Message from @Thule-Gesellschaft [☩]

Discord ID: 497942915402956800


2018-10-06 01:25:12 UTC  

no...

2018-10-06 01:25:17 UTC  

okay zimbabwe money is stable

2018-10-06 01:25:18 UTC  

okay

2018-10-06 01:25:21 UTC  

because US is the biggest market in the world and you need USD to trade with them

2018-10-06 01:25:25 UTC  

https://cdn.discordapp.com/attachments/496515828372602890/497942425000738827/inflation.jpg

2018-10-06 01:25:27 UTC  

lmao

2018-10-06 01:25:29 UTC  

this dood

2018-10-06 01:25:36 UTC  

economist

2018-10-06 01:25:48 UTC  

@Thule-Gesellschaft [☩] what would a graph that puts the us dollar next to other currencies look like

2018-10-06 01:25:58 UTC  

they all do it which proves the point

2018-10-06 01:26:11 UTC  

(((they))) are robbing us blind

2018-10-06 01:26:12 UTC  

other countries didn't have such a violent inflationary period initially, but did after they created similar central banking systems

2018-10-06 01:26:14 UTC  

with centralized currency

2018-10-06 01:26:24 UTC  

it would basically be a delayed form of the American inflation

2018-10-06 01:26:35 UTC  

other countries went fiat before we did

2018-10-06 01:26:49 UTC  

The only reason USD is stable is because all other countries print money as well

2018-10-06 01:26:51 UTC  

Lol

2018-10-06 01:26:52 UTC  

again this is argumentum ad populum

2018-10-06 01:27:10 UTC  

you are assuming because every other country has a similar problem that therefore your country has a stable *relative* currency

2018-10-06 01:27:16 UTC  

It's a fine little game where we all print money but don't want to print too much

2018-10-06 01:27:22 UTC  

the claim is not that the currency is unstable in a relative sense but in an absolute sense

2018-10-06 01:27:23 UTC  

Otherwise it's too obvious and you become like Venezuela

2018-10-06 01:27:33 UTC  

I was claiming it in a relative sense

2018-10-06 01:27:39 UTC  

which is the mistake

2018-10-06 01:27:47 UTC  

it makes sense for supremeleader's question

2018-10-06 01:27:51 UTC  

why do other countries trust the us dollar

2018-10-06 01:27:58 UTC  

who says they trust the USD

2018-10-06 01:28:04 UTC  

I said US is the biggest market in the world

2018-10-06 01:28:10 UTC  

Therefore you need USD to trade with them

2018-10-06 01:28:11 UTC  

they use it as their reserve currency

2018-10-06 01:28:22 UTC  

some countries just peg their currency to the dollar

2018-10-06 01:29:12 UTC  

should I buy a peasant console to play red dead 2

2018-10-06 01:29:14 UTC  

The Chinks are looking to create the Petro-Yuan

2018-10-06 01:29:20 UTC  

If it's not already done

2018-10-06 01:29:35 UTC  

Why would you trust a worthless paper currency like USD over Petro-Yuan?

2018-10-06 01:29:48 UTC  

If that kills the USD we're going to war

2018-10-06 01:29:55 UTC  

Because we depend on people trusting the value of the USD

2018-10-06 01:29:58 UTC  

US has petrodollar though

2018-10-06 01:30:08 UTC  
2018-10-06 01:30:34 UTC  

@Mord hmmmm

2018-10-06 01:30:37 UTC  

consoles suck though