Political Humor Thread
invite response
2019 Feb 17, 4:30pm 3,103,872 views 42,071 comments
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mell
2020 Jul 5, 9:54pm
richwicks says
Yeah but money value is relative. If all are printing the dollar may still be worth more than other fiat and inflation is muted but of course still happening, esp. for local goods and services. They can print themselves out of bankruptcy at the cost of inflation. Or selectively default which will cause a confidence hit. But there are options and auctions for bonds have been showing strong demand so far.
marcus says
This is true.
Financial responsibility is impossible until the Federal Reserve is dissolved. To be honest, the Federal Reserve is bankrupt anyhow - want to know this is true? Audit it. We all work with plantation money today.
Yeah but money value is relative. If all are printing the dollar may still be worth more than other fiat and inflation is muted but of course still happening, esp. for local goods and services. They can print themselves out of bankruptcy at the cost of inflation. Or selectively default which will cause a confidence hit. But there are options and auctions for bonds have been showing strong demand so far.
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