Topic: How to explain that the dollar printing causes the inflation? (Read 84 times)
Dude, you're debating NPCs, and even if you could convince them, it makes literally no difference to anyone, will do nothing to improve your life. Maybe you should get a job instead of debating ghosts.
And they do it when the US and NATO don't send enough money to Ukraine. That's why Ukraine can build nukes without the help of the US and NATO, if they want.
I see that you have pro-putin political views. Can you look at this video, please?
https://youtu.be/q07dm6lPs2k
November 01, 2024, 11:17:56 PM
Quatitative tightening is removing money from circulation. Not notes necesarily, also the money that is just a book record in a company or a Bank. To achieve this you have several mechanisms but one of them is to sell bond. The CB sells bonds thus removing the money used to pay these from circulation.
You want to say that the quantitative tightening is like hiding money? And those who control the money (the Fed, the financial aristocracy) have the ability to unpack this hidden money at some moment, in particular to maintain their political power?
And they do it when the US and NATO don't send enough money to Ukraine. That's why Ukraine can build nukes without the help of the US and NATO, if they want.
Quatitative tightening is removing money from circulation. Not notes necesarily, also the money that is just a book record in a company or a Bank. To achieve this you have several mechanisms but one of them is to sell bond. The CB sells bonds thus removing the money used to pay these from circulation.
You want to say that the quantitative tightening is like hiding money? And those who control the money (the Fed, the financial aristocracy) have the ability to unpack this hidden money at some moment, in particular to maintain their political power?
Could you you please explain to me what do prostitutes have to do with real state and gold?.
I mean, that the inflation means the increase of the prices of services. Also, I mean the Briffault's law: resources like money give the men the possibilities to build relationships with women. The Briffault's law comprehensively describes how the society works - in particular, how the power gives the possibility for a men to have more women and more children. In the class societies of the past, men in upper classes always had more possibilities to have sex and so on.
Your answer is right here - https://duckduckgo.com/?q=Tom+Schauf%2C+bank+freedom&ia=web.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
There is nothing secret about what banks do on that regard dumBAss, there is no oath of secret on how a bank works in a fractional deposit system.
What you call "free money" is simply the way the system works by allowing banks to lend more than they have in deposit, it is not that difficult to understand and there is no "double payment". They percent they have to keep in reserve in their accounts in the central banks is regulated.
What you call "promisory note" is probably a loan and you do not "fund your loan with your loan". The deposits in the bank fund a fraction of the loan.
Exactly! You are finally understanding a little. However, bank CPA's DO promise to not reveal what is in the bank ledgers that they validate.
Of course the system works that way. It's designed to screw so-called borrowers along with the rest of the people who use the money system that the bank uses. However, depositing a promissory note like it was a money order or a check - or cash - is unconscionable. There might not be anything wrong with it if the bank simply did the trade, promissory note for bank check, or whatever. But they don't admit the trade. They hide it, and make it look like the so-called borrower actually borrowed something from them.
I guess I made a mistake after all. The "exactly" that I started this post out with was wrong. You don't seem to understand anything about the way the banking system works. Of course, it's to be expected from you.
A bank trick and lie as the banks walk off with all the money they have stolen over the years...
BREAKING: Federal Regulators Are Preparing For Massive US Bank Failures As 750 Billion In Losses Is Now Due - https://freeworldnews.tv/watch?id=672409d26d3d9c5888caa639
Robert Breedlove: Philosophy of Bitcoin from First Principles | Lex Fridman Podcast #176
Your answer is right here - https://duckduckgo.com/?q=Tom+Schauf%2C+bank+freedom&ia=web.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
There is nothing secret about what banks do on that regard dumBAss, there is no oath of secret on how a bank works in a fractional deposit system.
What you call "free money" is simply the way the system works by allowing banks to lend more than they have in deposit, it is not that difficult to understand and there is no "double payment". They percent they have to keep in reserve in their accounts in the central banks is regulated.
What you call "promisory note" is probably a loan and you do not "fund your loan with your loan". The deposits in the bank fund a fraction of the loan.
Could you you please explain to me what do prostitutes have to do with real state and gold?. Why is the circulation of money supposed to be based of those goods and services which are not completely vital for the development of a society (with the exception of real state).
Why does prostitution have to do with macroeconomics decisions on whether the government is supposed to issue more money or not? If prostitutes start to increase the price of their services then is the federal reserve supposed to "burn" more money in order for the average price or value of prostitution stay stable?
It is the first time I have ever heard about such economical ideas.
Also, Fiat is supposed to be a representation of both the trust people have in the issuing nation and the wealth created by the same nation in a specific period of time, if wealth creation goes slower than money printing of money then inflation is inevitable, the opposite happening leads to deflation.
Why does prostitution have to do with macroeconomics decisions on whether the government is supposed to issue more money or not? If prostitutes start to increase the price of their services then is the federal reserve supposed to "burn" more money in order for the average price or value of prostitution stay stable?
It is the first time I have ever heard about such economical ideas.
Also, Fiat is supposed to be a representation of both the trust people have in the issuing nation and the wealth created by the same nation in a specific period of time, if wealth creation goes slower than money printing of money then inflation is inevitable, the opposite happening leads to deflation.
Your answer is right here - https://duckduckgo.com/?q=Tom+Schauf%2C+bank+freedom&ia=web.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
It is simple. All the banking science is just talk to hide what the banks really do. Find yourself a bank CPA who is willing to break his oath of silence, and tell you what the bank ledgers show. Here is what it is, in brief.
Bank loan officers deposit loan promissory notes into bank accounts just like they were checks or money orders. Then, when the borrower pays off the loan over the years, the bank gets a second big payment, plus interest.
In other words, when you borrow money from a bank, you fund your own loan by your promissory note. The bank gets free money.
The free money ultimately finds its way into the pockets of the owners of the Federal Reserve Bank. They use it to fund the wars that they make worldwide, all for the purpose of stealing property from people worldwide.
The deposited promissory notes are essentially new money. Since the bankers own it, they can print it as they deem necessary. Think of all that new money created when governments borrow $billions. And the people suffer by the inflation caused when it is printed.
This is why BRICS was formed. The nations of the world were getting tired of funding banks that use the money to steal from them. It's the reason for the Ukraine war. The banks don't like being toppled by BRICS.
What is there to understand? You have more money for the same resources, resources rise in price - as simple as it gets, that's inflation.
You can call it money printing or quatitative easing, there is not that much of a difference, but just in case:
Quatitative tightening is removing money from circulation. Not notes necesarily, also the money that is just a book record in a company or a Bank. To achieve this you have several mechanisms but one of them is to sell bond. The CB sells bonds thus removing the money used to pay these from circulation.
You want to "ease", the you re-buy the bonds and money gets into circulation again.
This is the 6 year old version of it.
So yes, if you'd want to keep prices stable... let's say that you only have apples ok? Now each apple is 1 USD and you have 1000 apples, so you can issue 1000 USD and the apples will not change the price.
You issue 2000 USD and apples will start costing 2 USD (inflation.
Now, your economy improves and now you produce or have 5000 apples. If you do not put more money into circulation each will cost 20 cents. So if you want to keep it stable you'd need to print up to 5000 USD to keep their price at 1 USD.
Simple uh?
You can call it money printing or quatitative easing, there is not that much of a difference, but just in case:
Quatitative tightening is removing money from circulation. Not notes necesarily, also the money that is just a book record in a company or a Bank. To achieve this you have several mechanisms but one of them is to sell bond. The CB sells bonds thus removing the money used to pay these from circulation.
You want to "ease", the you re-buy the bonds and money gets into circulation again.
This is the 6 year old version of it.
So yes, if you'd want to keep prices stable... let's say that you only have apples ok? Now each apple is 1 USD and you have 1000 apples, so you can issue 1000 USD and the apples will not change the price.
You issue 2000 USD and apples will start costing 2 USD (inflation.
Now, your economy improves and now you produce or have 5000 apples. If you do not put more money into circulation each will cost 20 cents. So if you want to keep it stable you'd need to print up to 5000 USD to keep their price at 1 USD.
Simple uh?
I am talking at a science forum with politics section, where the Dem supporters are dominating. I tried to explain them, that the dollar printing is a hidden taxation and at the same time the cause of the inflation. They started denying this statement; firstly they said that there is no such thing as the "dollar printing", instead the term "quantitative easing" should be used. I don't understand the difference between these terms, hope somebody will explain me this. If I am not mistaken, some of the dollars are also "burned" (quantitative tightening), what does this mean?
Then, they said that the quantitative easing produces the inflation not always, but only when the amount of money printed is bigger than the growth of economy. I am sure that this is not true: the inflation should be calculated by the prices of gold, real estate and (sorry) prostitutes, not by the prices of smartphones (which can decrease because of the growth of technology). I suppose, the groцth of bitcoin is a simple and expressive indicator that the fiat currencies are inflating. How can I explain this in economic terms for these people?
And one more question. When I asked them whether the quantitative easing is a hidden taxation, one of them responded:
I don't know what means the term "bonds", so I am asking to help me understand this, and help me to explain this "economist" that he is wrong.
Then, they said that the quantitative easing produces the inflation not always, but only when the amount of money printed is bigger than the growth of economy. I am sure that this is not true: the inflation should be calculated by the prices of gold, real estate and (sorry) prostitutes, not by the prices of smartphones (which can decrease because of the growth of technology). I suppose, the groцth of bitcoin is a simple and expressive indicator that the fiat currencies are inflating. How can I explain this in economic terms for these people?
And one more question. When I asked them whether the quantitative easing is a hidden taxation, one of them responded:
Quote
In fact, I think it might be argued that failure to do it when circumstances dictate would be, since at such times people are not buying government bonds. If the government raised the bond rates attract buyers, the taxpayers would be on the hook for even more money
I don't know what means the term "bonds", so I am asking to help me understand this, and help me to explain this "economist" that he is wrong.
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