this post was submitted on 10 Feb 2024
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That is not how that works...
yeah, thats exactly what i am saying, most of the money ever printed sits in places it will never leave, so IMO there are no 5trillion available on the market and the cash flow does not allow to take out even a "little" bit (speaking in 1e12 terms) before things collapse for the majority.
oh yes, printing money works exactly like that, it was just printed in the past and nowadays they just increase numbers in databases: plopp and the value of that currency and especially everything that is bound to it decreases, ripping you of what you have saved without even touching your bank account.
Exactly right, no one is going to show up with a fleet of cargo planes full of cash lol. It's a huge amount of money, but if you have several nations investing, plus private business, it could happen - long shot, but it isn't limited by the amount of cash that exists. He's basically talking about starting a massive industry in the US that only exists in Japan and Taiwan.