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[deleted] t1_j2aul1t wrote

[deleted]

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One-Weather-740 t1_j2aw5an wrote

When real money has been taken from innocent people and turned into fake money, yes.

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CompetitiveYou2034 t1_j2c5f6p wrote

There's still Fraud. They promised client assets would be placed in a vault. Instead allegedly they were used as collateral to purchase risky assets. If they won their bets, clients might never have known.

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el_muchacho t1_j2bbfv0 wrote

No, and that's why he could do what he did. But the judges don't need it to throw the book at him.

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methcache t1_j2bj8y7 wrote

Is it any faker than what the Fed magically prints out of nowhere?

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guy_incognito784 t1_j2bodyu wrote

Yes. One is backed by the full faith and credit by the United States government, the other is not.

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methcache t1_j2bokf4 wrote

Enjoy your hyperinflation bud

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guy_incognito784 t1_j2bonwq wrote

It’s always nice when complete dipshits like to pretend they understand monetary and fiscal policy.

Hyperinflation, lol fucking dipshit. Stick to what you know….which appears to be trading avatars.

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methcache t1_j2bow3m wrote

I object to this, I’m not a complete dipshit, just a bit of a dipshit. You take the cake tho, you’re just being rude

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zoltan99 t1_j2bq5he wrote

Go look up examples of hyperinflation and reflect on your comment, or sit in ignorance thinking this is hyperinflation. Jesus. I mean, my god, that’s a lot of confidently being wrong packed in so few words, the density of the wrongness is actually impressive.

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methcache t1_j2bqdxb wrote

You’re making a lot of assumptions here, never did I ever say we’re in hyperinflation right now. Chill my dude. Other guy doesn’t need anyone white knighting for him

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Hmm_would_bang t1_j2bsni4 wrote

Yeah I can go buy stuff with the US dollar, and my savings held in the US dollar won’t drop 50% in a matter of days. Just a couple pretty small differences…

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