Thread replies: 2
Thread images: 1
Thread images: 1
File: 1495532495055.gif (1023KB, 500x361px) Image search:
[Google]
1023KB, 500x361px
>Be government with corrupt political party
>Print money
>Exchange money for different currency
>No longer using current currency and now have a higher valued currency
>Repeat for near infinite money
Please tell me why this can't work.
>>
because wealth is in physical things, skills, knowledge, and services.
you are correct, a corrupt government can print its own money at the expense of the citizens who use that money. there are no good safeguards against it, besides hyperinflation eventually leading to the collapse of the regime.
it is not much different than stealing from citizens via taxation or property seizure. it's what governments do.
Thread posts: 2
Thread images: 1
Thread images: 1