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/biz/ - Business & Finance

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17180723 No.17180723 [Reply] [Original]

If the amount of debt that exists is more than the money in circulation how can the debt ever be payed off? Is there a name for this? Some countries have more debt than money that exists now what happens?

>> No.17180729

Money doesn't exist, only love exists.

>> No.17180756

The debt is paid off by printing new money, creating new debt. The cycle perpetuates itself into infinity debt until people realize the jewish trickery and switch to using bottlecaps as currency

>> No.17180780

>>17180723
The debt is denominated in something that's value is not defined by anything

>> No.17180795

lay off the weed, apu

>> No.17180813

>>17180756
>The debt is paid off by printing new money, creating new debt.
what a retard, you know this a finance board right? what the fuck are you doing here?

>> No.17180839

>>17180723
The money supply has slow inflation. The debt is supposed to rise at near the same rate as inflation so we can always pay off the accrued interest. In theory the debt never has to be paid off. If the debt goes too high the money has to be reinflated to keep up with debt payments. If the usd inflates too much then people won't want to store their wealth in USD so it's bad to take on too much debt.

>> No.17180858

Anyone who brings "da Joos" in to this is a low IQ faggot.

>> No.17180889

It's called central banking and money printing

It's incredible how many people don't know about this

We need to abolish the federal reserve and allow free banking

>> No.17180891

>>17180723
I have red on this website that the debt is a meme ...we don't need to ''resolve'' the debt problem... and it is the debt and money printing that prop up the economy

>> No.17180901

>>17180889
What are some books on central banking I can read? Sorry for my ignorance.

>> No.17180904

>>17180901
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy

https://en.wikipedia.org/wiki/The_Grace_Commission

Let me know if you have anby Qs Anon

>> No.17180905

>>17180839
>In theory the debt never has to be paid off. If the debt goes too high the money has to be reinflated to keep up with debt payments. If the usd inflates too much then people won't want to store their wealth in USD so it's bad to take on too much debt.
in two words: siver yes or silver not?

>> No.17180912

>>17180904
Can you explain fractional reserve banking.

>> No.17180923
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17180923

>>17180723
110 IQ take: the only thing that matters is tangible assets like land and productive businesses that this monopoly money debt is used to funnel into the control of the people who get to conjure this monopoly money out of thin air, not how much of it is in circulation.

3000 IQ take: money ain't real and unironically IT JOOOOOOOOOOOOOOOOOOO

>> No.17180930

>>17180912
No way you could have read the links that quick!

>> No.17180935

>>17180930
I didn't I just asked you a question

>> No.17180938

>>17180935
read the links...

>> No.17180942
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17180942

>>17180723
>If the amount of debt that exists is more than the money in circulation how can the debt ever be payed off?


Ov vey! That's an anti-semitic question, goy

>> No.17180948

>>17180901
What has government done to our money by Murray rothbard

End the Fed by Ron Paul

Austrian economics is the only real economics.