Road_Warrior_10@lemmy.world to memes@lemmy.world · 2 months agoSorry Ubisoftlemmy.worldexternal-linkmessage-square147fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkSorry Ubisoftlemmy.worldRoad_Warrior_10@lemmy.world to memes@lemmy.world · 2 months agomessage-square147fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up0·2 months agoForging $1 doesn’t remove $1 from everyone else.
minus-squareKatana314@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoIf someone forged 80 quintillion dollars, it would remove the usefulness of $1 from everyone else. (and that is in fact the economic fear that’s generated through excess inflation, something that has happened in many countries)
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up0·2 months agoWell, The FED has “forged” 9 trillion USD but apparently that increased the usefulness of everyone’s dollars.
Forging $1 doesn’t remove $1 from everyone else.
If someone forged 80 quintillion dollars, it would remove the usefulness of $1 from everyone else. (and that is in fact the economic fear that’s generated through excess inflation, something that has happened in many countries)
Well, The FED has “forged” 9 trillion USD but apparently that increased the usefulness of everyone’s dollars.