4 ms·
Those $99, where do they come from?
by wartywhoa23 2mo ago
Those $99, where do they come from?
- rwmj 2mo agoShush there! Don't ask any difficult questions!
- OroPla 2mo agoThe Fed is printing them. Just like they print all other money. From the article: > I put in one, and a hundred comes back.” > The figure was rhetorical, not a disclosed 100-times investment return. There's a lot more words in there, but it doesn't seem to say anything else.
- someguyiguess 2mo agoPrinting money doesn’t create value. It dilutes value.
- OroPla 2mo agoIt does neither, as money is simply a representation of wealth. Increasing the supply of money without increasing the wealth will mean you'll have more money representing the same wealth. This is called inflation. But the wealth, or value if you will, remains unaffected. Money isn't wealth. It's just a representation. It used to be wealth back in the days before paper money, when a coin actually had the value it said it had.
- brianpane 2mo agohttps://www.youtube.com/watch?v=tO5sxLapAts https://www.youtube.com/watch?v=tO5sxLapAts
- __patchbit__ 2mo agoThe future we want. Not the wasteful F-35 'Fat Amy' lemon future noone except the fighterjet mafia wants..