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#432
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robbayyy (08/19/2012) [-] I hate when people say "If our country is in debt we should just print more money"
#472 to #456
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robbayyy (08/19/2012) [-] Ok story time :D
After WWI when Germany's money was worth as much as a pigeons shit these two women went to the shops with baskets full of money. and I mean full to the brim. When they returned 10 minutes later they came back with their huge stack of cash and a couple of loaves of bread but the baskets were gone. The baskets were worth more than their huge stacks of money combined
After WWI when Germany's money was worth as much as a pigeons shit these two women went to the shops with baskets full of money. and I mean full to the brim. When they returned 10 minutes later they came back with their huge stack of cash and a couple of loaves of bread but the baskets were gone. The baskets were worth more than their huge stacks of money combined
#452 to #432
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arsyro (08/19/2012) [-] Those idiots dont realize that if you print 1 one dollar and have one bar of gold the dollar is worth one bar of gold. But if you print two dollars then each dollar is worth half the bar of gold. So therefore the more money you print the less its worth therefore causing prices to rise. Hope this helps
#502 to #452
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leopoldstotch (08/19/2012) [-] Problem with the gold standard is that you are saying that there is pretty much a set amount of "wealth" in the world that is continuing to grow. Truth is that gold is not wealth. You cant use gold to grow a country. Education grows a country. Resources grow a country.
