phelan

joined 1 year ago
[–] phelan@feddit.org 1 points 1 month ago

You're technically right that germany doesn't print euros, the ECB does. But your conclusion is still wrong: germany isn’t remotely close to bankruptcy, and equating its situation with Argentina or Greece misunderstands both monetary sovereignty and how the Eurozone functions. As to how freely a country, especially germany, can print money: German government bonds are one of the most sought after, because risk free bonds of all. If it really wants, it can sell as many as it wants; because it has such a strong economic power behind it.

[–] phelan@feddit.org 1 points 1 month ago (2 children)

I'm sorry but yes, this is literally how it works. Please go look it up, this is vital for this discussion that you understand how money is generated. The german government bonds are one of the most wanted bonds in the world.

[–] phelan@feddit.org 1 points 1 month ago (4 children)

Emitting government bonds is literally how governments print money.

[–] phelan@feddit.org 1 points 2 months ago (6 children)

So what do you call the process of selling government bonds then?

[–] phelan@feddit.org 1 points 2 months ago* (last edited 2 months ago) (8 children)

a government that prints its own money cannot go bankrupt.

[–] phelan@feddit.org -1 points 2 months ago (10 children)

when the government goes bankrupt aswell

the government cannot go bankrupt

 
 
[–] phelan@feddit.org 3 points 3 months ago
[–] phelan@feddit.org 1 points 3 months ago (2 children)
[–] phelan@feddit.org 24 points 3 months ago (1 children)

Typisches WIWO Framing.

Oh nein unsere liebe Unternehmenssteuer. Diese Mär dass eine niedrigere Unternehmenssteuer aus dem nichts ein Wirtschaftswachstum erzeugen würde. Wenns halt keine Nachfrage gibt, soll der Staat die Gewinne künstlich hoch halten.

[–] phelan@feddit.org 13 points 4 months ago (2 children)
[–] phelan@feddit.org 2 points 4 months ago
[–] phelan@feddit.org 1 points 4 months ago

Bundesstraßen sind aber auch höchst gefährlich. Welches Tempolimit galt, wie schnell war das Auto unterwegs?

 
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