4 ms·

ELI5?

• Kye 5y ago
  A vocal subset of cryptocurrency pushers have as twisted a view on economics as mainstream economists. This is an art piece depicting one faulty view. bonus edit: Printing money could be a handy way to carry the country through the current deep structural change in the nature of the economy from one based on industry (putting capital to work) and finance (creating and allocating capital through loans) to one based on services. Instead, it's being used to prop up the existing system. The art piece is based on the widespread and faulty belief that a government's ability to create money is inherently bad.
  • pugworthy 5y ago
    Thank you.
  • judge2020 5y ago
    It's just a meme image, it's been a thing long before cryptocurrency people thought the Fed was trying to tank crypto or whatever: https://youtu.be/O1hCLBTD5RM https://youtu.be/O1hCLBTD5RM & https://old.reddit.com/r/wallstreetbets/comments/l8rf4k/times_square_right_now/ https://old.reddit.com/r/wallstreetbets/comments/l8rf4k/time... & & https://youtu.be/GI7sBsBHdCk?t=117 https://youtu.be/GI7sBsBHdCk?t=117
  • Bancakes 5y ago
    This! So much this! Free money for everyone!
• deleted 5y ago
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