Message from @Royal Chaotic

Discord ID: 694962408350810184


2020-04-01 17:29:13 UTC  

do you understand that if you increase the supply of something it causes the value to drop and that this applies to everything?

2020-04-01 17:29:33 UTC  

Yes, let's tax the people who don't have food and houses, to get them food and houses.

2020-04-01 17:29:46 UTC  

yes, let's print money and magically expect to have 0% inflation, because the Swiss did it.

2020-04-01 17:29:52 UTC  

Yes, Kenya = Switzerland.

2020-04-01 17:30:09 UTC  

to the point of hilarity

https://cdn.discordapp.com/attachments/587028275918929925/694961818539655208/1920px-100_million_front.png

2020-04-01 17:30:12 UTC  

What happens when multiple people try to buy a limited supply of thing

2020-04-01 17:30:48 UTC  

@Royal Chaotic It's value suddenly increases.

2020-04-01 17:31:00 UTC  

And so does its price

2020-04-01 17:31:06 UTC  

Apparently.

2020-04-01 17:31:08 UTC  

Which mean inflation

2020-04-01 17:31:20 UTC  

So as long as you dont reach that point

2020-04-01 17:31:31 UTC  

Inflation is the drop of your currency's value.

2020-04-01 17:31:39 UTC  

Inflation is unavoidable and natural

2020-04-01 17:31:46 UTC  

just try to avoid it when possible

2020-04-01 17:31:48 UTC  

and not say

2020-04-01 17:31:55 UTC  

suddenly add like half a million to the eocnjomy

2020-04-01 17:32:01 UTC  

Well your economy has a limit

2020-04-01 17:32:07 UTC  

A material limit

2020-04-01 17:32:20 UTC  

The amount of labor resouces ect

2020-04-01 17:32:29 UTC  

You go over that limit

2020-04-01 17:32:31 UTC  

Yeah the thing is, the third world countries cannot give houses and food to their people because their economies'limit doesn't allow them to.

2020-04-01 17:32:36 UTC  

You get inflation

2020-04-01 17:32:48 UTC  

They probaly would struggle more

2020-04-01 17:32:57 UTC  

I mean thier limit is lower

2020-04-01 17:33:03 UTC  

...

2020-04-01 17:33:13 UTC  

But they are resource rich some of them

2020-04-01 17:33:16 UTC  

You don't understand economics do you?

2020-04-01 17:33:17 UTC  

Like the congo

2020-04-01 17:33:43 UTC  

To build a building you need labor and materials

2020-04-01 17:33:56 UTC  

If the third world countries could provide for their people, they would've done it already.

2020-04-01 17:34:24 UTC  

No, third world countries are rulled by capitalist aswell

2020-04-01 17:34:29 UTC  

You need money for both labour and materials.

2020-04-01 17:34:37 UTC  

Money which third world countries do not have.

2020-04-01 17:34:45 UTC  

Money which they cannot print without having their inflation explode.

2020-04-01 17:34:50 UTC  

E C O N O M I C S

2020-04-01 17:34:53 UTC  

And the caps dont have an intrest in making the world a better place

2020-04-01 17:34:59 UTC  

Well if you make companies

2020-04-01 17:35:15 UTC  

And they hire workers and extract resources

2020-04-01 17:35:26 UTC  

the thing with communism is that their criticism of capitalism is spot on
but the solutions they offer tend to be retarded

2020-04-01 17:35:27 UTC  

And you hire some other workers