Remix clone Hacker News

new | show | ask | jobs Github

wartywhoa23 4 hours ago

Those $99, where do they come from?

rwmj 3 hours ago | parent | next [-]

Shush there! Don't ask any difficult questions!

brianpane 3 hours ago | parent | prev | next [-]

https://www.youtube.com/watch?v=tO5sxLapAts

OroPla 3 hours ago | parent | prev | next [-]

The Fed is printing them. Just like they print all other money.

From the article:

> I put in one, and a hundred comes back.”

> The figure was rhetorical, not a disclosed 100-times investment return.

There's a lot more words in there, but it doesn't seem to say anything else.

someguyiguess 2 hours ago | parent [-]

Printing money doesn’t create value. It dilutes value.

	▲	OroPla 2 hours ago \| parent [-]
		It does neither, as money is simply a representation of wealth. Increasing the supply of money without increasing the wealth will mean you'll have more money representing the same wealth. This is called inflation. But the wealth, or value if you will, remains unaffected. Money isn't wealth. It's just a representation. It used to be wealth back in the days before paper money, when a coin actually had the value it said it had.

__patchbit__ 3 hours ago | parent | prev [-]

The future we want. Not the wasteful F-35 'Fat Amy' lemon future noone except the fighterjet mafia wants..