You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #48: Very good. Except that I create my own money. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
Llewlladdwr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-01-11 03:13 PM
Response to Reply #41
48. Very good. Except that I create my own money.
We all do, everyone who participates in society, by performing a useful service or producing a useful good. That's where the value behind money comes from. The Government can always produce more physical tokens, but it can't arbitrarily produce value to support them. That's why printing more money usually leads to inflation. Your entire premise is off here, there is no secret cabal creating 'value' in a locked room somewhere.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC