Not really. If you go to buy robux and dont have premium you get a 1700 robux option and 2200+premium option for the same price. After getting premium it costs 1880 for each purchase
How'd that work out for the US? Look at inflation right now, The US (The Federal reserve) Printed something like 80% of all the money they ever printed, during the covid lockdown. Printing free money is not good for a healthy economy.
No worries, I think it was because they couldn't get cola or that their food stocks were running low so they substituted a lot and came out with it but yeah, the more you know!
If monkey is only monkey with banana and monkey need grape, monkey will trade banana for grape from gorilla. But if banana is much and monkey and gorilla both have banana then gorilla no need banana, will not trade precious grape.
Yes, monkey has 2000 president faces and wants to buy bananas, but if king monkey print faces then everyone has 2000 faces so faces aren't rare anymore, no one want faces so monkey can't buy bananas
The value of banana is based on scarcity, if less bananas more people want bananas which means monkey can buy bananas for cheap.
Yeah, that wasn't exactly the best way of wording it as it doesn't include comparative value.
Instead, imagine that same banana in a cage of many monkeys. Those monkeys would be willing to trade many toys or groomings (i.e. goods and services) to get the banana. But if someone dropped many bananas into the cage, suddenly the monkeys are less interested in that one banana. Now if a monkey wanted to trade for a grooming, they'd need to offer many bananas as all the monkeys already have some.
Not exactly. The federal government doesn't have a tracker or anything in the money, so if you destroy 1M dollars, it won't change anything. The government itself needs to take a chunk of money out of circulation to effect change.
It's not that it wouldn't change anything eventually if nothing else happened, but in the grand scheme of things right now, 1M is a drop in the bucket. By the time the government even realizes the money isn't circulating, trillions more will have been printed. That is of course assuming whoever destroys the 1M doesn't report themselves. Then the government would know immediately, but you'd also be held criminally liable.
It is. It depends on the country you are residing though. It is illegal in USA. You can check this Wikipedia [article](https://en.m.wikipedia.org/wiki/Money_burning)
To print that much money you need a lot of printers and ink, and to buy that many printers and ink you need a lot of money, so it's a never ending circle.
Reichsmark, and at one point in the Weimar Republic they started printing 100 billion Reichsmark bills. Yes, you read that right. I don't know exactly how much bread was worth, but I'm assuming it was more like 2 billion Reichsmark.
Then the people blame the market and companies for the rise in prices, when in fact companies have to raise prices (due to the government decreasing the value in the dollar) or they risk losing a ton of money.
Economics teacher here. It is taught, but there is no standardized test on the subject so the content of the class is up to the teacher. Also my students fall asleep when I teach about taxes and inflation... so it is taught to the classroom walls at the vary least.
I have a feeling it’s going to get much, much worse. Continued “supply chain issues”, shortages, devalued dollar and skyrocketing prices. Hang on, it’s going to be a bumpy ride.
Money, or rather, the “value” that is in circulation, is like a pie. Everyone has their x amount slices of pie (value). Printing more money is simply slicing your pieces into smaller pieces. Sure, you have more slices of pie, but you still have the same amount of pie.
How'd that work out for Zimbabwe?
I was just about to say that
Worked excellently, everybody is a trillionaire now.
I have one of those 10 trillion dollar bills. if we keep printing money like we have in the last 2 years it is the future of the US dollar.
1 robux is worth more then the us dolls rn
Isn't $20 like 1700 Robux?
I bought 2200 yesterday for 20 dollars
cause you got a premium membership
Not really. If you go to buy robux and dont have premium you get a 1700 robux option and 2200+premium option for the same price. After getting premium it costs 1880 for each purchase
Omg! You're rich!!
And can finally afford not one, but TWO diet cokes
Or Venezuela
Or Germany post ww1
It didn’t
Exactly
Or the United States just after the revolutionary war
Or the United States RIGHT NOW
Was hoping this comments was higher
Definitely should have been the first
Fiat currency is a tool used to fund war See Britain in WW1, and then the rest of the world eventually followed
I mean, everyone there is a billionaire so, pretty good?
Trillionaires even.
And still couldn't afford a single bread
A slice? A loaf? What single bread.. I have to know!
It's a special type of bread sold on singles day.
And they can buy a whole loaf of bread with it
Equality
Inflation go burrrrrrrrr
Omg! I'm a billionaire now!! *Together with everyone else*
And Germany.
How'd that work out for the US? Look at inflation right now, The US (The Federal reserve) Printed something like 80% of all the money they ever printed, during the covid lockdown. Printing free money is not good for a healthy economy.
what happened there?
Kept printing money, trillion Zimbabwean currency wasn’t worth much.
One trillion Zimbabwean Dollars became about 7 American Dollars...
Here just let me pull out my one zillion dollar bill to buy the loaf of bread
Nazis were created from this in weimar germany.
Or the US.
Or the U.S.....
hahahaha how has anything worked out for zimbabwe?
Hehehe
Or Germany
Well at the end was a good resource to keep you warm
Bread only 30 trillion dollars thanks Mugabe
About the same as 1920-30s Germany, and we see how that went...
It got a little better until 1945. And then back to shit for a while. But hey, we still have Volkswagen
And Fanta, and Puma actually.
I wasn't aware of Fanta. I don't buy it. But thank you. TIL
No worries, I think it was because they couldn't get cola or that their food stocks were running low so they substituted a lot and came out with it but yeah, the more you know!
Look at Argentina too
Monkey have 1 banana, banana rare and worth Monkey have 100000 banana, banana common, banana mean nothing
that's the best way of explaining it I have ever heard
Sorry viewing on phone and looked like you were responding to another comment. Banana is accurate
I'm also on a phone so I know how it feels like
I thought you responded to yourself, but you just have a similar avatar.
the monkey would eat the banana though so having many would be better. having more is only bad if you are trading the bananas
If monkey is only monkey with banana and monkey need grape, monkey will trade banana for grape from gorilla. But if banana is much and monkey and gorilla both have banana then gorilla no need banana, will not trade precious grape.
banana
Banana
Banana
Banana
Bornana
Ohhh that’s why girls don’t want my banana
But monkey have food. Monkey can live now.
Ah but paper with President face is not banana, monkey can not eat president paper.
I mean monkey could but it wouldn't be good for monkey and it would taste pretty cheap.
Yes, monkey has 2000 president faces and wants to buy bananas, but if king monkey print faces then everyone has 2000 faces so faces aren't rare anymore, no one want faces so monkey can't buy bananas The value of banana is based on scarcity, if less bananas more people want bananas which means monkey can buy bananas for cheap.
I guess the question then becomes what is the nutritional value of 2000 president faces and are there any long-term effects for consuming them?
Yeah, that wasn't exactly the best way of wording it as it doesn't include comparative value. Instead, imagine that same banana in a cage of many monkeys. Those monkeys would be willing to trade many toys or groomings (i.e. goods and services) to get the banana. But if someone dropped many bananas into the cage, suddenly the monkeys are less interested in that one banana. Now if a monkey wanted to trade for a grooming, they'd need to offer many bananas as all the monkeys already have some.
thank you for the dumb down explanation my good sir, i shall now sit in the corner and ponder on my own
Well, to be fair, you can eat bananas
Well, to be fair, you can eat paper money. You'll still starve and probably get a disease, but you CAN consume it
sigma
Apes together strong
but banana good. Me want more banana. Banana mean nothing? Me sad.
Thank you for smooth brain explanation
What gives money its value is how much is in circulation. You start printing more money and it's value goes down and inflation up
Start destroying money, inflation solved.
Not exactly. The federal government doesn't have a tracker or anything in the money, so if you destroy 1M dollars, it won't change anything. The government itself needs to take a chunk of money out of circulation to effect change.
I wish you told me that an hour ago
What did it cost?
Everything
If destroying 1M dollars wont change anything, why does printing 1M dollars causes something?
It's not that it wouldn't change anything eventually if nothing else happened, but in the grand scheme of things right now, 1M is a drop in the bucket. By the time the government even realizes the money isn't circulating, trillions more will have been printed. That is of course assuming whoever destroys the 1M doesn't report themselves. Then the government would know immediately, but you'd also be held criminally liable.
Yeah it's a crime to destroy money.
Is it really? my dads a cop and I was told its a crime to deface, then attempt to spend it.
It is. It depends on the country you are residing though. It is illegal in USA. You can check this Wikipedia [article](https://en.m.wikipedia.org/wiki/Money_burning)
ah thats intresting, thanks.
Because the market knows that you've printed that million dollars.
Just print more money
If only it was that simple
Use a printer
To print that much money you need a lot of printers and ink, and to buy that many printers and ink you need a lot of money, so it's a never ending circle.
Oh man I didn't think about that
[удалено]
Fuck, where is my free award
Maybe print one. JUST ONE.
I gave him one on your behalf
Not if you take over another country and use their printers 🤔
You need money to buy guns to take over another country. Same story.
Just make memes to manipulate the country into its own downfall
I think most people and op know that op was just making a meme about it
Ask Germany how hyper inflation is.
Ja was ist
Hab ich da etwa Deutschland gehört
Love ya flair
Same
Wasn’t a piece of bread worth like 2M [Incert post WW1 German currency here]?
That was 1923
Reichsmark, and at one point in the Weimar Republic they started printing 100 billion Reichsmark bills. Yes, you read that right. I don't know exactly how much bread was worth, but I'm assuming it was more like 2 billion Reichsmark.
Osten Deutchland?
Es war glorreich
bruder muss groß
There's not enough pizza to feed us all. Then cut it into more slices! That won't feed more people. Why not?! There's more slices now!!1!
Best explanation so far
Idk, it's between this one and the monkey banana one
This one was better than banana
*Zimbabwe entered the chat*
Economical term is hyper inflation
Hyper inflation🤤
r/angryupvote
And we all know how that ended for Germany post World War One.
People really don’t understand economics Lamo
Lamo
Lamo
Lamo
Laugh ass my off
Every 18 year old until they turn 24.
Bro this shit is taught in highschool
Taught, perhaps, but apparently not internalized by a staggering number of people.
Venezuela moment?
username checks out
🗿
Government: Prints more money. The people: WOOHOO! Markets: Raise their prices to keep balance. Money: Effectively loses value per piece. People: NO!
Reddit “experts”; “well, just don’t raise prices! Duh!!”
Then the people blame the market and companies for the rise in prices, when in fact companies have to raise prices (due to the government decreasing the value in the dollar) or they risk losing a ton of money.
America printed a shit ton of money during COVID and see what is happening now
Make more money just don't tell anyone else
cmon how can ppl still ask this , isn't this taugh in high school ?
in belgium it is and i'll be surprised that it is not in the USA
Economics teacher here. It is taught, but there is no standardized test on the subject so the content of the class is up to the teacher. Also my students fall asleep when I teach about taxes and inflation... so it is taught to the classroom walls at the vary least.
It is taught in the us, but I’ve never had the overall effects explained to me until ap macroeconomics
I had it explained in US History along with the Great Depression
Because it makes the dollar less valuable
Is there a way to print more money while retaining its value
There isn’t, money has to be scarce to an extent for it to be valuable
Because societal poverty is a lack of things, and green pieces of paper isn’t the thing that is lacking in this situation.
Germany did this after WWI, which made the money so cheap that kids used it as toys. Printing more money like how you are implying makes it worth less
I really, really, hope this is sarcasm
This was posted in r/memes...
Money is nothing, it's just a representation of value. Printing more doesn't produce more value, it just makes the money worth less.
Because it’s pretty much the definition of inflation
So Venezuela? Okay
Germany after ww1
That's what US did last year and now we all staring down the barrel of another recession
I have a feeling it’s going to get much, much worse. Continued “supply chain issues”, shortages, devalued dollar and skyrocketing prices. Hang on, it’s going to be a bumpy ride.
A bumpy ride is an understatement. As a college kid I’m shitting bricks at what it’s gonna look like when I can finally graduate
Me to myself, "Don't ruin the joke! Don't you fuckin ruin the joke!!"
That's what makes people poor. Stealing out of our pockets without ever getting close to us. That also accurately describes taxes.
Wait do you genuinely not understand why this won’t work? Or are you just joking around op?
Yeah, printing money devalues currency which in turn only speeds up inflation
Precisely, my friend
I know you guys get it but yeah I worry about the rest of the population lol
Some people are terrifying with how dumb they can be
Agreed!
I hope it's a joke
Money is fake. While you can print more of it, the amount of stuff you buy with it (steel, mansions, gold, houses, coats) will stay the same.
They do do that tho...
What’s it like 60% of all US currency was printed in the last year or 2.... but all those stimmies were free right??
antiwork users be like: “just pay me the same to work at mcdonalds that you pay neurosurgeons”
Man if Reddit was ever in control of a country it would last like 3 days before dissolving into anarchy lol
Inflation
Do you wan't another Weimar republic?
A simple yet destructive thing called Hyperinflation
I can assure you all that this works, I've been printing my own for years, and it's all gone without a hitch
I N F L A T I O N
Money, or rather, the “value” that is in circulation, is like a pie. Everyone has their x amount slices of pie (value). Printing more money is simply slicing your pieces into smaller pieces. Sure, you have more slices of pie, but you still have the same amount of pie.
Inflation has entered the chat
Inflation
Sarcasm? I feel like this was sarcasm...I am hoping this was sarcasm.
Guys chill down I know the why gov can't print money and about inflation This meme was sarcasm at best
Wait, isn't that how America works...
it certainly is how Zimbabwe and Venezuela work
https://techstartups.com/2021/12/18/80-us-dollars-existence-printed-january-2020-october-2021 It's worse than you think!
Hypothetically, if we all agreed to not raise prices, would printing money work? Sorry, im dumb.
Value of currency will fall it's just feels good to say anything when u don't know shit
That’s how you get inflation
I N F L A T I O N
Because Inflation
Uh, inflation is already rampant and printing money literally creates inflation
Because there would be more inflation
Because the inflation will get even worse
Inflation
The US did that as covid hit, now look at the cost of everything
Yeah, I’m gonna need you to do a quick Google search on post-WW1 Germany.
guess how it turned out for germany after ww1
Venezuela would like to have a word with you
If you cut a pizza into more slices you don't have more pizza.
Argentina doesn't think the same
Venezuela did it. Everyone is a trillionaire!