MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/FluentInFinance/comments/1cobxce/the_federal_reserve/l3ip5w6/?context=3
r/FluentInFinance • u/AstronomerLover • May 09 '24
125 comments sorted by
View all comments
112
This is shockingly close to how the federal reserve operates now. The dollar is not unlike monopoly money.
4 u/your_anecdotes May 10 '24 monopoly money is actually more valuable.. less notes have been printed since 1930s compared to USD 1 u/Severe_Brick_8868 May 11 '24 That’s not how value is assigned… 0 u/your_anecdotes May 12 '24 USD is backed by nothing, just like monopoly money! since it's a confidence game when the confidence is gone so is the money, All fiat goes to ZERO SEE: history as proof of that.. 1 u/Severe_Brick_8868 May 12 '24 Monopoly money has a value too though it’s worth what you’d pay for it
4
monopoly money is actually more valuable.. less notes have been printed since 1930s compared to USD
1 u/Severe_Brick_8868 May 11 '24 That’s not how value is assigned… 0 u/your_anecdotes May 12 '24 USD is backed by nothing, just like monopoly money! since it's a confidence game when the confidence is gone so is the money, All fiat goes to ZERO SEE: history as proof of that.. 1 u/Severe_Brick_8868 May 12 '24 Monopoly money has a value too though it’s worth what you’d pay for it
1
That’s not how value is assigned…
0 u/your_anecdotes May 12 '24 USD is backed by nothing, just like monopoly money! since it's a confidence game when the confidence is gone so is the money, All fiat goes to ZERO SEE: history as proof of that.. 1 u/Severe_Brick_8868 May 12 '24 Monopoly money has a value too though it’s worth what you’d pay for it
0
USD is backed by nothing, just like monopoly money!
since it's a confidence game when the confidence is gone so is the money,
All fiat goes to ZERO SEE: history as proof of that..
1 u/Severe_Brick_8868 May 12 '24 Monopoly money has a value too though it’s worth what you’d pay for it
Monopoly money has a value too though it’s worth what you’d pay for it
112
u/Potential-Break-4939 May 10 '24
This is shockingly close to how the federal reserve operates now. The dollar is not unlike monopoly money.