Message from @Royal Chaotic

Discord ID: 694960990432919683


2020-04-01 17:25:41 UTC  

I believe we can both agree on that.

2020-04-01 17:25:44 UTC  

0% inflation

2020-04-01 17:25:46 UTC  

Zimbabwe

2020-04-01 17:25:49 UTC  

Well yes

2020-04-01 17:25:52 UTC  

Because they're not fucking Africa.

2020-04-01 17:25:55 UTC  

or the fact that cars back in the 1920's cost like $20

2020-04-01 17:25:58 UTC  

If Kenya does that, they will die.

2020-04-01 17:25:58 UTC  

inflation is fun!

2020-04-01 17:26:06 UTC  

But it mean money supply isnt tied to inflation

2020-04-01 17:26:07 UTC  

Venezuela tried to defy inflation.

2020-04-01 17:26:13 UTC  

No inflation happens

2020-04-01 17:26:18 UTC  

Now its people make bags out of the Venezuelan currency.

2020-04-01 17:26:29 UTC  

When you go over your economy line

2020-04-01 17:26:29 UTC  

Which isn't true in third world countries.

2020-04-01 17:26:30 UTC  

>increase money in circulation
>doesn't cause inflation

2020-04-01 17:26:32 UTC  

what drugs are you on?

2020-04-01 17:26:34 UTC  

The amojnt of labor

2020-04-01 17:26:36 UTC  

Because they don't have enough money to fix inflation.

2020-04-01 17:26:39 UTC  

The resourse

2020-04-01 17:26:41 UTC  

So on

2020-04-01 17:26:51 UTC  

Those things make a "economy line"

2020-04-01 17:26:57 UTC  

most African countries ended up using pretty much every other currency but their own because of how badly inflated it is

2020-04-01 17:27:10 UTC  

And if you go over that line you get inflation

2020-04-01 17:27:21 UTC  

Because you are trying to buy the same thing

2020-04-01 17:27:37 UTC  

You can also reduce money supply

2020-04-01 17:27:40 UTC  

With taxes

2020-04-01 17:27:51 UTC  

You surely don't understand economics.

2020-04-01 17:28:06 UTC  

Who has the power to create money

2020-04-01 17:28:13 UTC  

I sure can't

2020-04-01 17:28:33 UTC  

Who has the power to tax?

2020-04-01 17:28:40 UTC  

The state.

2020-04-01 17:28:45 UTC  

Yes

2020-04-01 17:29:13 UTC  

And what happens when multiple people tries to buy the same thing

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.