Do government JUST PRINT MONEY against freely issued bonds?
Misguided opinions believe so.
Governments increase the supply of money mainly by a mechanism called Open Market Operations.
In a nutshell, the government issues bonds that are bought on the open market, and later the central bank buys them from the open market to inject more money into the system.
So unless the issued bonds are sold, which means that the open market trusts the value of the bonds, there can't be an increase in money supply.
The money market is the control on the government how much they can print money. Very efficient and secure.
Now, guess which system of printing as much as they want with NO control mechanism involving the markets so far? Cryptocurrency!
We'll make it more efficient and secure. Be the Foundation for evolution.
#Cryptocurrency #CryptoMassAdoption
$pvFybo
https://t.co/UFdvXWh195
To build the correct system, the correct foundations, even in millions, have to be set. This is just the beginning. For the community.
#Cryptocurency#CryptoMassAdoption
$pvFybo
https://t.co/aM81nxbFii
🎉 New #listing
🌟 $PVFYBO (Public violet Foundation yield bearing object) will be listed on LBank!
The evolution required in cryptocurrency.
❤️ Details: https://t.co/3Tpd9ptQ3M
Cryptocurrency has stagnated as the next evolution in finance and to redefine money and value transfer. It has become a landscape for speculative play and dogs and frogs. Justified value must be created. Evolve.
https://t.co/I6D2x3k91S
#cryptocurrency#truevalue#justifiedvalue
In money mechanics, which also determines inflation, deflation, disinflation, and stagflation, the supply of money is not the most important determining factor of the purchasing power (value) of a currency.
The most important determining factor is how much of that money supply is chasing how much goods and services.
Let’s for example say that there’s a luxury watch available for sale. The three billionaires who can afford it are not “chasing” after it, then its value will drop, although there’s billions available to buy it. Their money’s purchasing power relative to the watch has increased.
Huge money supply but its not chasing goods and services. The opposite would lead to their money’s purchasing power to decrease.
Although there is a 450% increase in M1 money supply, it is not chasing anything, so the dollar didn’t crash in value.
Current Cryptocurrency have zero relation to these fundamentals of economics and currency. We are about to change this. Join us.
#Cryptocurency
#CryptoMassAdoption
#pvFybo
https://t.co/3JWBwZduHe
https://t.co/NVQJtRvLTP
According to most cryptocurrencies Tokenomics, an increase in the supply of the currency will erode it's value, and a decrease in supply will increase the value.
The M1 money supply has increased from the end of 2019 to almost the end of 2023 by a factor of 450%, yet the dollar hasn't crashed in value.
Could it be that a bunch of software developers and meme coin creators don't know what their talking about in regards to how currency and money works?
Let's create the correct system crypto. A new beginning for massive crypto growth that makes sense. Join.
#CryptoMassAdoption
#pvFybo
https://t.co/CoIbHtuhnk
https://t.co/NVQJtRvLTP
Now we are verified by the largest website in the world for crypto tracking, CoinMarketCap!
https://t.co/wCIprzIPke
Next step is to show on their tacked list, which will put us in the top 180 coins in the world! Or higher! Stay tuned! Sooner than anyone expects! 😉
Mega exposure coming soon. Get onboard and hold on to your seats! Exciting times coming ahead!
https://t.co/CoIbHtuhnk
#CryptoMassAdoption
#pvFybo #JustifiedTrueValueCrypto
#BeyondTheMoon
✨Upcoming New Listing✨
🤩 #BitMart will list #PVFYBO@jrvgcupvsc soon!
Keep an eye on our socials for further announcements.
Share in the comments what you like about this project!⬇️
#PVFYBOBitMartListing
Publication of more information will start in days. Little by little it will be revealed how the problem of mass adoption and true utility is to be tackled, and at later stages the important parties involved. Let's rock the world.
https://t.co/I6D2x3k91S
#CryptoMassAdoption