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  1. #22
    Player
    fusional's Avatar
    Join Date
    Nov 2011
    Posts
    1,170
    Character
    Veto Bahamut
    World
    Fenrir
    Main Class
    Archer Lv 1
    Quote Originally Posted by Reika View Post
    You cant relate a real world economy completely to an MMO economy where money will forever and ever be added to the world.... thats all I gotta say.
    and yet, reality disagrees

    etc

    so why do you think the USD, which was previously one of the strongest currencies, continues to depreciate in relation to other world currencies?

    answer: because the government borrows money from the federal reserve, and the federal reserve keeps printing new money to cover the 'loan'. which brings us to china. why are we borrowing money from china? because if we continue borrowing money from a federal reserve which keeps printing money, our currency will be so thoroughly devalued it eventually won't be worth anything at all.

    and pro tip: some other countries are currently suffering from this problem.

    see also:
    (2)
    Last edited by fusional; 02-12-2013 at 07:40 AM.