What gives a dollar bill its value? - Doug Levinson

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1. Once gold, now debt. I just saved you about 4 minutes.
2. The Fed is a corporation not a government agency.
3. Is it explainable about the internal procedures followed by FED to prioritise the companies
4. How could a piece of paper be worth anything? It's a joke and the biggest scam ever ! The central bankers are thieves they should be put in prison!!! along with the politicians that agree with this bull**t
5. How about the free market, don't you think a Federal Reserve restricts the freedom in a free market?
   
   What about our constitution? Only Congress has the right to print and coin money.
   
   If the 'Federal' Reserve is not federal, why doe the name bear federal on it?
6. Hey can anyone tell me how to do the perfect burst combo on Gangplank plz?
7. So in other words money is literally worth nothing and something at the same time... When you really think about it, it's true.
8. Ok, but how does digital money work then?
9. Sadly nowadays the tendency of all countries monetary policy is inflation. And America is just exploiting the whole world by printing money.
10. who decides how much to print? of course, the Rothschild.
11. Deflationary spiral is a myth. It assumes most people will have a low time preference for goods if the supply of goods increase relative to the money supply. It's like saying Bob will wait forever to buy food if food prices fall. Or Jill will wait forever to buy a phone or computer because they keep on getting cheaper. If she waits just 3 more years to buy a phone, it'll be half the cost and 5 times as fast. Why don't we all wait to buy our tech when all the economic incentives suggest we should wait?
    
    The assumption that all or most people will have a low-time preference in a price inflation situation is simply hubris. Sometimes, Bob might buy the donut because he's hungry and couldn't care less what it costs tomorrow. Sometimes Jill might need to phone or computer today and is willing to pay more because she prefers to have it now rather than later.
    
    We don't know how many of the "hoarders" are out there who are willing to wait for long periods of time before purchasing goods. Individuals have different values and different time preferences.
12. FED is FUCKING LIAR! They printed INFINITE amount of banknots!
    NOW the FUCK value of dollar is that same!
    HELL not that same!
    
    All people on Earth shopuld rise and WIPE banksters!
    No inflation anymore!
    In fact DEFLATION make us RICH FOREVER !!!
    
    And this guy is FUCKING LIAR! Deflation means YOU CAN BUY MORE more and more...from others! That mechanism DELETE unemployment and poverty!
13. Fed-ed
14. Nothing. Nothing gives it its value. Other than stupid plebs thinking it has value. It's still, ultimately worthless.
15. stupid question: What happened to the gold after 1971? I know, we have jewelry stores, but i mean the gold the government had.
16. hey the government print them?!
    aren't the Federal Reserve a Pirate sorry i meant a private bank?
17. Actually, the US money is controlled by Rothschilds
18. Money have no meaning if you thinking cold, it just paper, Nature have a System have gift everything free, it is humans that gave value of money.
19. I don't think people are right about deflation. We do see deflation in the tech industry. I don't observe massive amounts of hoarding going on. People usually are pretty happy to constantly buy the newer better cheaper things that come out. They do this knowing that if they waited another year they could get something even better for less money. We had deflation from 1830s to 1900s, where we went from being agrarian to the dominant country on Earth. The collapse that comes from deflation never seemed to materialize.
20. burning money is NOT illegal however, defacing it such as adding an extra 0 to a ten dollar bill to make it a hundred is