How does monetary value change over time? From something worth $$$ in the early years to $$$$$ in today’s time.
In: Economics
We are constantly creating more money, which makes the money we have less valuable.
Imagine a school yard game where you trade beads for cookies. If there are only a few beads out there, you might trade your cookie for one. But if the teacher dumps a 5lb jar of beads on the desk, suddenly beads aren’t so valuable and you might only be willing to trade your cookie for 50 beads.
Your teacher used “quantitative easing” to devalue beads. She did this because one of the parents complained that it wasn’t fair that her kid ran out of beads. She didn’t really have a choice because that parent makes no secret about the fact that they’re gang-connected.
So what can you do? Spend every bead you have, I guess, because you know they will be worth less tomorrow. But cookies are the only thing you can spend them on. So I guess cookies are worth a thousand beads now… at least until everybody realizes that the only reason cookies look so good is because beads look so crappy now.
Cookies are the stock market in this story. And you are screwed no matter what because the world is run by gangsters.
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