justdoubleclick
justdoubleclick t1_ituktmg wrote
Reply to comment by lo_fi_ho in [OC] In 20 years, Southeast Asia lost 610,000 sq km of forest, a land area larger than Thailand. by Glad-Introduction-14
They are mostly palm oil billionaires with publicly listed palm oil companies…
justdoubleclick t1_ir9llfi wrote
Reply to comment by ReneDeGames in TIL about Operation Bernhard. During WWII, Germany attempted to bring about the collapse of the British economy by forging ≈£130 million in British bank notes. The notes are considered among the most perfect counterfeits ever produced, and are very difficult to differentiate from legitimate notes. by rkadeYT
If you’re interested in the topic, this article explains it pretty well: https://www.pbs.org/newshour/amp/economy/making-sense/how-the-feds-balance-sheet-works-and-why-investors-care
justdoubleclick t1_ir9hqx1 wrote
Reply to comment by ReneDeGames in TIL about Operation Bernhard. During WWII, Germany attempted to bring about the collapse of the British economy by forging ≈£130 million in British bank notes. The notes are considered among the most perfect counterfeits ever produced, and are very difficult to differentiate from legitimate notes. by rkadeYT
Yes, it’s raw data directly published by the federal reserve. When the OP referred to the fed printing money they weren’t referring to physical notes printed, but the act of adding money into the system. The way they do that is through the repo system and their balance sheet shows how much they have created… this is extremely oversimplified of course..
So the $8.7T is money they have created which the banks can use to make more money and it all ends up in the system and driving inflation.
justdoubleclick t1_ir9ftmn wrote
Reply to comment by ReneDeGames in TIL about Operation Bernhard. During WWII, Germany attempted to bring about the collapse of the British economy by forging ≈£130 million in British bank notes. The notes are considered among the most perfect counterfeits ever produced, and are very difficult to differentiate from legitimate notes. by rkadeYT
justdoubleclick t1_itunqje wrote
Reply to comment by BigLipMoolie in TIL that France and Spain "went to war" over a few stop signs in the 1970s and 1980s when France built two new roads that crossed a Spanish road and installed new stop signs which Spanish citizens continually removed over and over again for years. This became known as the "War of the Stop Signs". by AxelNotRose
Of boredom perhaps… /s