WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2026 Poal.co

443

(post is archived)

[–] 3 pts

This is how I understand it. But I'm a moron. 'Fiat Lux' means: Let there be light. 'Fiat currency' means: Let there be money.

If your particular currency is trusted by enough minds, it becomes valuable.

No diagram needed.

[–] 0 pt

Need diagram

[–] 1 pt
[–] 2 pts

A Jew will hold your gold for safe keeping , and will give you paper that you can redeem for gold at various locations , it's convenient.

Mr.Jew has a bright idea. He will lend gold in the form of paper notes and charge a slight fee

Works well

Mr Jew has another bright idea. I can just lend paper notes backed by nothing. I'll still have gold but nowhere near enough to cover all the paper I lend out but so what , the goyim are stupid

Not a chart , but just as easy to understand

[–] 1 pt

No diagram, but checkout best evidence YT channel https://www.youtube.com/channel/UCLvRDyn_rVvZ7RRwdcEiJGw it has got the most accurate descriptions I could find. In particular videos "mommy where does money come from" and "wherefore art thou reserves"

[–] 0 pt

umm. spending from the infinite account, buying bonds from the infinite account from the feds open market operations. Physical printing of paper dollars (this one isnt used much anymore)

Although loans increase the money in supply temporarily technically its a net zero to creating the money since the loans must be returned. so the "creation" happens when loans are forgiven. So any time a government debt is forgiven like pp loans or student debt forgiveness.

Everything else that manipulates the value of the dollar and the money supply doesnt do so by creating or destroying dollars. It does it by moving them around, eg. mandating banks hold more dollars in reserve, eg leading to more dollars sitting in vaults and therefore not in circulation. Increasing rates making it more difficult to borrow dollars eg leading to less dollars in circulation.