- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
We will print more money and give it to the unemployed to end poverty in South Africa’,
Posted on 3/5/18 at 7:55 am
Posted on 3/5/18 at 7:55 am
LINK
quote:
“South Africans continuing to be poor when we can print more money to ensure that everybody has it. Our people are poor because there is a shortage of money in the country. It’s not the shortage of jobs that makes people poor, it is the shortage of money. We have paper and ink, so we will print more money and give it to the poor, and make all of them billionaires if that is possible.” Nene said.
The minister did not say how much more money will need to be printed. But he did reveal that this plan will be executed in in the next two months or so, and that every South African will be rich.
39
Posted on 3/5/18 at 7:57 am to wickowick
Posted on 3/5/18 at 7:57 am to wickowick
One of the dumbest ideas I've heard. A basic course in macro is needed. Better yet, a recent course in the history of Zimbabwe may help this guy.
Posted on 3/5/18 at 7:57 am to wickowick
Damn!
Why didn't I think of that?
Why didn't I think of that?
Posted on 3/5/18 at 7:58 am to wickowick
Let’s see how it works out for them, Cotton.
Posted on 3/5/18 at 7:59 am to wickowick
is there any mechanism for shorting a foreign currency?
This post was edited on 3/5/18 at 7:59 am
Posted on 3/5/18 at 7:59 am to wickowick
It was nice knowing you South Africa.
Posted on 3/5/18 at 8:00 am to wickowick
I regret investing my life savings in South African businesses.
Posted on 3/5/18 at 8:00 am to CptRusty
quote:
is there any mechanism for shorting a foreign currency?
I was once invested in a Japanese ETF with an inverse currency hedge
So yes
Posted on 3/5/18 at 8:05 am to Powerman
Thought this was a quote from Paul Krugman the liberal economist from the NY Times.
Posted on 3/5/18 at 8:06 am to wickowick
Is this real 
Posted on 3/5/18 at 8:07 am to wickowick
I can see the train wreck coming like it's in slow motion. If not for the human suffering to follow, this would be awesome.
Posted on 3/5/18 at 8:08 am to ItzMe1972
quote:
Thought this was a quote from Paul Krugman the liberal economist from the NY Times.
It was actually a quote from Maxine Waters, though your confusion is understandable.
Posted on 3/5/18 at 8:09 am to Jyrdis
quote:while the people of Zimbabwe are suffering, I bet the Zimbabwe finance minister lives quite nicely. Maybe that's what the South African finance minister is looking at.
history of Zimbabwe may help this guy.
Posted on 3/5/18 at 8:19 am to wickowick
quote:
“South Africans continuing to be poor when we can print more money to ensure that everybody has it. Our people are poor because there is a shortage of money in the country. It’s not the shortage of jobs that makes people poor, it is the shortage of money. We have paper and ink, so we will print more money and give it to the poor, and make all of them billionaires if that is possible.” Nene said.
Our Federal Reserve has been doing this since 1913.
Posted on 3/5/18 at 8:21 am to wickowick
(no message)
This post was edited on 6/8/20 at 12:01 pm
Posted on 3/5/18 at 8:21 am to wickowick
They think what happened to Zimbabwe was just “bad luck”, don’t they?
Posted on 3/5/18 at 8:25 am to wickowick
Nothing could possibly go wrong with this plan.
Posted on 3/5/18 at 8:27 am to ctiger69
China is going to swoop in and buy up three-quarters of the country when they hit bottom. They have been very active in West Africa, and moving in to an area with relatively advanced infrastructure (for the area) and people who remember a functional economy must seem like a wet dream for Xi and Co.
This post was edited on 3/5/18 at 8:29 am
Posted on 3/5/18 at 8:34 am to wickowick
quote:
We will print more money and give it to the unemployed to end poverty in South Africa’, by wickowic
Lol! I guess these fools think they have a Superpower level military to back their funny money and the Fed/Global Banking cabal to be the administrators of their monetary sham....., South Africa, you ain’t the US and it ain’t 2008/2009.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News