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@hankgreen1: #duet with @paigelayle This is the very short version, but Vox has a good explainer on MMT if you want to learn more!
Hank Green
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Region: US
Tuesday 08 December 2020 00:38:11 GMT
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Comments
gen ☆。 :
i still don’t get it
2020-12-08 00:39:49
4
Shuless :
Marx had an answer for these problems...
2020-12-08 02:27:58
4
NoDamage :
It’s simple money has value because we believe it has value. If there is too much of it, it looses its value
2020-12-08 01:28:06
15
Magneto did nothing wrong :
Inflation? Just deflate it 💅
2020-12-08 00:45:25
19429
Hiruzen :
Venezuela tried that...
2020-12-08 01:15:01
22
🎱🔮dayton🧿🪩 :
so YOU don't even know?????
2020-12-08 00:40:38
1
San / Janya :
If you make more money, prices will rise because people have more money. A way to solve it, however, is-
2020-12-08 00:42:59
59
Ethan :
Germany tried that in the 30s/40s
2020-12-08 01:19:30
10
Tae :
Me as an economics major: 👁 👄 👁
2020-12-08 02:35:14
91
CJ :
The thing that boggles me is that if say I founded my own country and made the currency colored pencils, I could just Say that they’re equivalent of..
2020-12-08 02:28:15
38
Elliot :
i always heard that printing more decreased the value of the money but like...... is that really exactly how that works?
2020-12-08 00:48:58
100
graham :
based comrade?
2020-12-08 02:21:42
4
Eclesoterica :
If we all just agreed that nobody cares what gold is worth or if our paper matches the gold, it literally wouldn't matter.
2020-12-08 03:18:20
12
SinistrDairy :
so, I collect MTG cards. I think of it like this. cards are only rare bc of the amount in circulation. the less that's printed the higher the value.
2020-12-08 01:00:45
33
saoirse :
abolish money
2020-12-08 00:41:35
27
Jamila :
Yep im still confused
2020-12-08 00:40:55
5
Dubious little creature :
EXPLAIN GLASSES TO ME HANK
2020-12-08 00:43:41
45
Kiwifruit :
We're the ones who put value on things. Just make things worth less. Like... Why are houses now $1mill when they used to be $20K? Make all food like$1
2020-12-08 03:47:38
37
Atsushi Kinnie :
a lot of people would hate it but we could very well do it
2020-12-08 01:34:00
2
Just because :
The value of money goes down the more you make. But also it’s not really backed by anything right now so really it’s just a thing 🤣 digital currency
2020-12-08 00:54:22
70
Shay :
Didn’t a ruler try this in a country after there First World War, and then the worth of each dollar decreased so the money just became worthless, 1/
2020-12-08 05:32:10
6
Octavia :
Money isn't reaaaaaal
2020-12-08 01:53:17
729
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