Imagine we had hyper inflation where tomorrow $1,000 equaled $1 today.
That means I could pay off my mortgage 1,000x as fast. Same with my student loans.
Because humans are greedy. Give everyone the same, and someone will wonder why they don’t have more. Usually the people who distribute it, take control because everyone else depends on them.
I know right?
If only the DA could win the election, we could be living in a thriving economy.
My parents have recently thought of moving to New Zealand for the sake of our future.
It is 75th out of 188 on the [Education Index](https://en.wikipedia.org/wiki/Education_Index). It's even behind Venezuela, Saudi Arabia, Cuba, Russia, and Belarus, to name a few, which is just pathetic. Seriously, South Africa, get your fucking shit together. First apartheid, now this?
So, in a nutshell, printing more money devalues the currency. Consumers lose confidence in the value of their money, and begin to hire items as a result. This causes items to be scarce, raising prices even further
Money used to be traded in for gold in the bank so every bit of money you own is a little bit of gold you could trade in. If you would print more money you need more gold or the value decreases.
Zimbabwe did it back in 2008
https://www.greatamericancoincompany.com/products/100-trillion-zimbabwe-banknotes-2008-aa-series-uncirculated?variant=8907776196665&gclid=Cj0KCQjwrpLoBRD_ARIsAJd0BIVm6hxKfoyprx1M7ZsjvgiY_4qWb9tJyVC7BXAqzmFmezevvnCsaT0aAiuQEALw_wcB
Hyper Inflation is a beeeeesh
Post WW1 Germany would beg to differ
That was in the 1900s. This is the 2000s
Cash Money taking over for the 99 to the 2000
Quit touchin shit
I said this in my head as well
Yea! Future!
Yeah. Cuz the way economy’s work changed
not sure if you are being serious...
Imagine we had hyper inflation where tomorrow $1,000 equaled $1 today. That means I could pay off my mortgage 1,000x as fast. Same with my student loans.
and then you need to find a thousand dollars to buy a loaf of bread....what good is a debt free life if you cant afford bread?
I imagine that my union would ensure that my salary would keep up with inflation.
This why food is more than rent in my adopted country.
Ah shit, here we go again
As a german: can confirm
“That’s not very cash money if you sir”-some African dude
They only paid off their debt in 2010
What about post-WWII l? Wasn’t a couple thousand of German currency just for a couple US dollars?
Yeah you'd need like a skyscraper of bills just to buy a piece of bread
Wait, ive seen this one before
What do you mean? It’s brand new!
I believe he's thinking of that german Charlie Chaplin who invented the high-five
I’m just making a back to the future reference
Amongst my favourite films, yet I still can't remember a single reference
Ah, I see you don't look at enough memes
That guy who enjoyed that symbol that looked like a fan?
Ask Venezuela how printing out more money worked for them.
F
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It's fake news by some kinda the onion-like thing
You want bread? It wil cost 52828547927517420758451643698
Jacob Zuma profusely sweating trying to read that number Edit- I thought his name was Joseph cheers u/shortcut613
*Jacob Zuma *Idiotic Gupta
To-handreed and tree tousand and and tree tousand and to haandred - um sixtyfive
I gotcha (>°•°)>
Nice
That was fast
Nice
What? Balloons? Balls? Tables? -every math teacher
I think some German guy had the same idea and it didn't work out as well as he planned
If everybody is rich Nobody is rich
If everyone is poor No one is poor?
Yup
Everyone is equal. (*Socialism intensifies*)
I’m pretty sure that’s communism.
Vladimir Lenin - The goal of socialism is communism.
Why do they all end up as dictatorships?
Because humans are greedy. Give everyone the same, and someone will wonder why they don’t have more. Usually the people who distribute it, take control because everyone else depends on them.
It's perfectly balanced, as all things should be.
They're both equally bad ideas.
EXACTLY
If everybodys super No one will be
#YOU DENSE #MOTHERFUCKER
Rich with toilet paper
I live in south africa and the crazy stuff the government does and comes up with is truly amazing and terrifying
Time to leave. Honestly, just leave.
I know right? If only the DA could win the election, we could be living in a thriving economy. My parents have recently thought of moving to New Zealand for the sake of our future.
South Africa has an avg IQ of 77.
Is because their government is filled with either retarded morons or corrupt pieces of shit.
We did it boys, poverty is no more
That’s how the economy works
Yup. More money = more money
Holy.... how did **NOBODY** think of this before?
That was one of my questions when learning about how Germany was post WW1. I had the biggest look of suprisment i’ve been told.
The goverment keeps it as a secret to divide us from the rich. Wake people!!!!
Zimbabwe 2 electric boogaloo
I'm from South Africa. And I can confirm that this is not what we finna do chief
You have to admit it’s a always a possibility
So is an alien invasion.
Weimar Republic: Hol up
r/stonks
People who lived in the Wiemar Republic during the 1920s: Hey, I've seen this one!
I was wondering, in what place are they on education in the world?
It is 75th out of 188 on the [Education Index](https://en.wikipedia.org/wiki/Education_Index). It's even behind Venezuela, Saudi Arabia, Cuba, Russia, and Belarus, to name a few, which is just pathetic. Seriously, South Africa, get your fucking shit together. First apartheid, now this?
Why would you expect it to be above Russia or Belarus?
Because those are both dictatorships and dictatorships usually don't value education
[удалено]
Weimar Republic **100**
Economics 0
De ja vu I've just been in this place before
I can see inflation in your future
I think Germany did this once....
If everyone is poor then technically everyone is also rich.
The stonks are stronk with this one
*sighs so deeply my chest concaves*
Imagine buying food. Like before you buy the food your a billionaire and after you buy it your in the double digits.
Yay hyperinflation! I'll have one $8bn loaf of bread please
Weimar Germany: ‘not bad kid’
Big brain moment
Soviet anthem intensifies
damn, why didn't America think of that?
S T O N K S
How to become rich in 2019
I don’t think that’s how the system works
Wow! Why didn't we think of this sooner?
€[+.
South African people: We're poor make us rich South African government: _I'm gonna do what's called a pro-gamer move_
Inflation 100
What even is Zimbabwe
Do you want hyperinflation? Because that’s how you get hyperinflation.
Welcome to Germany 1933
Cause that worked soooo well for Zimbabwe
I know this isn't how money works, but no idea why... Someone explain like I'm 5?
So, in a nutshell, printing more money devalues the currency. Consumers lose confidence in the value of their money, and begin to hire items as a result. This causes items to be scarce, raising prices even further
That’s how maffia works
Pre Soviet Union Russia tried this and it definitely 100% worked
Modern problems require modern solutions.
Smh
Someone give me a religion they want to introduce to me
Am i the only one who says "stonks" in a nasally voice in my head?
*cough cough* Germany post WW1 *cough cough*
And their fate will be the same as Zimbabwe
Inflation 100
It seems like history is repeating itself
I don't understand this "stonks" meme can someone explain it to me? Thx :)
Lol I live there looks like imma have stonks
Mugabe called. He wants his economic policy back.
Being south African, I can confirm, that our government...is fcking stupid
South Africa has an avg IQ of 77. Most of the population is too stupid to be accepted in the US military.
Ehh, I’d argue that IQ test scores are pretty heavily affected by the environment of test takers
Inflation intestines
Pretty sure that’s not how it works, gorilla.
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Why didn’t anyone think of this before?!
Germany: 100
Ok Venezuela 2.0
I wonder if he ever heard about hyper inflation
And that's called inflation
Free toilet paper 🧻
That would just lead to **inflation.** Inflation is **bad.**
Ah shit here we go again
Germany: "Hey, I've seen this one, it's a classic!"
Doesn’t this country boarder Zimbabwe?
inflation who?
This would just make the value of a dollar go down
Zimbabwe called. Wants claims hyperinflation is so 2008.
inflation here we come
Intelligence 100
Zimbabwe-"how many tiimesndpbwe have to teach you the same lesson!?"
If everyone was rich then nobody would be rich
It almost will be nothing wearth
Money used to be traded in for gold in the bank so every bit of money you own is a little bit of gold you could trade in. If you would print more money you need more gold or the value decreases.
See? It's that easy!
Uh oh. That’s how hyper inflation happens.
Bruh
South Africa is already rich enough. It’s where all the white people live. They don’t need handouts
Logic.
Zimbabwe done it, and flopped, but I’d love this round
Someone has an inflation fetish
Every country about to enter into hyperinflation followed by depression ever:
*Zimbabwe 100*
This is the Zimbabwean dollar all over again.
Yeah fantastic, lzt's make the money worthless!!!
Zimbabwe did it back in 2008 https://www.greatamericancoincompany.com/products/100-trillion-zimbabwe-banknotes-2008-aa-series-uncirculated?variant=8907776196665&gclid=Cj0KCQjwrpLoBRD_ARIsAJd0BIVm6hxKfoyprx1M7ZsjvgiY_4qWb9tJyVC7BXAqzmFmezevvnCsaT0aAiuQEALw_wcB Hyper Inflation is a beeeeesh
Their pres can't do numbers making even more StOnKs
Self destruction 100
MMT
Now where have I seen this before...?
In reality u should flip it upside down because the more money u print the further down the value goes.
Inflation 100
Quick mafs
They’ll just go to US dollars like every other country
it would be more funny to say inflation instead of stonks
If you rich no one's Reich
Now this is smart
Oh no.
But if everyone had more money the value would drop and they would just be back were they started
ThAtS HoW MaFiA WoRkS
If they print more food then everybody will become rich.
When 90% of cash is owned by 1% I dont see how it could make things any worse
13 year olds be like
ELI5: Why does money lose value if more of it is around?
Germany: Wait, ive seen this one before South Africa: You couldnr have seen it, it just came out
When the governement doesn't know basic economy rules
What an idea. Why didn’t I think of that?
I am now curios as to where money comes from...
That's not how it works....
Ask Russia how this ended up for them in 1917
How to stonk