Turks are so butthurt at their turkfiat getting rendered worthless that they're burning US money instead out of spite.
Turks are so butthurt at their turkfiat getting rendered worthless that they're burning US money instead out of spite
Carson Diaz
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Chase Richardson
Random token burn in the real world
Carson Clark
How will we ever recover
Isaac Wood
So they make USD even more valuable....
They should print fake dollars instead.
Kayden Watson
>my money is losing all its value against the dollar, so instead of buying lira for my imperialist dollars, making the lira stronger and the dollar weaker, i will fucking burn them! remove dollar from the circulation at my own fucking expense and deflate all the dollar held by those american pigs! that'll show them!
Jaxon Martin
I have bad news... They're not the only one rejecting the us dollar. It's happening on a global scale. The us dollar has been printed into Oblivion and sent all over the world to pay for goods, but the world is starting to reject it which means all those dollars will come flooding back into the us, creating a state of hyperinflation much like what has happened in Venezuela though I have no comparison of scale. Tl,Dr us dollar is in a bad place. It will hurt in a few years. YouTube Mike Maloney's TV show about money to see a great presentation on what is happening with the global economy.
Camden Davis
Turks are subhuman
Elijah Sullivan
>rejecting the us dollar
Are you fucking kidding me? The US dollar is the only genuinely stable currency left, other currencies in comparison are house of cards that easily tumble down with the slightest economic problems.
Isaac Gonzalez
I thought burning coins (in this case dollars) raises the value because the supply gets shorted - effectivly doing the opposite of what these people want
Henry Ward
>The US dollar is the only genuinely stable currency left
EUR
GBP
CHF
RMB
All above are alternatives to USD.
Landon Williams
Imagine losing all you money because you hold lira and then changing the last lira you have into usd just to burn them
Joshua Green
>not backed by OPEC petroleum and the largest economy with the least trade involvement on Earth
Not gonna make it
Jaxon Harris
oh yeah look at him burn those $1 notes lmao
Ethan Robinson
not many choices left in the medium term for stable fiat. long term most of them are going to have serious issues, but even medium term, eur isn't looking great, china is a ticking timebomb, and we still haven't seen the beginning of the non-speculative effects from brexit.
Jose Green
QE hasn't hit yet either since the markets been bull.
Jayden Edwards
>eur isn't looking great
Do you have any argument as to why other than no go zones and other fox news bullshit?
The euro is perfectly fine, it resisted the worst crisis of its life without any kind of unreasonable loss or gain of value. It showed to the world how resilient and stable it was.
It is backed by the biggest economy in the world : the EU.
Josiah Parker
what a stupid guy, he could change that dollar for turklira and have toiletpaper for life
Christopher Gonzalez
That's not the biggest economy in the world dood
Brayden Kelly
Believe what you want. Us dollar has lost 95% of it's purchasing power since 1918. One income paid for all household expenses in the fifties. Bretton woods fiscal policy started the era of partial backed gold dollar. Nixon signed away gold standard around 71. Only gotten worse. Us dollar became global standard because we backed other currencies with our then-backed stable gold dollar. Quantitive easing and bailouts doubled the print volume of our money. If you think we aren't following down the rabbit hole you're fucking wrong and that's all there is to it. I would encourage you to educate yourself on the relationship between fractional banking, Fed reserve and Central Bank. If you choose not to and instead bury your head in the sand that's on you.
Tyler Sullivan
Coping mutt
Aiden Parker
It's true that with most recent numbers China is 1.
The EU is still above the US tho.
Aaron Nelson
the EU is in fact the biggest economy on planet earth, no question. the EUR proved to be much more stable during the banking crisis of 2008 while the USD lost a ton of value. both economies were equally affected, EU had to bailout several banks and countries (ireland, greece, etc). overall the USD is weaker these days due to Chinese debt risk and other economic uncertainties.
Jose Young
Here is something else to break your brainwashed american bubble.
Oliver Murphy
Coping amerimuts in 3,2,1 ...
Noah Nelson
>what is Swiss Franc?
Lol pleb.
Jaxon Johnson
Kek. Worse than losing all your money trading KuCoin shitcoins
Juan Robinson
Not going to make it
Ethan Morris
Euros are more stable bigger economy behind also
Ryan Rodriguez
Gold is not your useless printable paper money