File: BANKING.swf-(2.31 MB, Loop)
[_] Anonymous07/01/12(Sun)21:08No.1710986
>> [_] Anonymous07/02/12(Mon)00:01No.1711085
Wow, no. That's not how it works at all. For the love of god take an Economics class.
>> [_] Anonymous07/02/12(Mon)00:06No.1711088
No one cares about this zeitgeist shit.
>> [_] Anonymous07/02/12(Mon)00:49No.1711110
This is now how money works.
The beginning was right but it then progressed to full retard.
It can better be explained by saying that the Fed is essentially a private bank that the
Government depends on for it's money system in the same way an individual relies on a bank rather
than storing their money in a safe.
The magical multiplying to the ninth degree of government dollar requests does not correlate to
the fact our annual inflation rate is barely 3 percent on average. This is actually good because
is demotes purely storing money and encourages monetary mobility and investment.
Hyper-inflation is an issue, but libertarians don't seem to remember that deflation also caused
problems for us.
