Message from @SideTracker
Discord ID: 688017070310424605
dont' give money to poor people. as a poor person i know exactly where that money is going and it's not on essentials
My govt is sending out a 750 aud economic stimulus to low income earnees
Hopefuly it gets then to go and buy shit
I want to know how its done
Doesnt matter what shit
How do the federal reserves pump money
gonna all be spent on toilet paper <:pepelaugh:544857300179877898>
As long as money is changing hands
Do they just dump it
***FUCK YES GIMME ALL DAT POO PAPER***
Do they open the doors to a vault?
Its basically just a big cash reserve they have, like a savings account @Timeward
@SideTracker so basically they just start spending it
Yes
I see.
@Timeward basically
I assume this emergency fund is accounted for in the budget
They open up a set amount of money to be spent on public works and shit
Build a stadium or something dumb
Creates jobs
And a healthy economy
@SideTracker yeah but I assume its accounted for in the budget no? Or at least some budget placed it there
build nukes
launch them at China
i mean
Yes its accounted for in the budget
And it just renovates itself as part of next year's budget
Its just tax money that gets put aside
@Timeward probably discussed with the house and senate on appropriating those funds by giving the president a spending budget
Idk the ins and outs if it i just know the basic
Also it isnt just tax money i was wrong
The government also does loans to other countries and invests in shit like any other bank
Yes
Oh so its also interest