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Originally posted by 0bserver1
reply to post by TheBandit795
What would happen if we all would print money and all spend it on the same day . they can't arrest us all right..
Originally posted by MegaSpace
Originally posted by 0bserver1
reply to post by TheBandit795
What would happen if we all would print money and all spend it on the same day . they can't arrest us all right..
They might not arrest us all but this would send hyper inflation sky high as the market was suddenly flooded with extra cash circulating out there. Correct me if im wrong?
Originally posted by pstrron
Ya think??? With the invention of fractional reserve banking and going off the gold standard the banking system is clearly criminal. Counterfeiting, yep done every day by the Federal Reserve Bank to the tune of $85 billion a month. Must be nice to create money out of thin air and then charge interest on something that doesn't exist yet demand real money or property in return. Now if you tried doing it they would throw you in jail and loose the key.
Originally posted by EarthCitizen07
Originally posted by MegaSpace
Originally posted by 0bserver1
reply to post by TheBandit795
What would happen if we all would print money and all spend it on the same day . they can't arrest us all right..
They might not arrest us all but this would send hyper inflation sky high as the market was suddenly flooded with extra cash circulating out there. Correct me if im wrong?
Money should not loose its value if there is too much in circulation. This is a myth perpetuated by the central bankers to keep money in the private sector rather than in the public sector. Supposedly because bankers are more trustworthy than politicians. I think both are scum since they cover each others arse.
Monopoly money issued by warner bros don't lose their value regardless how much we play with and neither do arcade tokens. Its all about goodwill and they have plenty of it eventhough they don't deserve it. Lie often enough and it becomes "the truth". The value of money can and should be predetermined in advance also known as a permanent fix, much like the individual eu countries pegged their currency against the euro. it only happened once.