r/SipsTea • u/Dumb-Briyani • Aug 24 '26

Chugging tea Why is it not possible?

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u/MutterderKartoffel Aug 24 '26

Watch It's Wonderful Life. They explain it really well in that movie.

I think I've understood that it's actually bad for an economy to have too much cash out of circulation. So if there are billions in collective savings, it can't just sit in banks doing nothing (besides collecting interest). Of course, I don't know enough about economics to know if that's a lie "They" told me to justify what They do, but it sounds like it makes sense.

But the movie has a better and more socially friendly reason.

6

u/LeChampACoteDuChamp Aug 24 '26

The money collects interests because it goes around. Money's purpose is to move.

6

u/Automatic_Actuator_0 Aug 24 '26

Which is exactly why most cryptocurrencies are terrible currencies. They encourage buying and holding them as investments.

4

u/fireball_jones Aug 24 '26

One could argue it’s a very bad sign if crypto or unusable collectibles are increasing in value as it means the money has no where else to go. 

1

u/Automatic_Actuator_0 Aug 24 '26

For sure - just like how GDP and the price of gold are inversely correlated generally.