Submitted by whicky1978 t3_zupga6 in wallstreetbets
Goosnavslakovic t1_j1nt4gt wrote
Reply to comment by Mourinholib99 in Feds meeting schedule 2023 by whicky1978
Money circulates. For example, SBF donated to the DNC, many politicians opted to send billions to Ukraine, Ukraine and its citizens made heavy use of crypto, and guess how much of that FTX was involved with? Saying that money is going to another country so therefore not a problem is extremely shortsighted behavior. That completely dismisses money velocity which allows the dollar to be devalued through its circulation which can easily make its way back to the US. Remember MV=PQ
AutoModerator t1_j1nt4hq wrote
Our AI tracks our most intelligent users. After parsing your posts, we have concluded that you are within the 5th percentile of all WSB users.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Superb-Ad3945 t1_j1o3bld wrote
Good bot
Mourinholib99 t1_j1nwd0b wrote
Okay thats just a bunch of nonsense… In no way if even a tiny amount of money really took this path it still had 0 influence on inflation
Viewing a single comment thread. View all comments