Message from @Royal Chaotic
Discord ID: 694962408350810184
do you understand that if you increase the supply of something it causes the value to drop and that this applies to everything?
Yes, let's tax the people who don't have food and houses, to get them food and houses.
yes, let's print money and magically expect to have 0% inflation, because the Swiss did it.
Yes, Kenya = Switzerland.
What happens when multiple people try to buy a limited supply of thing
@Royal Chaotic It's value suddenly increases.
And so does its price
Apparently.
Which mean inflation
So as long as you dont reach that point
Inflation is the drop of your currency's value.
Inflation is unavoidable and natural
just try to avoid it when possible
and not say
suddenly add like half a million to the eocnjomy
Well your economy has a limit
A material limit
The amount of labor resouces ect
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.
You get inflation
They probaly would struggle more
I mean thier limit is lower
...
But they are resource rich some of them
You don't understand economics do you?
Like the congo
To build a building you need labor and materials
If the third world countries could provide for their people, they would've done it already.
No, third world countries are rulled by capitalist aswell
You need money for both labour and materials.
Money which third world countries do not have.
Money which they cannot print without having their inflation explode.
E C O N O M I C S
And the caps dont have an intrest in making the world a better place
Well if you make companies
And they hire workers and extract resources
the thing with communism is that their criticism of capitalism is spot on
but the solutions they offer tend to be retarded
And you hire some other workers
