How much money is needed to crash a country's economy(with no survivors)?
One idea is to tell everyone to take out their money from the bank at same time. Thanks to fractional reserve banking there would be bank runs.
>>1742045
Nope they'll just print what they need. It might be a minor delay for your deposit, but it would hardly crash the system.
>>1742157
Because I hear this veiwpoint from people who don't understand macro economics or our current system all the time. I don't want more people to be confused or think fractional reserve banking is inherently bad.
>>1742164
You can't control the masses of retarded commie-niggers, only keep them busy with wageslavery
>>1741989
Plus no money at all is needed to cash the current system just the basic mantra, Im content with what I have and I don't need anymore, would be enough. Our entire economy is built on cusumer spending, usually frivolous
>>1742147
>Nope they'll just print what they need.
so in other words, hyper inflation in an instant.
id rather have the banks fail than this.
>>1742207
Not necessarily. Are they pulling their money out to spend it, or just to not have it in the bank. If everyone is not spending it you will probably see deflation due to the decreased liquidity to make loans.
A big amount. (For you)
>>1741989
There will always be survivors.
And countries with fiat currencies are almost uncrashable. It's only when governments try to fix the value that they become vulnerable.
>>1742179
lol yea the toilet paper, food, energy, medicine....all so frivolous...get real bud. Some is...most are creating a better world
about 70% of GDP