Make Puntland Green Again Movement

DR OSMAN

AF NAAREED
VIP
@Cognitivedissonance listen you islamic bearded goon. Currency has three instruments of 'value'. It's value has to be based on either of the following or else it will not be accepted as a 'useful tender' and can become in of itself useless.

1. Based on the USD. U peg your currency and it's value is determined thru what the USD is valued. Most poor nations take this option because they do the below options are not realistic.

2. U float it and let currency exchangers decide the value thru buying/selling and your govt sets the 'value' of your currency based on that. Australia follows this model it's called 'floating' the dollar. If the AUD wasn't valuable, it wouldn't be traded waryaa thru exchange markets. It's valuable because it has 1 trillion dollar a year products/good/services 'backing it'.

3. You evaluate the currency on 'rare metals' like gold or platinum

The currency has to report to something of 'value' in the market place before it's even considered a 'tender' or else it's no different to 'monopoly money' ama lacag aad iskaga iska samaysatay. So currency value isn't dictated by you or me but by 'commodities' like gold/usd/or buy n sell of currency exchangers.
 

Cognitivedissonance

A sane man to an insane society must appear insane
Stay WOKE
VIP
@Cognitivedissonance listen you islamic bearded goon. Currency has three instruments of 'value'. It's value has to be based on either of the following or else it will not be accepted as a 'useful tender' and can become in of itself useless.

1. Based on the USD. U peg your currency and it's value is determined thru what the USD is valued. Most poor nations take this option because they do the below options are not realistic.

2. U float it and let currency exchangers decide the value thru buying/selling and your govt sets the 'value' of your currency based on that. Australia follows this model it's called 'floating' the dollar. If the AUD wasn't valuable, it wouldn't be traded waryaa thru exchange markets. It's valuable because it has 1 trillion dollar a year products/good/services 'backing it'.

3. You evaluate the currency on 'rare metals' like gold or platinum

The currency has to report to something of 'value' in the market place before it's even considered a 'tender' or else it's no different to 'monopoly money' ama lacag aad iskaga iska samaysatay. So currency value isn't dictated by you or me but by 'commodities' like gold/usd/or buy n sell of currency exchangers.
I asked you a simple question please answer it adiga mudan oo weliba mahadsan fadlan

if the United States is the sole super power in the world and they are indebted by over 20 trillion dollars money their tax payers can’t simply repay.

my question to you is who does the United States owe the money to? Who do they have to repay the debt to?

 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
Walahi we're not the same people. We're on track turning a godforsaken desert into an oasis. Puntland inherited the least institutions of all Somali regions. Tell me a Somali region that built two airports from scratch? A region that has the ambition to build a fu.cking sea port? A region that moved heaven and earth to start oil drilling process? Which leader aside from Faroole said 'There comes a time that other nations will ask us for donations'. Rabbul Ka'hab we're not cut from the same cloth.

Eveb our closest kin. While we try to make up the rules and enforce our will and vision on others, our cousins beg their ancient rivals. I refuse to believe that we come from the same loins. Can you imagine majeerteen oo nin kale hoos fadhiya. Walahi the streets of Garowe, Bosaso, Burtinle, Gaalkacyo will be filled with blood
 

DR OSMAN

AF NAAREED
VIP
@Cognitivedissonance your going against basic economic philosophy. Dammit where is Teeri he is a trained economist and can tell you 'printing money out of nowhere' leads to 'inflation' because it doesn't represent the 'production/consumption' of your society, it will lead to no product or consumption increase but only products/goods will skyrocket in price to account for the 'printing of your silly money of nowhere theory'.

Learn some basic economics 101. If you print say '1 billion dollars' in a 'month' yet there is only 100 million dollars worth of products. This will lead to the market to respond immediately by upping the price of products to reflect the money that circulating. This means rather then paying 2 dollars for bottle of wataer, you pay now 20 dollars to reflect the 'increase of currency'. Your production/consumption didn't change, your still getting the same quantity. GDP is about 'quantity' not 'prices'.

It works out how many breads, water, food, homes, cars u purchase per person a year rather then how much 'money' you have cause they know more money doesn't mean more wealth more products and consumption means more wealth because the quantity is the measure. I purchase 2 kilo of meat a week, that is the 'measurement' the actual 'product' and then they measure what u a naflacari islamic bearded goon purchase in meat a week.

If u purchase a '1 kilo' or less then that means your producing 'less meat' across your population then say my population. This is measured across not just meat every item in the market from cars to homes to technology to water or electricity. For example in 'electricity' they measure your consumption based on KILOWAT not how much u 'price' it. A western home uses the same kilowatt electricity of 100 Somali homes. Infact you will see this variation in everything that is measured hence poor n wealthy are determined.
 

Cognitivedissonance

A sane man to an insane society must appear insane
Stay WOKE
VIP
@Cognitivedissonance your going against basic economic philosophy. Dammit where is Teeri he is a trained economist and can tell you 'printing money out of nowhere' leads to 'inflation' because it doesn't represent the 'production/consumption' of your society, it will lead to no product or consumption increase but only products/goods will skyrocket in price to account for the 'printing of your silly money of nowhere theory'.

Learn some basic economics 101. If you print say '1 billion dollars' in a 'month' yet there is only 100 million dollars worth of products. This will lead to the market to respond immediately by upping the price of products to reflect the money that circulating. This means rather then paying 2 dollars for bottle of wataer, you pay now 20 dollars to reflect the 'increase of currency'. Your production/consumption didn't change, your still getting the same quantity. GDP is about 'quantity' not 'prices'.

It works out how many breads, water, food, homes, cars u purchase per person a year rather then how much 'money' you have cause they know more money doesn't mean more wealth more products and consumption means more wealth because the quantity is the measure. I purchase 2 kilo of meat a week, that is the 'measurement' the actual 'product' and then they measure what u a naflacari islamic bearded goon purchase in meat a week.

If u purchase a '1 kilo' or less then that means your producing 'less meat' across your population then say my population. This is measured across not just meat every item in the market from cars to homes to technology to water or electricity. For example in 'electricity' they measure your consumption based on KILOWAT not how much u 'price' it. A western home uses the same kilowatt electricity of 100 Somali homes. Infact you will see this variation in everything that is measured hence poor n wealthy are determined.
Adigo mudan oo mahadsan fadlan su’aasha ka jawaab.

if the United States is the worlds sole super power and they are indebted by over 25 trillion dollars money that their taxpayers will never be able to repay.

My question is who is the United States indebted to?
 

Cognitivedissonance

A sane man to an insane society must appear insane
Stay WOKE
VIP
If you can answer this question whether I agree with your answer or not I will then retract all my previous comments concede and capitulate.
 

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