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Do conservatives realize that money does not exist?
the debt does not actually exist, it could be infinite and nothing would change. it's all a globalist bankers pyramid scheme to consolidate their power
8 Answers
- ?Lv 42 weeks ago
Loads of people, conservative or not, have no idea what money is, and/or falsely believe that it comes into being by paid work.
Please refer them to "money as debt" or the economics class about Fractional Reserve Banking.
Whether money-creation causes inflation depends on who gets to spend it, and on whether interest is demanded.
A few years ago the European Central Bank tried to cause inflation by creating 80 billion euro a month for a year, but it failed because it never reached those who had a need to spend it
- SocratesLv 72 weeks ago
Tell that to the Weimar Republic in the 1920's and early 30's or ANY country that has been subject to run-away hyper-inflation.
- 2 weeks ago
Money is the biggest conspiracy theory put about by the banking fraternity.
They like all the money to keep going past themselves and each time that happens they get a rake off.
Imagine getting a percentage of every cent spent anywhere in the world. No wonder they become rich.
- 2 weeks ago
Printing too much money has collapsed many a country. It eventually, without exception, causes massive inflation making the currency worthless. By the time Biden is done, we will all need a few wheel barrows to buy a loaf of bread.
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- Anonymous2 weeks ago
Not only do WE know, we also know when and how the money was destroyed.
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Aug 15 1971 red letter day for American freedom,....... and our prosperity.
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That day was not the first step but the last time currency and money were linked. Now its just currency (or credit).
- Mao BiddenLv 72 weeks ago
Do liberals realize that treating money as if it doesn't exist results in financial disasters like Argentina 1999, Great Britain 1964, Austria 1922, Turkey 2017 etc, etc, etc.
- 2 weeks ago
Something doesn't have to be tangible to exist. We can't touch music, the big bang, numbers, infinity, semantics, psychology, space, negative numbers, a point, dreams, thoughts, time, and a myriad of other things.
- Anonymous2 weeks ago
Money is an agreement, it's an easy way to barter by assigning value to money. We owe these other countries something you could say.