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by naveen99 1187 days ago
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)

1 comments

Not by the definition of money I am using when I refer to "the money supply" or the term "printing money".

I am referring to sum of money the FED has created.

There is always two sides to money. The fed pays government workers, the other side is the worker’s labor. Fed buys bonds, the other side is the bond. Fed sells a bond, it destroys the money it receives back. fed buys gold, the other side is the gold. the other side is as much responsible for the money creation as the fed. Fed doesn’t unilaterally create money.