Bitcoin Forum

Economy => Economics => Topic started by: hominin on April 16, 2013, 03:27:06 AM



Title: where is all the money?
Post by: hominin on April 16, 2013, 03:27:06 AM
another question to speculate about (i'm genuinely curious about this); just got up and bitcoins are down again, commodities are down, equities are down - does anyone have an educated perspective on where all the money is going?


Title: Re: where is all the money?
Post by: Bit_Happy on April 16, 2013, 03:31:44 AM
According to historical facts:

http://qfichennai.files.wordpress.com/2008/08/59.jpg

I'm afraid inflation will hit soon enough. Not sure where it is stashed today.


Title: Re: where is all the money?
Post by: relmeas on April 16, 2013, 04:46:21 AM
to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.


Title: Re: where is all the money?
Post by: hominin on April 16, 2013, 05:48:13 AM
to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

i'm specifically inquiring into where 'people' are keeping their money


Title: Re: where is all the money?
Post by: Lethn on April 16, 2013, 08:56:13 AM
to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

i'm specifically inquiring into where 'people' are keeping their money

Bitcoins, Gold/Silver ;) at least that's where the intelligent and knowledgable ones are putting it.


Title: Re: where is all the money?
Post by: relmeas on April 16, 2013, 09:02:55 AM
And what will happen with gold, etc when people run out of money and to cover expenses go sell their gold etc?

I think exactly what happens to bitcoin and gold right now...


Title: Re: where is all the money?
Post by: ex-trader on April 16, 2013, 09:32:07 AM
There's a differerence between where people chose to allocate wealth and where it is actually created and destroyed.

When stocks or gold or property goes up there is no extra dollars printed, just a theoretical increase in the value of those assets. When they go down the money doesn't 'go' anywhere it has just disappeared from existence.


Title: Re: where is all the money?
Post by: JordanL on April 16, 2013, 09:34:12 AM
to pay unemployed people, cheap medicine, cheap credits, etc etc etc
welfare in other words. one they use to win votes in elections.

hahahaha turn of the teevee and pick up a text book.    ;D