Which then needs someone in the real economy to make goods and services to back up the value of that money.
They are basically printing YOM instead of IOU vouchers.
Not true.
They’re also using imaginary methods to make money grow out of other money.
Saleh@feddit.org 1 month ago
anarchy79@lemmy.world 1 month ago
Goods and services that nobody asked for and never needed at the expense of humanity and a finite ecosystem. We need to make sure to keep nativity numbers up though, that’s super important for the economy- got to keep growing forever, because we will not and cannot have enough people, things, and more of everything, at any cost.
brax@sh.itjust.works 1 month ago
Isn’t that basically just stolen money from stolen money?
FordBeeblebrox@lemmy.world 1 month ago
Image
If you say things with enough confidence, maybe toss in the phrase “AI” somewhere…yeah you kinda can just create money from nothing.
In entirely unrelated news grocery prices go up.