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how does money work

by Nero - 29 November, 2020 - 03:34 AM
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#1
aye sryls how does money work
how tf is US in debt? just print more money? lmfao
thinking
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#2
Money is debt
"Those who are able to see beyond the shadows and lies of their culture will never be understood, let alone believed, by the masses."
 
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This post is by a banned member (Mraye) - Unhide
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#4
By money, do you mean banks? Because the concept of bartering is straight forward. So, you must mean how do banks work, right?
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#5
Banks gives loans to people, but banks dont own money. Basicaly they make a money for nothing. Money is just number, but also important to us.
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#6
Some smart person told a bunch of dumb people what it was and now all the dumb people just believe him
 
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This post is by a banned member (Klarix) - Unhide
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#7
United States is in debt to China as an example (They really are tho). If US prints more money now, the value of the $ will go down. China has analysts that watch the market 24/7 and adjust the rate for their debt too. So basiclly if they print more it has nothing to say, their money will just be worth less.

Hope you understood :)
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#8
haha exactly :pepo:

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