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d2jsp Forums > Diablo > Diablo 3 > D3 Discussion > Gold In D3 Is Like The Us Dollar > I Am American
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Mar 24 2013 05:55pm
Just a little joke....

Gold in D3 is like the US Dollar....
Decreasing in value.

Think about it,
The US keeps printing more money lowering the value
D3 mobs keep dropping money lowering the value


Not a hard idea to grasp....

thanks Obama <33

Let us DISCUSS such a topic in D3.... :D

This post was edited by d3soon on Mar 24 2013 05:56pm
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Mar 24 2013 06:00pm
heuheuheuheu

you really are an american

you dont get how economics works yet flaunt on your knowledge
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Mar 24 2013 06:03pm
actually its like all fiat currencies. All central banks around the world are printing money at the moment. Its jokingly called the race to debase. When the US devalues the dollar, other countries have to follow to keep their exports competitive.
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Mar 24 2013 06:10pm
and 15% ah cut = Cigarette tax
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Mar 24 2013 06:14pm
ever wondered about the actual value of a single dollar?

if your debt is 1b dollars and the value of that 1b dollar (e.g. what you can do with that money) is decreasing, so is the value of your debt. In fact inflation is a good thing for those who have debts

sorry if i went a little economy 101 on this
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Mar 24 2013 06:25pm
Canada dollar is going up...
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Mar 24 2013 06:38pm
Quote (Awoudex @ Mar 25 2013 12:14am)
ever wondered about the actual value of a single dollar?

if your debt is 1b dollars and the value of that 1b dollar (e.g. what you can do with that money) is decreasing, so is the value of your debt. In fact inflation is a good thing for those who have debts

sorry if i went a little economy 101 on this


U mean elementary 101 not economy 101.
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Mar 24 2013 06:39pm
Quote (Awoudex @ Mar 24 2013 06:14pm)
ever wondered about the actual value of a single dollar?

if your debt is 1b dollars and the value of that 1b dollar (e.g. what you can do with that money) is decreasing, so is the value of your debt. In fact inflation is a good thing for those who have debts

sorry if i went a little economy 101 on this


LOL
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Mar 24 2013 07:49pm
.
Quote (Awoudex @ Mar 24 2013 07:14pm)
ever wondered about the actual value of a single dollar?

if your debt is 1b dollars and the value of that 1b dollar (e.g. what you can do with that money) is decreasing, so is the value of your debt. In fact inflation is a good thing for those who have debts

sorry if i went a little economy 101 on this


No..... It depends on what currency the debt is denominated in. If it is on the devalued currency then yes, but if it is denominated in a foreign currency paying the debt back costs more. National and consumer debt are different.
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Mar 24 2013 07:53pm
air is like garbage trucks because if you think about it:

air is near garbage cans
garbage trucks are near garbage cans

These are good discussions ty guys for stimulation
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