Road_Warrior_10@lemmy.world to memes@lemmy.world · 3 months agoSorry Ubisoftlemmy.worldimagemessage-square155fedilinkarrow-up11.27Karrow-down146
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minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2arrow-down3·3 months agoForging $1 doesn’t remove $1 from everyone else.
minus-squareKatana314@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·3 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-up2·3 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.