Message from @Dusty Morgan

Discord ID: 483135798829645829


2018-08-26 04:45:01 UTC  

thats how all problems in society is solved

2018-08-26 04:45:15 UTC  

No... that would create situations like in Venzuela.

2018-08-26 04:45:32 UTC  

Where it takes millions of their money to create a single dollar.

2018-08-26 04:45:45 UTC  

Their currency is so devalued, it is practically worthless.

2018-08-26 04:45:53 UTC  

It costs more to make the currency than it is worth.

2018-08-26 04:45:57 UTC  

that means money is cheap and available to everyone

2018-08-26 04:46:10 UTC  

Ha ha ha ha...

2018-08-26 04:46:12 UTC  

everyone can afford it

2018-08-26 04:46:23 UTC  

You really don't understand economics?

2018-08-26 04:46:29 UTC  

What do you think the prices for food would be?

2018-08-26 04:46:33 UTC  

you can go a step further and make money free, since money is a right

2018-08-26 04:47:16 UTC  

It costs to make money, it costs to transfer food, it costs to produce food, it costs to store food, it costs to even sell food. Same with every other product.

2018-08-26 04:47:22 UTC  

if food is free too then you can trade free money for free food, simple

2018-08-26 04:47:33 UTC  

Printing money doesn't help, because that just devalues currency and makes everything cost more.

2018-08-26 04:47:55 UTC  

Has anyone told you, "NOTHING is free in life."

2018-08-26 04:48:07 UTC  

everything is free if you steal it

2018-08-26 04:48:11 UTC  

Only thing that is free is Oxygen and living.

2018-08-26 04:48:29 UTC  

Now you see why crime rises in areas of extreme poverty.

2018-08-26 04:48:40 UTC  

Because they can't afford it, they resort to stealing it.

2018-08-26 04:48:45 UTC  

true

2018-08-26 04:49:10 UTC  

By printing money, you are creating devalue of currency which leads to extreme poverty which leads to crime rising.

2018-08-26 04:49:24 UTC  

Cause and effect.

2018-08-26 04:49:39 UTC  

Free money means it is worthless.

2018-08-26 04:49:43 UTC  

but you can just raise the minimum wage to make sure everyone gets paid, simple

2018-08-26 04:49:45 UTC  

Currency gots to be backed by something.

2018-08-26 04:50:00 UTC  

Raising minimun raise only raises the prices of the stuff they sell.

2018-08-26 04:50:05 UTC  

They got to make up for the loss of money.

2018-08-26 04:50:40 UTC  

Basically raising wages will make things more expensive... so it doesn't get better or worse, it offsets itself.

2018-08-26 04:51:02 UTC  

Plus those who are on food stamps and SSI will have to suffer the consequences.

2018-08-26 04:51:09 UTC  

Because SSI doesn't go up with the wages.

2018-08-26 04:51:22 UTC  

ok ok, i give up, you win this debate
sheesh

2018-08-26 04:51:35 UTC  

Trust me, I used to think like that.

2018-08-26 04:51:44 UTC  

Like you do, but then I researched it trying to find a way.

2018-08-26 04:51:48 UTC  

So much frustration.

2018-08-26 04:52:22 UTC  

are you into any particular school of economics?

2018-08-26 04:52:27 UTC  

That was back when I was 23...

2018-08-26 04:52:36 UTC  

I had to learn economics for the class I was taking.

2018-08-26 04:53:01 UTC  

I tried to put economics I learned into use, but I kept hitting deadends because life doesn't work like what I thought it did.

2018-08-26 04:53:21 UTC  

Life smacked me so hard I was seeing stars.

2018-08-26 04:53:49 UTC  

Best way to describe economy... it is living and breathing.

2018-08-26 04:53:52 UTC  

well which school?