Thread 16838196

it do be like that

not market economics, its akin to price fixing, Its like the government declaring that some random and common rock is worth a quintillion dollars and chipping off bits of it to pay the national debt. No one would accept it.
The point of market economics is that money has to buy things, its not about making a fake declaration.

>>16839673
replace "random and common rock" with "random and common scribbles on a ledger" and you have fractional reserve banking, shepherded by a central bank with the fatter ledger dictating procedure to lesser banks

>>16839899
>fractional reserve banking
You mean credit creation.

>>16838196 (OP)
This was written by a midwit.

>>16839899
>"random and common scribbles on a ledge
Its not random, they are enforced by the states armed forces. And such money would buy you things and would be tradable with other countries at a real rate of exchange.
The silly rock called Macroeconomica cant create US dollars, but lets say it creates silly Macroeconomica Dollars, these would be worthless in any exchange and since Macroeconomica itself has zero goods to sell, they are worth 0.
But more to the point, say i give you a dollar and you give it back to me and we repeat this a million times. If you were to try this in real life, you'd have to pay income tax on that million dollars of reported income, because you wont, you wont attempt this gimmick.
The whole purpose of these statistics is to facilitate taxation.

>>16840284
Theres lots of benefits to faking income like the bank being more willing to lend your business money and keeping investors happy with the illusion of growth.
https://www.msn.com/en-us/technology/artificial-intelligence/nvidia-microsoft-and-openai-have-investors-going-in-circles-this-chart-shows-how/ar-AA1OaJSf
Nvidia puts money into OpenAI. OpenAI and its data center partners buy chips from Nvidia. Other circles encompass Microsoft, Oracle, and the data center firm CoreWeave.

The circles remind some on Wall Street of the wash trades between venture capital-backed start-ups before the first internet bubble burst 20 years ago—or the guy who asks you to lend him a $20 bill so he can buy you a beer. AI skeptics are chortling.

Amid the scoffing, Morgan Stanley analyst Todd Castagno mapped the AI ecosystem’s circular flows in a Wednesday note. Just tracing the companies surrounding OpenAI makes a tangled picture.
“You need disclosure about how all this works,” Castagno told Barron’s. Microsoft has invested $13 billion in OpenAI. The companies share in each other’s revenues, which include sales to each other. Yet Microsoft hasn’t disclosed what portion is shared, or whether Microsoft nets its reported revenue numbers for those of OpenAI. When revenue flows both ways, gross sales numbers can give a false impression of AI demand, Castagno says.

>>16840284
ok arbitrary and capricious, amounts to the same thing

>>16839899
print money
give it to your friends
your friends buy assets
demand for assets rises
price of assets rise
money buys less assets: inflation has occurred.

I've explained concisely what economists employed by the state claim to find unfathomable force of nature.