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What does the Feds can print all the money they want, really mean?
Posted on 3/15/20 at 6:53 pm
Posted on 3/15/20 at 6:53 pm
Basically, they can write checks for however much they want , right? They don’t literally print a bunch of money right, because we live mostly in a cashless society.
7
Posted on 3/15/20 at 6:55 pm to Cycledude
The print that shite baw
Posted on 3/15/20 at 6:57 pm to Cycledude
quote:
They don’t literally print a bunch of money right
No.
Posted on 3/15/20 at 7:57 pm to Cycledude
Uninformed people say “print money” because they don’t know the correct term which is increase the money supply.
Posted on 3/15/20 at 8:18 pm to Cycledude
quote:
What does the Feds can print all the money they want, really mean?
Weimar Republic
Posted on 3/15/20 at 8:21 pm to Cycledude
Last time I checked only about 5% of the US money supply exists as cash. They “print money” by logging into a computer and changing a number. The number is the total dollar value of the US money supply.
Posted on 3/15/20 at 8:31 pm to Cycledude
quote:
Basically, they can write checks for however much they want , right? They don’t literally print a bunch of money right, because we live mostly in a cashless society.
It means they have the ability to devalue your holdings any time and to any degree they so wish.
Posted on 3/16/20 at 4:29 am to Cycledude
Posted on 3/16/20 at 5:21 am to LSURussian
quote:
Uninformed people say “print money” because they don’t know the correct term which is increase the money supply.
I think the correct term is "theft."
Posted on 3/16/20 at 9:14 am to EarlyCuyler3
Trees and ink are a hot commodity right now. LOL.
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