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

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

Overinflation here we go

<:Nice:595347902155718666>

That could be done by lowering taxes

@SideTracker but why

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

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

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

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

Its specifically for emergency use @Timeward

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