Message from @Blaster Master

Discord ID: 687750542339997854


2020-03-12 19:52:59 UTC  

they ARE 'printing money'

2020-03-12 19:52:59 UTC  

Inflation can also happen due to trade embargoes or massive supply shortages

2020-03-12 19:53:00 UTC  

I don’t think everyone would have agreed with that

2020-03-12 19:53:00 UTC  

post it

2020-03-12 19:53:08 UTC  

But it seems pretty reasonable

2020-03-12 19:53:09 UTC  

same thing when you hold the interest rate low

2020-03-12 19:53:23 UTC  

2020-03-12 19:53:47 UTC  

people are owed money, if you change the interest, they you are basically paying the guys owed money AND letting the guy off the hook who carrries the debt

2020-03-12 19:53:49 UTC  

Saw that one earlier on /biz/ made me chuckle

2020-03-12 19:53:57 UTC  

That's blaster 2x in a row

2020-03-12 19:54:03 UTC  

@Cryrosphere Basically, whenever you have a situation where the money to goods ratio greatly bloats on the money end for whatever reason, you have inflation.

It can happen if the govt. start printing money and put it in circulation. Or it can happen when a particular currency just can't purchase goods for another reason.

2020-03-12 19:54:07 UTC  

haha money printer go brrrrr

2020-03-12 19:54:07 UTC  

imagine going on /biz/

2020-03-12 19:54:22 UTC  

It's a good source of entertainment.

2020-03-12 19:54:37 UTC  
2020-03-12 19:54:47 UTC  

I found a slug

https://cdn.discordapp.com/attachments/678530619621507073/687750453492056091/IMG_20200312_110408886.jpg

2020-03-12 19:54:50 UTC  

I remember going there and seeing all the anons getting JUST'ed hard after the bitcoin crash

2020-03-12 19:54:50 UTC  

Was this a congress thing or an executive decision

2020-03-12 19:55:00 UTC  

it wasn't congress

2020-03-12 19:55:07 UTC  

THE FUTURE IS CRYPTO THEY SAID

2020-03-12 19:55:07 UTC  

it was the Federal Reserve

2020-03-12 19:55:17 UTC  

not attached to the government

2020-03-12 19:55:21 UTC  

DITCH THE DOLLAR /BIZ/ SAID

2020-03-12 19:55:32 UTC  

Oh ok cause i thought this was gonna cause the don some real shit

2020-03-12 19:55:32 UTC  

People were legit killing themselves

2020-03-12 19:55:47 UTC  

'the don some real shit'?

2020-03-12 19:55:55 UTC  

ah the mob

2020-03-12 19:55:55 UTC  

The future is crypto, but it needs to be adopted first. and crypto is still in it's building phase.

2020-03-12 19:56:04 UTC  

The donald lol

2020-03-12 19:56:15 UTC  

everyone thinks its the GOP that gave them money

2020-03-12 19:56:16 UTC  

well crypto is now tainted

2020-03-12 19:56:42 UTC  

the USD derivatives have made crypto look as toxic as the USD

2020-03-12 19:57:03 UTC  

@Vander Loonéy one guy literally offered a bitcoin if they post some good asian porn right as he was about to off himself

2020-03-12 19:57:14 UTC  

it doesn't help that fuckin block chain devs don't know the first damn thing about business

2020-03-12 19:57:21 UTC  

I don’t even know about this crypto shit

2020-03-12 19:57:25 UTC  

But I thought crypto was the currency that would survive the well into the post-apocalypse! 😉

2020-03-12 19:57:26 UTC  

It seems just fucking weird

2020-03-12 19:57:34 UTC  

it will

2020-03-12 19:57:41 UTC  

reference above

2020-03-12 19:57:43 UTC  

**Imagine investing in an imaginary economy**