The government literally has infinite money. They can hand you $1 quadrillion if they wanted.
>>544302225Yeah but then your $1 quadrillion would be worth exactly what you are worth now: nothing. Read the wiki page about inflation, Allison.
>>544302225But I like $1 beers
>>544302225great idea
>>544302439inflation won't happen if they just give ME money, ill go around and give good people some cash
>>544303024dont give out too much or else it will cause inflation
>>544302225Money is not goods, not oil, not factories, and not labor power. If you dump a quadrillion dollars into the economy, prices and assets will start rising, the dollar will depreciate, and monstrous inflation or hyperinflation will occur. At the limit, you will get a quadrillion that is worth almost nothing. Issuing money undermines confidence in the currency and usually ends in crisis.
>>544302225>governmentGoyim cope
>>544302225can they give me gold bar instead?
>>544302225Don't worry they give it to niggers, LGTVs and corporations.Anyone but you.
>>544302225Yea but you're all retarded soulless npcs that can't do anything with a billion. Besides stupid shit like cars, cruise ships, or mansions. God is good
>lol
>>544302225No they do not, they like most other countries went bankrupt and a private central bank was made to bail them out.
>>544303145>or else it will cause inflationHilarious, no your belief causes inflation
>>544302225BingoThey don't have to tax you. They can print any money they need. They want to see you give up your hard earned money for them, they want to see YOU do it, as a form of submission. They don't need you to 'calculate your taxes' that's stupid. They themselves add absurd amount of debt, they don't need precise amounts by any stretch of the imagination. This whole idea you have to do your taxes right or go to jail is a humiliations ritual. They don't need a dime from you. What they need is to see you kneel, that's the entire purpose of the tax system. They'll print whatever they need regardless of what they tax, and still add debt to pay that "interest"... ever wonder who is getting all that "interest"?
>>544302225@grok explain inflation to an absolute retard, make it really easy to understand
>>544302439>>544303145It technically doesn't matter in this case. Taxes also cause "inflation" too if you consider inflation to be the raise in operating costs. A business needs to recoup their expenses: add a tax to that business, that tax impacts immediately the price you pay, boom, inflation. Tax it, print it, it don't matter, consumer pays for it, because your salary isn't auto-updated to inflation, it has a lag... that lag is the inflationary tax. Government could easily print instead of tax and it wouldn't make a difference. What government should do is waste less, if they wanted a stronger economy. But to cannibalize the economy IS the point.
>>544303603>add debt to pay that "interest"You read it right btw.The point of debt is to pay for the interest, it's not a consequence, it's by design. Follow the money if you want to understand. Who are these 'individual investors' that purchase bonds, love debt and hate spending cuts? Follow the (((money)))
Power is money. So long as government can project power it can force money to have value.
OP is an Australian using a VPN
