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Showerthoughts_Mod t1_j6b9b48 wrote

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Remember, /r/Showerthoughts is for showerthoughts, not "thoughts had in the shower!"

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great_auks t1_j6b9hx4 wrote

It balances out because of what the added scarcity does to drive up demand in the used tooth market

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could_use_a_snack t1_j6bcmxv wrote

No. The tooth fairy sells the teeth she collects. What do you think is rattling around in a can of spray paint?

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faderus t1_j6bct9o wrote

This raises questions about whether the tooth fairy has a direct connection to the central bank fiat currency creation system of every nation on the planet, or conjures the new currency out of thin air, or obtains the currency from the existing money supply and then redistributes it to dumbass kids. If the first, then the tooth fairy is basically an honorary central banker with powers on par with a mini-Fed Chair. If the second, and the tooth fairy can independently perform QE operations in every nation on earth with magic, then she is the most powerful financial force on the face of the planet. If the third, she’s basically Robert DeNiro in Casino.

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faderus t1_j6behuu wrote

Replying to I_Seen_Some_Stuff (#1,569,956)

And if the little asshole puts it in a pink ceramic piggy bank, you come back and reappropriate that shit to a kid in the lower quartile of the Marshmallow Test. Bitch don’t mess with my velocity of money equation.

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stdoubtloud t1_j6bfdag wrote

Thus demonstrating that if your economy is faltering it is better to inject money for the poorest to spend (getting it into circulation immediately) than to give tax cuts to megacorps to pretend that the value will trickle down into the economy.

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RooneyD t1_j6bgp9t wrote

I thought this theory had been disproven by an economic paper out of the University of Chicago. The tooth fairy has a dampening effect on inflation due to the slow increase in tooth prices over time.

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DeadOnRival t1_j6bl5a1 wrote

Alright people, you heard it, from today if your kid breaks a tooth, glue it back on.

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Soraeon t1_j6bujfu wrote

More money in the economy would only cause inflation on inelastic goods and most goods are elastic. The trope that more money in the economy causes inflation is questionable at best and arguably all together inaccurate. Just another lie to give power to central banks. So keep bringing that sweet, sweet tooth money Tooth Fairy!

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aft3rthought t1_j6bupyl wrote

Okay, we gotta do the numbers! It looks like about 3.6 million children are born every year in the USA. Each child has 20 baby teeth. That amounts to roughly 72 million baby teeth being created every year. Now the payouts happen later, but I think that can be ignored since children are born at a pretty steady clip and teeth fall out over a series of years. It looks like the average payout per tooth is close to $5 these days, so that’s $360 million/year. The USA GDP is 23 trillion dollars. Inflation of 1% then amounts to 230 billion dollars per year. That would mean an additional 0.16% in teeth alone. Large, but not catastrophic. As a comparison, it looks like the IRS estimates $380 billion in taxes go unpaid per year.

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anexiledone t1_j6cdt4f wrote

No, she turns them into NFTeeth then sells them giving you a share of the profits

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RenterGotNoNBN t1_j6cflxt wrote

Also ancient pharaohs helped reduce inflation by burying all the riches with them. (To be honest they probably caused it also, by all the pyramid building)

in summary we should ask Bezos to build a giant tomb where he can be interred with his riches.

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D3monVolt t1_j6cfr5w wrote

It's just 50 cents or so for first world kids for one tooth. So it'd not that much

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PM_ME_YOUR_LAWNCHAIR t1_j6cgycu wrote

According to Reddit socialist lefty idiots, inflation is just corporate greed from corporations because it's not like the one-man sub-shop has had to raise prices or that "greedy corporations" have had previous losses. Were they not greedy when prices were stable and inflation was low?! lmfao. People are so dense.

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APC2_19 t1_j6chxrw wrote

Santa increases the supply of goods (mostly toys), without creating new money, so has a deflationary pressure on the economy

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AzureDreamer t1_j6ck9vm wrote

I thought the tooth fairy melted all the teeth down and sold them to neonatal departments and dental veneer companies.

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Homelessnomore t1_j6cnbfo wrote

The Tooth Fairy in Terry Pratchett's Discworld has investments that yield sufficient funds to keep the business going. It also outsources the actual work to independent contractors.

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Champomi t1_j6cux40 wrote

Instructions unclear, watched an inflation tooth fairy hentai instead

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cursedbones t1_j6d1eal wrote

Replying to Soraeon (#1,572,707)

The idea that more money alone cause inflation have been disproved a long time ago. Yes more money can cause inflation but it's no the main source of it.

Just look at Japan' Yen. In 20 years the amount of Yen more than doubled but the inflation grew only 3%.

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wojtekpolska t1_j6d4o2h wrote

nah, she's directly funded by the goverment, all the money she leaves come from your taxes

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artofthepie t1_j6e0bcf wrote

Putting money into kids’ hands for it to end up in a piggy bank takes it out of circulation and should dampen inflation

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aft3rthought t1_j6eecew wrote

Replying to shastaxc (#1,586,001)

You’re right! Continuing the highly scientific practice of using the first page of google results, it looks like the participation rate is about 80%. Personally, $5 seems high to me, and 1% inflation is obviously a little low, so I think we can probably assume the real Fairy inflation rate must be somewhere below 0.16% of GDP.

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jefflovesyou t1_j6ejd5k wrote

If everyone on the planet lost five teeth a year and the going rate for a tooth is 5 dollars that's only like 1.6 Trillion dollars worldwide.

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Ok-Lock-2274 t1_j6emoqf wrote

Where are you getting the “newly-created” all the I ever got was dirty as hell

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Sentsuizan t1_j6fdube wrote

Money is made from thin air all the time, and that's by design. The entire lending system is built on it.

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lbiggy t1_j6fhbfo wrote

Not really. You provided a product and traded for that product.

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Dadto7Tech t1_j6fqgrr wrote

Just think how high profit margins during the holidays would be if Santa wasn't handing out free gifts.

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Violated-Tristen t1_j6fvlo7 wrote

Our “granddaughter” had a really loose tooth (her first) and came to visit from another country. We had a really deep conversation about the various tooth fairies of the world. She was convinced that the American tooth fairy would have called the Canadian tooth fairy… but in case she hadn’t; Our little one figured she could take the tooth back to the States with her and get her money then. It worked out the tooth fairy not only left her money but a tiny little envelope with three page letter in it signed just for her.

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fpv_Preitje t1_j6fz6i2 wrote

You thought of this under the shower. Dried yourself off. Went on the computer. Typed this shit up. and posted it on Reddit!? Why??

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CyanConatus t1_j6g255e wrote

I am curious what would be the impact to the economy if let's say a child gets $5 per teeth. And these bills are both new and legal

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sonicjesus t1_j6g8vvj wrote

It's not newly created. When you shell out $250 for a ten minute cleaning, who do you think that protection money goes to?

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sonicjesus t1_j6g9z02 wrote

Replying to RelentlessChicken (#1,590,971)

A baroque marble in fact, completely unrelated to any Tennessee Williams play.

Marbles run down a long ramp, any that are misshapen will go off course and fall off. These are the ones destined to drown in oil based paint.

Marbles have weird, tortured lives devoid of forgiveness for their inherent flaws that aren't the fault of their personal actions.

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