Message from @Royal Chaotic
Discord ID: 694960608281493515
So we can both agree that this doesn't work in third world countries.
And some 2nd world countries, which are very poor.
Idk it could
How could it?
Well you build houses
...
You say that as if it's actually easy.
Especially in countries like Africa.
Not houses communal apparments
Building homes requires money.
Money that the state doesn't have.
Well they do
Communal apartments, so be it, they need money, whatever their name is.
It doesn't work in third world countries.
If their fiat
They can type money into existence
The state could be like
???
Inflation is a thing?
You can increase the money supply
if you can just wave a wand and magic money in existance then why do anything?
"lul we gonna print moni"
Look at the swiss
The Swiss are not a third world country.
They increased moneh supply by 8%
Weimar Germany
I believe we can both agree on that.
0% inflation
Zimbabwe
Well yes
Because they're not fucking Africa.
or the fact that cars back in the 1920's cost like $20
If Kenya does that, they will die.
inflation is fun!
But it mean money supply isnt tied to inflation
Venezuela tried to defy inflation.
No inflation happens
Now its people make bags out of the Venezuelan currency.
When you go over your economy line
Which isn't true in third world countries.