Replying to Avatar RK Lectio

They blame their people but not themselves

Last week , I spotted a TV show "U.S. secret service : Counterfeiting money"

A story about a group of people printing counterfeit money into the system and got arrested in the end. In the middle of the show , they claim that the decision and the power to print bank noted belong to the central bank and the government. They blamed this illegal action as a threat to the monetary system.

Perhaps they should do some research on M2 monetary supply history. They may know what exactly causing inequality , evil root causes of poverty and who is a true crime

As I said from the beginning , they blame their people but not themselves

#NaturePhotography

#landscapephotography

#smartphonephotography

#photography #photographer #photoshoot #photostr #shortstory #story #storyteller

#money #crime #monetary

#greenery #tree #story #shortstory #storyteller

#rain

#Siamstr #ThaiNostrich

https://void.cat/d/Su3NzLqaMDEBorCSxCSt8h.webp

Avatar
Dash 2y ago

But I thought increasing the money supply stimulates the economy? Shouldn't we be welcoming the actions of counterfeiting gangs that lead to a robust labor market and GDP growth? Without them we may enter into a deflationary spiral whereby people put off purchases expecting prices to decrease and ending up starving to death because they never get around to buying food.

Reply to this note

Please Login to reply.

Discussion

No replies yet.