Comment on The house always wins

vathecka@lemmy.radio ⁨1⁩ ⁨month⁩ ago

• zod000@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

  quantitative easing This is not quantitative easing, not did Obama start the concept. Quantitative easing would be more like players having no money and going around the board doing very little to nothing until the banker decides to start giving out extra money or houses to players to get the game moving again. The common house rule of putting a bunch of money in the middle of the board which can be “won” by landing on free parking could be construed as quantitative easing though.

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• Earthman_Jim@lemmy.zip ⁨1⁩ ⁨month⁩ ago

  Are you being serious? Lmfao

  Thanks Obama!

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• Fontasia@feddit.nl ⁨1⁩ ⁨month⁩ ago

  …soton.ac.uk/…/Translation_Werner_QE_Nikkei_Sep_1…

  1995 from a German economist. The implementation under Obama’s administration (a choice made from a bunch of advisers) was to reduce interest rates by increasing the amount of money.

  All prices in Monopoly are set statically, the income you receive from rent or passing Go does not change based on the money supply, there is no “interest rate” where prices fluctuate based on money supply or movement. $200 is always worth $200. Increasing the supply does not cause quantative easing in Monopoly unless you are the only sober person playing among drunk people.

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  • bitjunkie@lemmy.world ⁨1⁩ ⁨month⁩ ago

    And now I kind of want to see what a more economically realistic version of Monopoly would look like

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    • Jarix@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Should look at the game that Parker Brothers stole and turned into Monopoly

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