One of my professors (economics degree) said that printing money is good for the economy

Are you this fucked in your university?

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depends on the percentage actually

Nah because I'm going to a nice normiecon college.
You don't have to agree with your proffesor. Just say what your professor wants on the test so that you can infiltrate the university. Once you get tenure they've lost and you can show your true colors.

Try asking him why inflation is inevitable. He won't be able to admit the true answer which is that everyone in the classroom is a slave.

This. If you never print any money then people will just hold on to it and not be economically active, built in deflation is a bad idea. You want controlled inflation. Even gold-standard advocates don't want to close all the gold mines, that would be retarded.

So the answer is, it depends. Printing money can be good depending on how much you print.

The statement might be interpreted as not wrong because most of the 900 or so Trillion US dollars aren't in your hands. So the debasement from the people who have 880 trillion dollars is bigger than the debasement of the handful of dollars you have your account no matter how many decades it took you to save it up.

So you turn around and get a job for a million dollars per year, but a gallon of gas costs 900 dollars.

So you lose all the money you earned to date, but now you're higher on the totem than where you were before if you get back to wage cucking.

Yeah, this was my idea. But ngl it's hard as hell not to tell them to eat shit, especially now that my newly founded business is going well and I might not have to wagecuck for the rest of my life

The USSR's inability to inflate Gold was a big factor in the total collapse of their economy. That's not to say gold is a bad thing, but if your entire country runs on gold, then in a recession not spending money makes you richer the less work you do.

This was a component to why governments price-fixed commodities and forced people to work, but then gave dole to farmers who didn't, people didn't sell because people could not buy.

The economy is like a car engine that stops turning. Once it stops turning, the energy that makes it turn comes to a full stop and turning it back on is a 15 step operation that needs a lot of faith. More than most people have.

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Let me just remove this retarded notion.
No, printing money is not good, even at low quantities. You fell for a jewish psy-op.
>Muh economy
Yes, because we totally want people to spend money on useless crap, because muh economy. Stop forcing people to spend and you'll see only worthwhile economy survives. Economy is a meaningless term you fucking cunts

>Controlled inflation
I hope you get hit by a truck you fucking jew

Oh and to clarify even in the slightest for you retarded mouthbreathers, one of the very basic tenets of "currency" is that it "must not spoil".
Else we might as well go back to bartering with goods.

Those who can, do. Those who can't, teach.

You've just learned something important.

1. This is neoliberal economics
2. Every economist, treasure, government attended that same university course.
3. They all work from that set if rules, that underlying playbook.. that text book
4. This is why the two party system we have doesn't change anything fundamental, economically or solve any problems we currently have economically in ways other than money printing and immigration to balance GDP.

It's why the west is fucked right now, all the western countries. This no longer works and they don't know how to fix it.

In Australia people voted Liberal or Labor party, Labor won, the people on this board that voted labor instead if third parties have no idea that this fundamental issue is the problem.. and that it's the reason why the major parties are completely unable to fix anything.

It's why we'll all be in stagflation until robots and AI or nuclear ear.. the golden ages of the boomers and gen X is over.

>day 1 freshman year at community college
>9AM literature class
>professor immediately spergs out and starts talking about how God isn’t real
>class is dead silent and just takes it
>I decide fuck it, I can’t listen to this for 4 more years
>interject in the middle of his ramblings
>”how can you disprove God?”
>he replies science has disproven God
>I retort “science has a theory, that there isn’t any God, there’s no empirical data disproving that a God exists in the vastness of the universe, that’s like saying there aren’t monkeys at the North Pole, even tho you have never been there to confirm or deny.”
>see me after class
>after class I get berated by him, saying if I contradict him again I’ll be removed from the class
>sure okay whatever
>go back to dorm, it’s 2009, and the internet exists, so some research on my professor
>turns out, this guy used to be a DEACON at a local parish that extended family attended every Sunday
>call up cousin user, “hey do you remember Deacon user?”
>”you mean the guy that got caught fucking the obese secretary in his office by a couple 7th graders 4 years ago?”
>got you bitch
>next class, professor immediately rambles into God discussion again, I look back and I think it was a direct challenge to see if I would toe the line
>I pipe up “do you not believe in God because you got excommunicated for having pre marital sex with the over weight secretary at your former parish?”
> GET OUT OF MY CLASSROOM AND DO NOT COME BACK
>I withdrew from college the next day, went to trade school following semester and graduated with zero debt 2 years later, with a skill in mechanical hvac apprenticeship.
Best thing that ever happened to me

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Why even bother going to the university? Just get a job and work your way up.

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>No, printing money is not good, even at low quantities.
You're retarded and don't understand basic economics. The entire purpose of currency is to be a medium of exchange so we don't have to barter. If you never add to the money supply then it is does not fulfil this purpose and you're stuck with a bunch of people hoarding all the currency that they can because it will always increase in value as more goods chase fewer [dollars].

Yes, printing too much is bad, but that is not the same as not printing any. Ideally, inflation should be minimal.

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>just print more money it’ll work out
Imagine being this retarded. Jews got to you early and often.

kinda this, but it is necessary to add. it's why the halving is built into crypto.

>strawman
very cool

As an atheist, this is based

>People are just going to hoard it
>Muh basic economics
People will still buy what they need, you fucking jew. People would not be able to truly hoard it and you'll find no example in history where this was jew delusion was ever the case.
It's a fucking meme, you mouthbreathing, goatfucking, rabbi-worshipping whore.

Wish you were my professor, didn't know Belgians were this based

funny thing, the bongs used to trade with sticks as currency, worked wonders. And the the bankers came...

tally sticks, to be precise