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If money doesn't grow on trees, how does the Federal Reserve produce its notes? Magic 馃槺

DeWayfarer61-69, M
Economic factors. Don't worry, the stock market is still well over Trump's 30,000 high. Capitalism is doing just fine. Just now 34861.24. 馃様

Worry if it ever goes below that 30,000. It just might have some resemblance of fair then.
@DeWayfarer im not worried about wall street. Im worried about our literal dollars having the value of a wooden nickel. The dollar has greatly depreciated in my 25 years in the work force. Is what frustrates me, and its related to the federal reserve making notes out of nowhere.
DeWayfarer61-69, M
@checkoutanytime it's never has been worth anything since Nixon took us off the gold standard. It's all ideas which is why I mentioned the stock market which is based on ideas of how the very wealthy feel the economy is doing.
Wol6251-55, M
So I take it you are going to return the $16 000 the US government spends on you each year?
@Wol62 my ass, they spend a dime on me. I give them $6,000 in federal income tax, another $3,500 in medicare. Funny joke.
Wol6251-55, M
@checkoutanytime OK, so you owe them $7500.
@Wol62 how is that logic capitalism?
Fertilization36-40, F
Good question
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