this post was submitted on 23 Aug 2024
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Lemmy Shitpost

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Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.

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[โ€“] [email protected] 2 points 3 months ago (1 children)

I mean technically the federal reserve is a ponzi scheme they charge interest on money printed requiring more money to be paid back than they printed. Ergo there isn't enough print money in existence to pay them back.

[โ€“] [email protected] 4 points 2 months ago

Regular economic thinking doesn't work on the scale of nations. Just like a family having debt is not the same thing as a country having debt.

Pretty much everyone in the world has no full idea how an economy works and how to best stimulate it. It's like a trillion moving parts and smart asses always go "yea this pin over here? That's the one that's the problem / solution"

Pretty much no-one knows. We have ideas what's better / worse but anyone who tells you they've got it figured out, is lying.