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lharms
MAME Fan
Reged: 01/07/06
Posts: 908
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Re: Someone asking to borrow money makes it get printed
05/06/16 09:57 PM


> https://www.imf.org/external/pubs/ft/fandd/2016/03/pdf/kumhof.pdf
>
> Uhhhhmmmmm

Pretty cool huh?

Now to really bake your noodle they count it in many different ways.
https://en.wikipedia.org/wiki/Money_supply

I recently found this video and it explains it very nicely what is going on in non economic jargon. It leaves out huge swaths of what is going on but is nice because it keeps it simple. He talks about the creation of money. Most people call it credit. https://www.youtube.com/watch?v=PHe0bXAIuk0

Also if you have ever used a credit card you created money. The bank made up money to pay for your purchase with a promise from you to pay them. When you 'pay it off' that fake money disappears and is replaced with real cash. Its kinda subtle and weird.







Entire thread
Subject Posted by Posted on
* Someone asking to borrow money makes it get printed SmitdoggAdministrator 05/06/16 05:02 AM
. * Re: Someone asking to borrow money makes it get printed lharms  05/06/16 09:57 PM
. * Re: Someone asking to borrow money makes it get printed Vas Crabb  05/06/16 06:37 AM
. * Re: Someone asking to borrow money makes it get printed krick  05/06/16 07:25 PM

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