

>>21065989
Lol, we don't have a free market. We have crony capitalism at best.

[Anonymous No.21066331]

>>21066062
exactly and most people are short term instant gratification seekers so having even a slightly logical incentive to spend immediately just tips them over the normie scale

[Anonymous No.21066517]

Printing is necessary because of interest. Without monetary creation interest becomes impossible to pay (money velocity can't go up infinitely). In practice this means artificial deflation that lowers prices not from better production but from shrinking money supply, which transfers wealth from productive people to cash hoarders.

The current monetary system is great, the problem is with everything else.

[Anonymous No.21066541]

>>21066062
OH MY GOD OH MY GOD OH MY GOD!
I-... I-Is that LEGO in your ID?! That's like the stuff of legends!

[Anonymous No.21066578]

>>21065686
>it encourages spending
You must keep spending and working, goyim!! Consume my product!!!

[Anonymous No.21066616]

>>21066215
I tell my ashkenazi fuck toy to get in the kitchen and make me a j&wich every day after using my dick to stretch her nostrils

[Anonymous No.21067154]

It's no surprise people have no grasp on how central banks actually operate these days, even the course books in econ are outdated.

[Anonymous No.21067293]

>>21066201
congratulations, you see through the rat race facade

>>21066517
The monetary system is merely forced to pick up the slack of the regulative and fiscal branch and it's amazing to see the paradigm change. Now we just need to see what collapses first

[Anonymous No.21067324]

>>21065989
>free market
lol funny guy
central banking is a literal communist idea

[Anonymous No.21067428]

>>21066331
Bingo. Normies out there want to spend rather than save, it’s just the little push they need.

[Anonymous No.21067465]

>>21066541
LEGO

[Anonymous No.21067548]

>>21065686
Taxing savers is theft