Post
Topic
Board Economics
Re: A Question about Fiat
by
CryptoCarmen
on 02/11/2014, 11:13:46 UTC

Honestly I dont know how to start this conversation but what Im trying to say is this

What happens if we in America that can afford to save every month maybe a few hundred bucks

start to burn every month 100$ insteed to save tham.

Now this happens 1 time every month a few million american practize this.

Wouldnt be the rest of our money now worth more than before we burned the 100$??


I hope you guys understand what im trying to say


the point is if there are 100 Billion Dollars around and I got 5000$

arent 4900$ worth more if there are only 90 Billion Dollars aroud??

You guys see where I try to get with this

am I even right with this thought??

if you burn $100 , they wil print $200 more and the rest $4900 will be worth 2% less