Sengoku Komachi Kuroutan: Noukou Giga - Vol. 18 Ch. 89 - Official Letter

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yea just print money out of nothing with nothing backing it, can't see that going wrong, has worked out so well for the worlds economy today right?
 
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IIRC in the web novel Shizuko became something like a Japanese Rothschild, --a banker, financier, shareholder, venture capitalist, and lender. A monopolist even, with a hand in every pie.

But what I'm waiting for is the ushering of industrialization-- 200 years before the Industrial Age.
 
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"Time to show them... the power of Money 💰 "
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On page 14:
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I don't have the raws, but I'm guessing part of the second bubble is translated backwards. E.g., it's probably actually saying something like "Native to Egypt, depictions resembling their form can be found in even the pyramids."
 
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On page 14:
Y89o7Wv.png


I don't have the raws, but I'm guessing part of the second bubble is translated backwards. E.g., it's probably actually saying something like "Native to Egypt, depictions resembling their form can be found in even the pyramids."
Thanks that make sense now, i was struglling with those i will change it now
 
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The problem of a trust backed system is that you can never trust the govt to let the economy work because you can't trust the govt to take an L and live in austerity unless made to.

Like with Recessions. Recessions are painful, yes, but necessary to reset economies that are too far gone in inflation. Inflation caused by the govt own spending. Trying to beat a Recession back by stimulating the economy defeats the purpose of a Recession: Saving Money and Lowering Prices.

Now, physical currency can force a govt to behave because austerity is innately a part of it. Run out of gold, then go home. Spend all your silver, cry me a river. Once the money is gone, you are forced to address the problem quicker because you are faced with the consequnces faster.

Ideally, you tie your money to some physical asset. However, even that only last until you decide to abandon the system.
 
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Apparently some groups were Russian- and Ukrainian-based, so there may have been that.

Others have probably been hit by DaMoneyCrappinAhh bots (see capital letters in that for what I mean) the © bots, and could be laying low.

Edit: wrong type of bots
WE ARE NOT SAME WITH RUSSIANS.
 
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Currently reading this chapter and holy shit they featured the new design of the 1000 Philippine Peso Bill that features the rarest eagle in the world: The Philippine Eagle
 
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"The one who controls the economy is the true ruler."
Nobunaga's butt must have tightened when he heard that word from Shizuko
 
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Also fiat currency is a fantastic idea
The problem is that now your government has the power to print money. Ideally they’d print it when there isn’t enough cash like in the great depression, and un-print it when there’s too much cash causing inflation. But the incentives are such that no politician ever will un-print money, causing never ending inflation while people’s savings are devalued and asset prices spike.
It's basically impossible to do economic policy without it
And that’s a good thing. Government shouldn’t have the ability to influence the economy at all, because if they do they’ll just make things worse.

The ideal currency would be backed by an asset thats actually intrinsically valuable. Like stored energy or energy generation capacity, land or property, copper or tin, or maybe natural gas. Ideally, an asset that’s internally stable and not subject to outside fluctuations like oil is. Gold has rushes and its value is somewhat subjective.

Also taxation is theft.
 
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The problem is that now your government has the power to print money. Ideally they’d print it when there isn’t enough cash like in the great depression, and un-print it when there’s too much cash causing inflation. But the incentives are such that no politician ever will un-print money, causing never ending inflation while people’s savings are devalued and asset prices spike.
Nonsense. The US has no issues with inflation and we've been using this system for decades. It took a literal pandemic and its subsequent demand shocks to actually create inflation problems.
I have no idea where you lot get this narrative that inflation is rampant, it's not. I can post FRED graphs if you don't believe me. Or you can look it up yourself here, where you need to go back to the years before 1985 to see inflation issues: https://fred.stlouisfed.org/series/FPCPITOTLZGUSA

(For those who don't know 3% to ~4.5% inflation is considered healthy. We don't want to go lower because that will put the economy at risk of going into a deflationary spiral and we don't want to go higher for obvious reasons)

And that’s a good thing. Government shouldn’t have the ability to influence the economy at all, because if they do they’ll just make things worse.

The ideal currency would be backed by an asset thats actually intrinsically valuable. Like stored energy or energy generation capacity, land or property, copper or tin, or maybe natural gas. Ideally, an asset that’s internally stable and not subject to outside fluctuations like oil is. Gold has rushes and its value is somewhat subjective.

Also taxation is theft.

This is beyond silly.
1) it's fine if you don't like the government but the alternative is watchdog groups who have the ability to use state-sanctioned violence (or what, you assume private orgs will respect watchdog groups because unicorns?) and that's prime ground for corruption.
2) no such asset thing exists. It's fundamentally impossible for something to have intrinsic value, it always comes from demand and scarcity (and other factors but we're getting into the weeds with those). This is one of the reasons fiat is king.
3) "taxation is theft" lol mald harder.
 
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