By transferring all our cash into these Paddy's dollars, and then printing more of these than ever had cash, we are upping our value!
We can take these Paddy's dollars and distribute them among the shanty towns, they will buy our booze with Paddy's dollars, thus creating a self-sustaining economy!
It’s a percentage of assets to nominal GDP Year over year growth. Essentially we’re printing way more money than our economy can sustain so we will see stagflation which is when there is inflation without any growth/ sufficient production to absorb it. This means the inflation will actually hit us harder than the USA even though they are printing way more money than us, their economy is producing/growing enough to better absorb the inflation so it won’t affect them visibly for the time being.
Well if that doesn’t look like we’re becoming Venezuela I don’t know what does.
socailism
By transferring all our cash into these Paddy's dollars, and then printing more of these than ever had cash, we are upping our value!
We can take these Paddy's dollars and distribute them among the shanty towns, they will buy our booze with Paddy's dollars, thus creating a self-sustaining economy!
I don't understand why is ours higher than USA. Tbh what does this mean
It’s a percentage of assets to nominal GDP Year over year growth. Essentially we’re printing way more money than our economy can sustain so we will see stagflation which is when there is inflation without any growth/ sufficient production to absorb it. This means the inflation will actually hit us harder than the USA even though they are printing way more money than us, their economy is producing/growing enough to better absorb the inflation so it won’t affect them visibly for the time being.
"The only way we can pay back this debt is if we redistribute the wealth."
Yeaaaahhhhh boooiiiii!
Seriously though: learn Mandarin. And photosynthesis - you're going to need it.
Well universal outgo is doing so well, what could go wrong?
Your gold and silver maple leaf coins are pretty nice too, even mainstream investors think it's fine to have some assets in precious metals.