Reminder Nips may have weebshit, but we have FREEDOM

Reminder Nips may have weebshit, but we have FREEDOM

Other urls found in this thread:

en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
twitter.com/NSFWRedditVideo

Sorry, Trump's selling you out.

>Stan Lee

?????

>Robama

What did they mean by this?

>Robama

Isn't that just Cyborg with an Obama sticker on him?

Weebshit is something gaijins do you fucking retard.

>Federal Reserve Bank isn't owned by the USA
>USA can't print their own money
What did they mean by

>having a federal reserve bank

>we have FREEDOM
The greatest lie Americans are told.

nothing good comes from printing your own money.

Yes.

He worked on Heroman

how so?

economy retard here.
why is printing money bad?

Yes it does

>WE

...

causes inflation. the more dollars in circulation, the less they are worth.

money has to have a value placed behind it or its worthless.

But on the bright side, more jobs

Read this: en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe

Zimbabwe was a mistake.

...

You do realise, don't you, that as new bills are printed and put into circulation old bills are removed from circulation and destroyed? Sure there's slightly more new coming than old going, but it's not at the point where something that would cost $10 on Monday costs $50 on Wednesday, which is the level of fuss people make about inflation.

Then, Venezuela.
Where people are lazy cunts whining and bitching for handouts but refused to even lift a hoe even for food.
They think printing more of their currency will help them when they balk at putting any work to produce food for their countrymen.

In more ways than one.

Is he still waiting for that coffee

That's because the government has no direct control. governments have bad track records with money making because incompetent people like to fuck up. By making it outside the government you stop it because there are stopgaps that exist..

that place got fucked up by chavez who thought only putting everything into oil would work.

...

>"Facing dought; Zimbabwe says it s selling off wild animals"
I fucking hate this country.

>why is printing money bad?

Both fiat and commodity backed have their own set of problems. There is no perfect way of storing value.

Printing legal tender money leads to inflation, tying money to some limited resource leads to deflation. Neither is desirable. Ideally the amount of money in circulation should be in equilibrium with the amount of goods for consumption and the amount of investiment in an economy.

The world favors fiat money since the beginning of the last century because there is no way of fighting mass insolvencies resulting from capitalism crisis like the one we had in 1929 and 2008 without expanding the money supply.

that's the spirit

>economy retard here.
>why is printing money bad?
Like many things it's not bad unless you over do it.

WHERE'S MY FUCKING COFFEE?

>that place got fucked up by chavez who thought only putting everything into oil would work.

I blame him too of course but the people there in general are also at fault for relaxing about shitposting and gossiping when the price of oil is fucking high and they are pretty well-off compared to their neighbors.

They could have launched many private initiatives to diversity their economy just like what many states in America did but those faggots rather play property games by investing their money, not even in their country, but in western European capitals, hoping for big payoff.

>thinks quantitative easing is a good thing

This guy is right. You have to print more money to keep up with the expanding availability of goods in an economy. If you don't print money then the same amount of money is now chasing after more goods meaning they'll have a tendency to become cheaper and introduce the tendency to delay consumption in the habits of consumers. This leads into a deflationary spiral.

Which is why it is better to leave that work and decisions on a board of experienced financial veterans who have everything to lose if our economy goes belly up rather than dumping it on the latest ideological/religious retard voted in via high school popularity contest method into power.

Which is a nice theory, but experienced financial veterans who have everything to lose if the economy goes belly up caused the global financial crisis, and wound up not actually losing everything.