/prog/ - Increase Welfare! ^^

Name: Anonymous 2012-01-10 9:10

I don't even claim any, but still...
how can you get more and more money out of a system, without putting any more in..? Do you think there even was 70 trillion -or whatever- dollars 50 years ago?

Printing money much, gov?

Name: Anonymous 2012-01-10 9:15

Money is exchanged for goods and services.

Name: Anonymous 2012-01-10 9:29

/polecat kebabs/

Name: Anonymous 2012-01-10 9:44

>>1
Printing money much, gov?
You're free to use Euro or some other currency.

Name: Anonymous 2012-01-10 9:45

>>4
It does not matter. Fractional reserve models are all over the world

Also, i hate C# and Java

Name: Anonymous 2012-01-10 9:48

>>5
you can issue your own currency, while backing it with real value.

Name: Anonymous 2012-01-10 9:53

>>5
So find countries where the banks don't lend out obscene amounts of loans despite having a fractional reserve system. Australia is one such country.

Name: Anonymous 2012-01-10 15:58

Fractional reserve licensing.

Name: Anonymous 2012-01-10 20:58

I guess the point was, if they're going to print money they could at least let the poorest people spend it once first... (Not like they'll ever see it again anyway..)

Instead of just giving it straight to people who already have a lot of money?

Eg. if you look at the exchange rates, someone with a decent amount of money could probably quite easily make more just switching US $ with AU $ / etc at the right time... but where does this money come from though? Obviously doesn't cost the banks anything, so who pays?

Increase Welfare! ^^

1 Name: Anonymous 2012-01-10 9:10

2 Name: Anonymous 2012-01-10 9:15

3 Name: Anonymous 2012-01-10 9:29

4 Name: Anonymous 2012-01-10 9:44

5 Name: Anonymous 2012-01-10 9:45

6 Name: Anonymous 2012-01-10 9:48

7 Name: Anonymous 2012-01-10 9:53

8 Name: Anonymous 2012-01-10 15:58

9 Name: Anonymous 2012-01-10 20:58