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Thread: Question about money/economy

post 1688622323 08-19-2023, 06:37 PM
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Question about money/economy

If I take 1 trillion dollars from the money supply, and stick it somewhere inactive (e.g. a vault), what is the net effect on the economy and on the other participants in the economy (people)?

More to come...
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post 1688622563 08-19-2023, 06:42 PM
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The rich get richer, the plebs get poorer
post 1688622663 08-19-2023, 06:44 PM
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You are better off paying **** with Monopoly money now because that is where the dollar is headed.

I am on eBay right now trying to buy up on the Monopoly cash. When push comes to shove and the dollar is useless, I will be richer than the Rothchilds, Rockefeller's and the whole entire generation of Jews combine.

Once I become rich, I will make the jews pay big time. Will have them shine my shoes for the rest of their life and then I will lock them up in a room full of pork....it is unkosher to. See how those fukers like it.
post 1688623143 08-19-2023, 06:56 PM
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Originally Posted By BraddlesMcGee⏩
If I take 1 trillion dollars from the money supply, and stick it somewhere inactive (e.g. a vault), what is the net effect on the economy and on the other participants in the economy (people)?

More to come...
It's no different than having the ability to print it.

Devaluation occurs when it is introduced. More dollars = more dollars for goods = goods for more dollars. It's an eventual caboose jerking when a train starts, end of train gets whiplash. But the speed stays the same until you can slow it down (by throwing money overboard and making the train conserve fuel for the ride).

It's a purposeful usurping of capitalism. But it also made us the world's reserve currency because we have so much. We essentially set a trap by making bigger buckets once they get close to full. It only works if our footprint in the world's market maintains or grows.
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post 1688623353 08-19-2023, 07:01 PM
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Originally Posted By memcop⏩
It's no different than having the ability to print it.

Devaluation occurs when it is introduced. More dollars = more dollars for goods = goods for more dollars. It's an eventual caboose jerking when a train starts, end of train gets whiplash. But the speed stays the same until you can slow it down (by throwing money overboard and making the train conserve fuel for the ride).

It's a purposeful usurping of capitalism. But it also made us the world's reserve currency because we have so much. We essentially set a trap by making bigger buckets once they get close to full. It only works if our footprint in the world's market maintains or grows.
I think you get it, but isn't this the opposite or printing? I'm un-printing it!

So, the remaining supply is in less competition with itself, so each is worth more?
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post 1688623413 08-19-2023, 07:02 PM
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Only the currency that blackrock issues will have value.
post 1688623463 08-19-2023, 07:03 PM
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I could tell you but it'd be so simple you wouldn't understand
post 1688623603 08-19-2023, 07:05 PM
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Originally Posted By MosqueDave⏩
I could tell you but it'd be so simple you wouldn't understand
The simpler the better. It makes my following argument more solid.
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post 1688623613 08-19-2023, 07:06 PM
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Originally Posted By BraddlesMcGee⏩
The simpler the better. It makes my following argument more solid.
It would lead to deflation
post 1688623813 08-19-2023, 07:10 PM
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Iunno where are you taking it from?
post 1688623913 08-19-2023, 07:14 PM
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Originally Posted By Destor⏩
Iunno where are you taking it from?
Broadly from consumers. A little bit from all.
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post 1688623973 08-19-2023, 07:15 PM
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Originally Posted By BraddlesMcGee⏩
Broadly from consumers. A little bit from all.
Credit card bills go up by $1trillion
post 1688624033 08-19-2023, 07:17 PM
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Originally Posted By Destor⏩
Credit card bills go up by $1trillion
No they don't. People aren't all living off credit. It isn't possible to do that.
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post 1688624123 08-19-2023, 07:19 PM
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Originally Posted By MosqueDave⏩
It would lead to deflation
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. During deflation, the purchasing power of currency rises over time.
That doesn't sound too bad.
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post 1688624183 08-19-2023, 07:21 PM
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Originally Posted By BraddlesMcGee⏩
No they don't. People aren't all living off credit. It isn't possible to do that.
Probably just switch their cars to 30 year mortgages then
post 1688624233 08-19-2023, 07:22 PM
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Originally Posted By BraddlesMcGee⏩
I think you get it, but isn't this the opposite or printing? I'm un-printing it!

So, the remaining supply is in less competition with itself, so each is worth more?
There will never be unprinting.

Money is not real and now its electronic. They can refuse to produce to try to ween inflation and adjust rates but, like I said, it's all pretend.

But if it wasn't, yes the dollar raises in value based on sheer mathematics alone. There's no way it cannot if there is less dollars. It's a competitive exchange for goods with the device.
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post 1688624253 08-19-2023, 07:22 PM
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Originally Posted By Destor⏩
Probably just switch their cars to 30 year mortgages then
US has a population of 331.9 million. $1 trillion is $3000 from each.
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post 1688624353 08-19-2023, 07:27 PM
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Originally Posted By BraddlesMcGee⏩
US has a population of 331.9 million. $1 trillion is $300 from each.
$1trillion is more like $3000 from each I think

That’s a thousand billions
post 1688624423 08-19-2023, 07:28 PM
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Originally Posted By Destor⏩
$1trillion is more like $3000 from each I think

That’s a thousand billions
Yes I corrected it.
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post 1688624473 08-19-2023, 07:29 PM
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Originally Posted By MosqueDave⏩
It would lead to deflation
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. During deflation, the purchasing power of currency rises over time.
This is the bucket we keep making larger and filling up (globally). Once the dollar makes its way into further cracks in foreign economies, our "bucket" is ready to be changed out and more money printed (made larger).

Beware of BRICS. It breaks everything. I'd suggest you be ready to grow your own food and kill your neighbor because it's the worse case if even a fraction of our markets are taken from us via a country's economic independence.

All that money comes flooding back in causing hyper inflation.
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post 1688624703 08-19-2023, 07:34 PM
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I'll cut to the chase on this.

I think people overrate the billionaire influence on their own lives. Ordinary plebs are not in competition with billionaires. Most of the wealth of the mega rich is inactive in the economy, at least at a basic consumption level.

If you liquidate the billionaires we all get a bit more money, once, with a corresponding inflationary burst which all but destroys the value of your one off increase in numerical wealth.
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post 1688625883 08-19-2023, 07:57 PM
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Originally Posted By BraddlesMcGee⏩
If I take 1 trillion dollars from the money supply, and stick it somewhere inactive (e.g. a vault), what is the net effect on the economy and on the other participants in the economy (people)?

More to come...
From who exactly are you taking the trillion from though?
post 1688626373 08-19-2023, 08:05 PM
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Originally Posted By boomerhumour⏩
From who exactly are you taking the trillion from though?
Answered above "Broadly from consumers. A little bit from all."
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post 1688626813 08-19-2023, 08:13 PM
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Originally Posted By BraddlesMcGee⏩
I'll cut to the chase on this.

I think people overrate the billionaire influence on their own lives. Ordinary plebs are not in competition with billionaires. Most of the wealth of the mega rich is inactive in the economy, at least at a basic consumption level.

If you liquidate the billionaires we all get a bit more money, once, with a corresponding inflationary burst which all but destroys the value of your one off increase in numerical wealth.
Then you decline the economy until the power void is filled with whatever the new limitations are on wealth.

Billionaires own large swaths of the permanent economy as well as produce many billions more in operative economics, employment, and consumption.
Homerotic Modulator, Envious of Idiocy
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