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/biz/ - Business & Finance

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50967355 No.50967355 [Reply] [Original]

Why doesn't the FED just completely stop printing fiat and the gov burns everything they receive through taxes so that fiat goes back to being 1:1 with gold in a short time and the economy makes sense again?

>> No.50967369

>>50967355
because the supply chain would collapse and millions would die

>> No.50967373

>>50967355
Because dishonest men hate honest money.

>> No.50967383

In short, because thus would be very gay.

>> No.50967391

>>50967355
Can you please refrain from posting anti semitic shit. Take that shit to /pol/ or I'll report you.

>> No.50967432

>>50967355
because congress spends twice what they bring in and there is no constitutional way to stop them.

>> No.50967453
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50967453

>>50967391
Cool it with the antisemitism. Op wanna meet Wesley snipes?

>> No.50967489

if you look at history fiat currency always fails, that's what the great reset is all about, the currencies reset in the form of digital central bank cryptocurrency.

>> No.50967499

>>50967355
Why dont we give the money made from collecting wool back to the sheep?

>> No.50967513

>>50967355
Because debt has already been taken out on the money that's been printed and if they reduce the money supply there won't be enough in circulation to service the debt and buy goods.