Message from @Blaster Master
Discord ID: 687750542339997854
they ARE 'printing money'
Inflation can also happen due to trade embargoes or massive supply shortages
I don’t think everyone would have agreed with that
post it
But it seems pretty reasonable
same thing when you hold the interest rate low
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
Saw that one earlier on /biz/ made me chuckle
That's blaster 2x in a row
@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.
haha money printer go brrrrr
imagine going on /biz/
It's a good source of entertainment.
I remember going there and seeing all the anons getting JUST'ed hard after the bitcoin crash
Was this a congress thing or an executive decision
it wasn't congress
it was the Federal Reserve
not attached to the government
DITCH THE DOLLAR /BIZ/ SAID
Oh ok cause i thought this was gonna cause the don some real shit
People were legit killing themselves
'the don some real shit'?
ah the mob
The future is crypto, but it needs to be adopted first. and crypto is still in it's building phase.
The donald lol
everyone thinks its the GOP that gave them money
well crypto is now tainted
the USD derivatives have made crypto look as toxic as the USD
@Vander Loonéy one guy literally offered a bitcoin if they post some good asian porn right as he was about to off himself
it doesn't help that fuckin block chain devs don't know the first damn thing about business
I don’t even know about this crypto shit
But I thought crypto was the currency that would survive the well into the post-apocalypse! 😉
It seems just fucking weird
it will
reference above
**Imagine investing in an imaginary economy**