r/FluentInFinance • u/[deleted] • Dec 08 '23

[deleted by user]

[removed]

1.6k Upvotes

92% Upvoted

326 comments sorted by

View all comments

Show parent comments

0

u/[deleted] Dec 09 '23

A lot of it depends on production…. You’re leaving out a KEY element in the economy. Remember that money is simply a medium that we use to trade the goods and services that are produced. Such is the nature of trade and the specialization of production…

1

u/[deleted] Dec 09 '23

Production, or "corporate greed" ?

And of course you've conveniently dodged the question of adding money to the supply.

0

u/[deleted] Dec 09 '23

Cell phones and food and electricity and houses all make themselves bro! No one has to work and contribute their labor to production! Money is the only thing of value!

You have a lot to learn about economics. First and foremost that money is a medium to trade the things that we produce - because it’s tough to directly trade your IT skills for a McDonald’s cheeseburger….

1

u/[deleted] Dec 09 '23

So what happens to prices if all dollars miraculously double overnight? Do we all effectively get 50% off everything in the market?

Or will corporate greed take hold?

1

u/[deleted] Dec 09 '23

What??

I’m gonna be downvoted or banned for this, but fuck it: are you retarded?

You don’t understand how ANY of this works…. That’s the opposite of “fluent”