The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.
The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were likely as its aggressive interest rate hikes force it to pay out billions of euros to banks.
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The ECB, the central bank for the 20-nation euro area said its loss before the release of provisions was 7.9 billion euros after a loss of 1.6 billion euros in 2022.
Inflation is a word used to describe the successive increase in the prices of goods and services, but saying that printing money is the cause of inflation is wrong, as the market needs printing money and controlled inflation to grow. Most economies indicate that inflation of 1% to 2% is good for the economy, but excessive inflation that The problem is not controlled by the central bank, as the prices of goods and services continue to increase, which affects the economy and has reasons:
Random printing of money.
Wrong policies of the central bank.
Corruption, government laxity, and spending on projects that are not economically feasible.
Inflation due to fuel prices or supply chains.
If the government does not print money, inflation may occur due to the reasons above.
Inflation is a word used to describe the successive increase in the prices of goods and services, but saying that printing money is the cause of inflation is wrong, as the market needs printing money and controlled inflation to grow. Most economies indicate that inflation of 1% to 2% is good for the economy, but excessive inflation that The problem is not controlled by the central bank, as the prices of goods and services continue to increase, which affects the economy and has reasons:I agree with most of your opinion!
Random printing of money.
Wrong policies of the central bank.
Corruption, government laxity, and spending on projects that are not economically feasible.
Inflation due to fuel prices or supply chains.
If the government does not print money, inflation may occur due to the reasons above.
isn't the money printing what devalues the existing money on the market
These last few years money printing have gone brrrr ... so did inflation.
~snip~
This way I can be a banker too.
...
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...now the question is all these money they are printing everytime where are they using them? Because if they are using them in the country effectively, I don't think inflation and cost of living would be high to this level. Many politicians are compiling those money in their houses and some of them use them to develop the already developed countries by building schools, hospitals and other institutions in those countries and forgetting their own country to be decayed.
It's pure theft.
Inflation is a word used to describe the successive increase in the prices of goods and services, but saying that printing money is the cause of inflation is wrongAnd who told you that inflation is good in any way? Experts again? ;D
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...It's pure theft.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.
Inflation is terrible and thank your politicians IMO. Anything the government is involved in is controlled by liars and cheats.Exactly. That is what the new norm look like nowadays and yet people don't realize that and still keep on supporting these liars. I do hope that one day ordinary people will find ways to fight and survive inflation and not embrace and suffer.
Times have changed, today we don't have conquests and we don't have a large military force, but to develop our civilizations we need people to work, unless we are colonialists, and guess what, is there enough gold today for every worker as there was yesterday?
Times have changed, today we don't have conquests and we don't have a large military force, but to develop our civilizations we need people to work, unless we are colonialists, and guess what, is there enough gold today for every worker as there was yesterday?
Of course
There is always enough gold
...
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...Only when corruption runs rampant in a monopolistic country and foreign debt continues to soar does money printing continue. The more currency is printed in the country, the more inflation will increase. Moreover, various political ancillary factors are responsible for the increase in inflation in different countries. If heinous crimes like money laundering are organized in the political circles and foreign money is smuggled, then only the rate of inflation increases and the country as a whole moves to such a position that it is not possible to control inflation despite hundreds of efforts.
It's pure theft.
Times have changed, today we don't have conquests and we don't have a large military force, but to develop our civilizations we need people to work, unless we are colonialists, and guess what, is there enough gold today for every worker as there was yesterday?
Of course
There is always enough gold
...
There's not enough gold. The supply of gold is limited. The world population is growing.
Let's imagine that this year you are getting a monthly salary of 1000 dollars, next year you will get a raise according to inflation and your salary will be 1200 dollars. In a gold-indexed system, this year you will receive 13 grams of gold as a monthly salary, but next year the world population will increase, inflation will occur due to demand, and you will receive 11 grams of gold as a monthly salary.Times have changed, today we don't have conquests and we don't have a large military force, but to develop our civilizations we need people to work, unless we are colonialists, and guess what, is there enough gold today for every worker as there was yesterday?
Of course
There is always enough gold
Your salary will decrease, not increase.
If there is not enough gold --> demand > supply --> gold's value increase.
More workers you say.
No problem, each one receives less gold than his father, but more valuable, so no difference.
Also, aggregate welfare is not a constant. Aggregate welfare is a variable. We increase welfare by creating value. By creating value we somehow create inflation.
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I find it weird that someone is making the point that bitcoin can’t become a world currency, this is a community of crypto people, and nobody says anything
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11 grams of gold can have a bigger purchasing power than 13 grams of gold
You focus on quantity
You should focus on value
...
According to Karl Marx the only solution to this problem is "REVELATION". And military government is part of the revolution.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...Actually, they are several factors that can generate inflation in a society, and they are decrease in productivity, increasing in raw material prices an increase in taxes etc. And when this factors listed and more are not taking into consideration in a society, inflation is inevitable in that society.
It's pure theft.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...You're to say that, the governments and it's associates are unquestionable and they operates beyond the lawsuit of civil rights all just for self interest.
It's pure theft.
Inflation has always seemed to me to be a good way to take as much money as possible from people that they have saved for years, and when the prices of goods and services go up sharply and wages remain the same, people have to use their savings in order to survive. In this way, ordinary people become poorer and even more dependent on the system, and such people are always easier to control than those who are financially independent.
"Printing money is necessary in order to stimulate the economy"
(https://pbs.twimg.com/media/GIuANXwXIAAmjBv?format=jpg&name=medium)
:D
J. Milei, Argentina's President, libertarian
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...
It's pure theft.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...We consider inflation rate according to my country native currency with dollars ..
It's pure theft.
We consider inflation rate according to my country native currency with dollars ..
2018, BDT 75@1$
2020, BDT95@1$
2024, BDT,124@1$
The inflation rate is constantly increasing in my country, the main reason is that the government is always secretly and secretly printing money to pay the foreign debt, as a result, the amount of money in the country has increased due to money printing, but the inflation is constantly increasing due to the foreign policy not matching the quality of the country's economy. .
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...We consider inflation rate according to my country native currency with dollars ..
It's pure theft.
2018, BDT 75@1$
2020, BDT95@1$
2024, BDT,124@1$
The inflation rate is constantly increasing in my country, the main reason is that the government is always secretly and secretly printing money to pay the foreign debt, as a result, the amount of money in the country has increased due to money printing, but the inflation is constantly increasing due to the foreign policy not matching the quality of the country's economy. .
Inflation is a word used to describe the successive increase in the prices of goods and services, but saying that printing money is the cause of inflation is wrong, as the market needs printing money and controlled inflation to grow. Most economies indicate that inflation of 1% to 2% is good for the economy, but excessive inflation that The problem is not controlled by the central bank, as the prices of goods and services continue to increase, which affects the economy and has reasons:
Random printing of money.
Wrong policies of the central bank.
Corruption, government laxity, and spending on projects that are not economically feasible.
Inflation due to fuel prices or supply chains.
If the government does not print money, inflation may occur due to the reasons above.
isn't the money printing what devalues the existing money on the market
These last few years money printing have gone brrrr ... so did inflation.
"Printing money is necessary in order to stimulate the economy"
(https://pbs.twimg.com/media/GIuANXwXIAAmjBv?format=jpg&name=medium)
:D
J. Milei, Argentina's President, libertarian
I would put it a little differently :) Forced additional issuance not only helps solve some problems in government funding, but also stimulates the economy to act. However, it also partially stimulates people to find a better use for their money than keeping it "under the mattress", which also leads to the transfer of this money into the economy and promotes consumption of goods and services.
"Printing money is necessary in order to stimulate the economy"
(https://pbs.twimg.com/media/GIuANXwXIAAmjBv?format=jpg&name=medium)
:D
J. Milei, Argentina's President, libertarian
I would put it a little differently :) Forced additional issuance not only helps solve some problems in government funding, but also stimulates the economy to act. However, it also partially stimulates people to find a better use for their money than keeping it "under the mattress", which also leads to the transfer of this money into the economy and promotes consumption of goods and services.
I'm a libertarian
I love freedom
I think people shouldn't be "stimulated" to take their savings out from under the mattress and invest them otherwise those savings get destroyed through inflation.
Investing means risk.
I don't like seeing people - ordinary people. Financially unsophisticated people. Pensioners. Poor people. People who have no idea how to invest - I don't like seeing these people being forced to take risks in order to protect their savings from inflation.
I think people should do whatever they want with their money, without being pressured, without being "stimulated",
and I think monetary authorities should stop devaluing people's money.
When the economy is constantly changing there must be an inflation. When prices tends to rise there must be an inflation, there are different factors that must leads to inflation such as increase in the money supply, high cost of production etc.. thus the federal reserve is working to bring it down.
The only reason why we have inflation, is because they keep printing money ... and there's no one to stop these damn politicians & bankers ...Well, this is a factor in many countries experiencing inflation and even hyper inflation. Examples include Zimbabwe and Venezuela. And printing too much money will only create an unlimited supply of money on the market which will lead to a drastic decline in the value of a currency. In my country, hyper inflation has occurred in the past. But not because of printing too much money, but at that time it was caused by the uncontrolled circulation of 3 types of currency at once on the market. Luckily everything can be resolved and get better again.
It's pure theft.
I invest in fixed supply investment instruments, I invest in Bitcoin and altcoins and I buy gold, but the history of the world has made progress with monetary expansion policies.
When I hear people talking about "progress with monetary expansion policies"... I wish they could - for a moment - lose their privileges and share the same condition of those billions of people who struggle protecting themselves from inflation...
Only real reason for inflation is for rich people to get richer and poor people to get more poor.Well, if we explain it more deeply then everything is inseparable from a game played by rich people. And actually we are also part of the game. And we have to try to survive the challenges in this game, one of which is called inflation. If we want to be able to avoid inflation then we have to be smart people. And you must really understand the current financial and political system. And the concern at this time is that many people don't even understand the financial system they are currently using.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.
Only real reason for inflation is for rich people to get richer and poor people to get more poor.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.
Not many people understand economics like this, those who work in factories only as laborers don't really care about inflation, what is clear is that they have to keep working to keep earning money, so far it is very difficult to get a job that provides a steady income and this is one of the effects of inflation.Only real reason for inflation is for rich people to get richer and poor people to get more poor.Well, if we explain it more deeply then everything is inseparable from a game played by rich people. And actually we are also part of the game. And we have to try to survive the challenges in this game, one of which is called inflation. If we want to be able to avoid inflation then we have to be smart people. And you must really understand the current financial and political system. And the concern at this time is that many people don't even understand the financial system they are currently using.
Anyone who is trying to justify inflation is not thinking with his head but he only repeats what someone else told him.
Inflation is a scam, same as taxes that are not voluntary.