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If I had a nickel for every one I've seen, I'd have two nickels, which isn't much, but it's strange it happened twice.

And I have no idea what it means.

A couple of examples:

One and two.

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[-] Paragone@lemmy.world 1 points 3 months ago

You might know that nearly-all of the US currency was created very-recently...

You might know that when you double the amount of currency, you halve the value of each unit of that currency ( this is the essence of "inflation" )

The money printer is essentially how the US has been "managing" its economy: print money REALLY fast, & hope that nobody notices while the shell-games go on, changing ownerships, rigging corporations, etc...

but when it all comes crashing down, then .. accountability will just go POOF!, same like usual, with institutional-authority..

https://forexsignalsystemtrading.blogspot.com/2020/11/100-years-of-debt-in-half-year.html?m=1

Scroll-down a bit, & see the graph with the pale-blue color on it.. look at that graph, which shows how the amount of US money in circulation nearly-doubled in 2020..

The lead line in that article is important, too: 100y of debt gained in 1/2y.

Corrupt authority, both private & public, won't ever tolerate either accountability or responsibility..

it's the others who will be forced to pay, of course..

However, misregulation, disregulation, & bald-faced corruption do make the damage happen faster.

_ /\ _

[-] Paragone@lemmy.world 2 points 3 months ago

PS: I'd left this implied, but it ought be explained..

IF the current-powers-that-be can just print money to make a fake "good economy",

THEN why can't we do so, too?

this post was submitted on 04 Jun 2024
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