Education etc

well yes more money can also mean more jobs in this case you have prodcut you can uy with the more money

but well imagine its going to fast

than you have crises

and also the ressources on the planet are limited. (well you can grow in fields which do not require new ressources like programming a game or so.

So the growth is a bit artificial, and dosent represent real growth...

growth=?

BIP?

> but well imagine its going to fast
@hororizon44575 .

i meaned if the fast more money comes into the system which does rsult in more demand

i mean new money in the system which results in new products is no Problem its only a problem if new money in the system >>> new products in the system. While its always more than new products.

in Europe EZB (European central bank) has an inflation target of 2%

Hyperinflation?

well not hyper but galloping inflation

So what is this gloating people go on doing about "American financial system will collapse"? I don't think they print money. Ofc now they did because of pandemic

if you give to much creidts at the same time

@justkaus i do not know american situation i live in germany

Ok. So what's the biggest problem you see?

Isint everything fine..

but well the problem in europe is deflation not inflation btw

Except inequality I suppose

Then why the need for people to go to Keynesian theory?

If everything's alright

you rly think everything is alright?

2008

As I said, except income inequality

2008 was coused becouse of people do not understand money

> 2008
@hororizon44575 wasn't that USAs problem that just had ripple affects?

(i make me samething to eat)

Cuz east Asian countries were mostly fine

> (i make me samething to eat)
@hororizon44575 ok ok

well east asian use mostly which currency?

They have different ones

do they mostly use US dollars

did they changed exchange rates after crises?

Internationally for things like oil, yeah

> did they changed exchange rates after crises?
@hororizon44575 I don't think so..

But they did recently. At least in India they increased the interest rates a lot recently, to "fight inflation"

(afk)

K

i am back