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Re: Italy]s economy could soar with a parallel currency

By: ribit in POPE IV | Recommend this post (4)
Wed, 23 Aug 17 11:33 PM | 52 view(s)
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Msg. 31966 of 47202
(This msg. is a reply to 31962 by monkeytrots)
Jump:

...if da gubmint would let me print money all the regular Pope folks would be wealthy.

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:

Re: Italy]s economy could soar with a parallel currency
By: monkeytrots in POPE IV
Wed, 23 Aug 17 11:20 PM

Msg. 31962 of 47202

Has the entire world entered the Twilight Zone ?

Not one word on the basic economics of how another 'new' fiat currency could possibly 'reinvigorate' the Italian Economy. Not a single one.

How does a CURRENCY, any currency, ever, in a million years MAKE AN economy grow ? Money, backed by actual value, can FACILITATE trade/transactions making it easier to grow -but the money does not CAUSE growth.

And a different money, in an economy which already has a money system, does not even make trade/transactions easier. Thus this malarky about a CURRENCY 'causing/increasing' growth is absolute horse feathers.

And people buy this nonsense ?

YGTBSM

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