Do Banks Create Money out of Thin Air?

He is a universal troll man, seriously.

Just do a quick google search with his username akphidelt, it will bring up countless of threads with same subject that he had created all over internet. I've never seen someone is so obsessed with trolling like this kid. He could literally spend the rest of his life talking about "banks create money from thin air".....

 

I think he just wants the recipe.

 

You can break down a sandwich in to the smallest components. But he didn't consume a "sandwich"... he consumed meat, cheese, salt, yeast, butter, etc, etc.

All the components of a sandwich have to exist before you can make a sandwich. You didn't bring the sandwich in to "existence". You can't make money out of any components since the concept of money is metaphysical. I can draw a picture of a dead President on a piece of paper, that doesn't make it money.

 

Why don't you send me your "thin air" money instead?

 

How is it he did not consume a sandwich but did consume cheese? Isn't cheese just a conformation of milk, spices, herbs, and mold...

omg. He ate mold!

 

That's completely false. Money is money only when people mentally accept it as money. You can take a piece of paper and draw pictures on it and it wouldn't be considered money unless someone accepted it in exchange for their goods and services. You can't break down money in to a natural existence.

Unlike a sandwich, which is just a description of pieces that HAVE to exist in a physical form for a sandwich to be made.

You can create an infinite amount of money as long as it is accepted as money. You can't make an infinite amount of sandwiches.

 

Zimbabwe banking boy is on the roll.

Do you realize how ridiculous your comment is?

Do you know what would happen when too much money is chasing fewer goods?

Your dad wasted $150 grands for your education kid. I could teach you econ & banking with a lot less than that, and I can teach you in both language English & Vietnamese.

 

Dunno. I bet your hand would get tired long before you drew an infinite number of pictures.

 

Lol!! I'll let other people read your comment and get a laugh out of it.

And it is 150 grand. Not "$150 grands". When you make fun of someones education at least attempt to sound educated.

 

You can just draw an infinity sign and say this is worth infinity dollars.

However, you can't make an infinity sandwich!

 

Sure, they've been laughing at you everyday.

I'm glad you admit your education is useless. That's something everyone can agree with you.

 

That's such an insult coming from you. Now I'm sad!! Lol

 

Is it too late to ask your school for a refund?

 

Another zinger!! Snooop is on a roll.

 

That's very bad deal. You could get the same education in Zimbabwe with much cheaper than in Alaska.

 

Please stop talking... you are embarrassing yourself.

 

That would be you, it's crystal clear. Read your own post. I guess we just print and spend eh

 

LOL!!! How in the world can a made up currency be created if it isn't just printed and spent? Do you have a magical USD tree in your back yard?

Lol, you guys are beyond hilarious. But I'm willing to bet even Iriemon will not back you on this comment.

 

You can print and spend like Zimbabwe, but here is the problem, as you point out in your post.

Do you know what would happen when too much money is chasing fewer goods?

 

That has absolutely nothing to do with this conversation. Tell the voices in your head to stay on topic.

 

Your trolling does not work tonight.

Do you or do you not UNDERSTAND what would happen when too much money is chasing fewer goods?

Stay on topic. And please think with your "head" before you answer the question.

 

Where in that quote did I say the Govt should create an infinite amount of money? Get some comprehension skills son.

Plus the last thing you should be talking about is inflation. You don't even know what "real" meant in real disposable income.

 

What are you babbling about? After countless of threads about crooked money theory yet you can't answer one simple question.

Again, do you UNDERSTAND what would happen if there are too much money is chasing fewer goods?

 

When did "can create" mean "should create"? Please explain... than apologize! Thank you!

 

I'm glad you realize how stupid you are. That's a first step to become a "normal" person.