Just let that sink in

Just let that sink in...

Other urls found in this thread:

m.youtube.com/watch?feature=youtu.be&v=t5ayg3hbhoM
youtu.be/MMGDXhckHM8
goarmy.com/benefits/education-benefits.html
cato.org/pubs/pas/pa-298.html
twitter.com/NSFWRedditGif

If we just made infinite money, it would be worthless you fucking mong

almost every country prints its own money...

printing money cannot just be something done when you need money. It has a big impact on the world/country's economy. Print too much money and you won't have any funding for schools because a desk will cost $1000 to manufacture.

fuck, why am I so easy to bait???

Imwithher# now.

Oh I hate money now

Wtf i hate money now

Maybe the problem is kikes

really makes you think...

a dollar will always be worth a dollar you retard, it's written on the fucking bill

fpbp

Always hated money

Nice bait

Anyone can get an education or get food in the USA if they tried. Fuck off McGibs.

thats why you lend money from other countries, but pay them back with the printed money

Worked really well for Zimbabwe.

The Federal Reserve creates " Legal Tender" not the Federal Government.

Funny thing is it unconstitutional to do that

America doesn't print it's own money dummy

Er... the fuck you print your own money.

The Federal Reserve plucks its own money out of thin air which it then LENDS to the US and your income tax pays it back, with interest.

The biggest con in the history of the world.

m.youtube.com/watch?feature=youtu.be&v=t5ayg3hbhoM

/thread

the fed doesn't create money, the treasury does

>it's

Fuck the 1%... If we seize their money printers we can all be billionaires!

>Just print more money!

Bullshit; we spend more per student than almost any other country. But you can't fight demographics with money.

Why dont you help them then you slacktivist?

Inflation. Aside from that too much money is spent on the military. If it was cut in half the whole country could have free post secondary education and the budget would still be bigger than china + russia'sx2

that still begs the question, what is the US of A doing with the money that it creates? those feds are covering many costs, to be certain, but they still have inadequate funds for education or the homeless? just shows the somewhat skewed priorities of our government.

just contraried the contrarians.

Damn... really stimulates my cerebral cortex...

See
From the feds own mouth?

whatchu mean demographics, son?
genuinely interested

-1/10

This sounds wildly wrong but I can't put my finger on why.

I love Facebook economists!

if the homeless were not fed they would die.
They also raise up to 200 a day panhandling

Can't you? The american black gets significantly better scores than any black country on earth.

I'll take "inflation" for $16.8 trillion, Alex.

There is no study or stat that shows more education funding = better results /thread

Really activated my mind almonds

Yet no one cares about the homeless either. Let that sink in, burger

Zimbabwe says hi.

>Captcha: Find all the bread.

Kek

That's exactly what the US does, but just take away the whole "pay them back" thing.

Having an economy itself is inherently fucked. It only works if you have faith in the object you are using is worth something. IN reality this should never work but the ONLY thing keeping this shit going is just the good faith of the currency we use on shit.

...

We are also right at the top for education funding.In my district, we spend about $16,000 per student. Which is more than the per capita INCOME of 95% of the rest of the world.

t. 1916 Europe

>what is the US of A doing with the money that it creates?
Easy, It's going overseas. In fact, a significant majority of American cash is in foreign countries.

Keked out loud

We're using it to pay for social security and medicaid.
49% of our entire budget is dedicated to fucking pensioners. We spend 3x as much on those old dying pieces of shit than we do on our military, which should really tell you something.

Cut old peoples gibsmedat program even by 25% and we'll have so much money we won't know how to fucking distribute it properly

The only reason we print money is so that we can give half of it to the jews without anyone noticing.

Every dollar printed is considered "loaned" from them.

Wrong picture.
In fact if you include VA benefits 57% of our entire budget goes to welfare bullshit

Fat hobos 100% American thing. What is this picture bitching about?

>If we just made infinite money, it would be worthless you fucking mong

You mean...like we're doing right now to bailout bankers and prop up Wall St?

This.

The FED doesn't simply print money, they loan it into existence and charge interest on it. It's the biggest scam in existence.

WOAH

guise what if we make more moni and give it to all the poor people?

RACIST

You forget that these old people pay taxes and most likely worked from a young age right up until they retired

They fucking paid in more than the niggers and spics that rob you

Wait you guys don't collect it from the Synagogue? Wtf

Don't we already feed the hungry? Feeding them won't get them jobs, user.

THIS

What does "feed the homeless" even mean? We should set up little "free food if you don't live anywhere" stands all over the place?
Last I checked homeless shelters and soup kitchens were a thing. Get a fucking job.

Zimbabwe prints it's own currency, too.

Each unit within a currency represents one share of that societies' resources. Printing more money simply dilutes the existing shares.

This is incorrect and a giant misconception.

The US government can not create its own money. They've relinquished that power to the Federal Reserve in 1913.

When the US government needs money, they have to sell bonds to the Federal Reserve.

This is another misconception.

Nazi Germany increased their own money supply without any inflation.

If supply increases along with demand, you have no inflation and no devaluation of a currency's purchasing power.

"Schacht actually disapproved of this government fiat money, and wound up getting fired as head of the Reichsbank when he refused to issue it (something that may have saved him at the Nuremberg trials). But he acknowledged in his later memoirs that allowing the government to issue the money it needed had not produced the price inflation predicted by classical economic theory. He surmised that this was because factories were sitting idle and people were unemployed. In this he agreed with John Maynard Keynes: when the resources were available to increase productivity, adding new money to the economy did not increase prices; it increased goods and services. Supply and demand increased together, leaving prices unaffected."

HOW COULD WE HAVE OVERSEEN THIS?!

Taxes don't go to the government. They go into the pockets of private citizens who own Fed. Reserve stock.

The government gets their money from borrowing from the Fed Reserve via selling bonds.
Taxes are used to amortize the loans.

Taxes do not have to exist.

gr8 b8 OP I r8 8/8

>1 post by this ID

Nazi Germany's economy was also reliant on the military seizure of other nations' financial reserves, so it's perhaps not a superb example for long term stability.

Nazi Germany's economy was prospering even before the war.

It's not just Nazi Germany.
The US from the end of Jackson's term to the establishment of the Fed Reserve also experienced rapid growth without any inflation because the government controlled their own money supply.

There is nothing wrong with a country printing its own money supply.

Zimbabwe's issue is that they kicked out the productive whites and left their infrastructure to unproductive Africans.
Production of goods went down immensely, which lowered supply and raised demand.

You should look at a country like Nazi Germany, which actually had a productive population.
Both supply and demand increased under Nazi rule, which is why their currency never depreciated in value even though they printed a shitton of cash.

10/10 meme, a lot of these people sound like they actually took the bait

I know that picture is meant to be an attack on the government printing its own money, but it's a valid question.

There is no reason for the government to have to borrow money from the central bank to fund its budget and then tax its citizens to amortize their loans. It's pure insanity.

The biggest red pill in the world is that taxes do not have to exist.

This should be a question in the test to earn the right to vote.
Whoever can't understand how money works has no issue deciding how money will be spent.

sheeeeet white people just don't want us having money n' sheet, just see how rich my african kangs and queens be when no whitey to get in the way

...

This actually works, but the downside is more inflation which hurts consumers.

But we do feed the hungry and fund education. And in point of fact almost all countries print their own money. Do some research, faggot.

Then no one will be able to vote because only a couple thousand people actually know how money works.

I guarantee that you don't know how it works.

>And in point of fact almost all countries print their own money.

Incorrect.

We do not print our own money. What is the Federal Reserve Act of 1913?

wat if we just stop maaking money and everyone hold their moneys and then the money will be worth like a shit ton because of deflation so everyone with 100 dollars is like millionaire :D

Projecting hard there, m80.

but Zimbabwe doesn't have military bases in 3/4 of the world + a navy that outgun the rest of the world combine
and if someone refuse to use zimbabwe money and ask for gold instead zimbabwe can't just overthrow them or create a " revolution " in the country

you can print your own money if you have the military power to force everybody else to accept it for the value you want

Prove it then.

Can you explain why there is an income tax?

Sometimes I wonder how countries can repeat the same mistakes throughout history, especially when it comes to printing money.

Then I see shit like this and the mystery disappears.

>a desk will cost $1000 to manufacture
that's pretty much what they charge the schools already. I noticed that most schools do the same budget-fudging that the military and insurance companies do. basically spend $1000 for a $200 desk and maybe get $600 back for any costs they don't want on record. Company gets and extra $200 dollars and the school officials can do whatever they want with the rest of the cash, including embezzlement

you must spend/print/gointodebt to have an economy. What do you think we would do if we magically paid off our 20 trillion dollar debt? we'd go into more debt by sheer necessity. that's the way the game is played. Trump was right when he said the US will never default - because it prints the money.

youtu.be/MMGDXhckHM8

That's because people don't know how the central banking system works.

Any country that opposes a privately-run central bank gets dragged into a war with the whole war.

relax fag u have free education there just join the army they pay that sheeit
goarmy.com/benefits/education-benefits.html

>Nazi Germany's economy was prospering even before the war.
from nationalizing the Czech auto industry and Austrian gold reserves

Rlly maeks u dink.

Also,
>1 post

Trump is incorrect because he doesn't understand how money is printed.

Last I checked, his IQ was only 115, which isn't high enough to understand the scam of the central banking system.

To start, the US does not print its own money. That power now resides with the Federal Reserve, which is not a government agency.

The Federal Reserve loans out the money to the government, who must now pay that principal back with interest (Hello, income tax).

USA is very strange

for international trade to run smoothly, needs to be a foreign demand for US currency. reason foreigners would want US currency is to buy American goods.

thing is, we don't actually manufacture that much stuff, so there shouldn't really be a demand for US currency outside the USA (disregarding the fact that many smaller nations actually use our currency or peg theirs to ours, because of its stability)

so who wants the currency? well turns out, we have an agreement with the Saudis. we agree to buy all/bulk of our oil from them, provided they demand US currency for all other major foreign transactions. thus an 'artificial' demand for US currency is created, one derived from something other than a demand for US goods.

the only way to maintain this house of cards is to ensure a global demand for Saudi oil. aka fuck shit up in the middle east and be a superpower so nobody can fuck with you.

reason we're having issues with Russia ATM is because they're attempting to create a pipeline that would decrease demand for Saudi Oil, effectively wreaking havoc on US economy

If the government doesn't borrow or collect taxes, and funds itself through the printing of money, that causes inflation. When you're dealing with a beast as large as the US federal government the inflation would be insane.

Borrowing has it's place, though it shouldn't be the main source of funding as it is now. Taxes are by far the best method for funding a government, especially a representative democracy, since it avoids inflation and debt and binds the populace together as everyone contributes to what is seen as a collective service.

Are you asking why does it exist or why is it justified?

>throwing more money at schools is the solution

k

cato.org/pubs/pas/pa-298.html

>from nationalizing the Czech auto industry and Austrian gold reserves

No. From printing their own currency and outlawing a private central bank.

Nazi Germany's currency was not backed by precious metal. They called it "value labor", which means exactly what you think: Their currency was backed by labor.

With the government printing what it needed, there was no need for taxes and both supply and demand increased simultaneously (A contradiction of modern/classical economic theory) and there was no inflation.

>That power now resides with the Federal Reserve, which is not a government agency

The Fed is beholden to Congress, which authorizes the "printing" of money.

You don't need a 200 IQ to realize the necessity of debt for an economy of our size.

Is this Mugabe?

i bet u could show this on kikebook and get niggers to chimp out 'muh homeland is rich' gibs extra zeros on that paper