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by naveen99
1187 days ago
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When you start a company and a vc gives you a million dollars at a $10 million valuation, 1 million is real, the other 9 just got printed. When you do labor, you print money. When you take out a loan and commit your future labor to paying interest, you are printing money (converting labor to money) |
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I am referring to sum of money the FED has created.