Message from @Sizeable_lad

Discord ID: 688016729888260100


2020-03-13 13:30:51 UTC  

How does that work

2020-03-13 13:31:00 UTC  

Simple

2020-03-13 13:31:02 UTC  

Print money

2020-03-13 13:31:06 UTC  

There is a federal reserve

2020-03-13 13:31:07 UTC  

Sounds like a loan

2020-03-13 13:31:15 UTC  

Theres no such thing as inflation

2020-03-13 13:31:16 UTC  

Also

2020-03-13 13:31:21 UTC  

Aome of the stuff about economics just really escape me

2020-03-13 13:31:38 UTC  

Also if you drop some extra cash into peoples pockets they go out and buy more shit

2020-03-13 13:31:38 UTC  

Federal reserves opened up to boost the stock market. Its like a safety procedure @Timeward

2020-03-13 13:31:41 UTC  

Overinflation here we go

2020-03-13 13:31:44 UTC  

<:Nice:595347902155718666>

2020-03-13 13:31:51 UTC  

That could be done by lowering taxes

2020-03-13 13:31:53 UTC  

@SideTracker but why

2020-03-13 13:32:14 UTC  

Or giving small amounts of money to the less economically privelaged like australia is doing

2020-03-13 13:32:29 UTC  

@Sizeable_lad you mean asking for less taxpayer cash instead of wasting it? Thats nerd shit.

2020-03-13 13:32:31 UTC  

@Timeward save the stock market, stabilize the economy, mobilize for war perhaps, myriad of reasons to have it in place

2020-03-13 13:32:38 UTC  

https://cdn.discordapp.com/attachments/678531385123667998/688016675999580208/1375737751749.jpg

2020-03-13 13:32:40 UTC  

dont' give money to poor people. as a poor person i know exactly where that money is going and it's not on essentials

2020-03-13 13:32:42 UTC  

My govt is sending out a 750 aud economic stimulus to low income earnees

2020-03-13 13:32:51 UTC  

Hopefuly it gets then to go and buy shit

2020-03-13 13:32:52 UTC  

I want to know how its done

2020-03-13 13:32:58 UTC  

Doesnt matter what shit

2020-03-13 13:33:01 UTC  

How do the federal reserves pump money

2020-03-13 13:33:01 UTC  

gonna all be spent on toilet paper <:pepelaugh:544857300179877898>

2020-03-13 13:33:06 UTC  

As long as money is changing hands

2020-03-13 13:33:08 UTC  

Do they just dump it

2020-03-13 13:33:11 UTC  

https://cdn.discordapp.com/attachments/678531385123667998/688016811366940692/brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrint.png

2020-03-13 13:33:12 UTC  

***FUCK YES GIMME ALL DAT POO PAPER***

2020-03-13 13:33:17 UTC  

Do they open the doors to a vault?

2020-03-13 13:33:19 UTC  

Its basically just a big cash reserve they have, like a savings account @Timeward

2020-03-13 13:33:33 UTC  

@SideTracker so basically they just start spending it

2020-03-13 13:33:44 UTC  

Yes

2020-03-13 13:33:48 UTC  

I see.

2020-03-13 13:33:51 UTC  

@Timeward basically

2020-03-13 13:33:58 UTC  

I assume this emergency fund is accounted for in the budget

2020-03-13 13:34:09 UTC  

They open up a set amount of money to be spent on public works and shit

2020-03-13 13:34:12 UTC  

Its specifically for emergency use @Timeward

2020-03-13 13:34:17 UTC  

Build a stadium or something dumb

2020-03-13 13:34:22 UTC  

Creates jobs

2020-03-13 13:34:29 UTC  

And a healthy economy