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[–] Naught405 ago 

Just another NIBMAR success story!

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[–] clamhurt_legbeard 1 point 52 points (+53|-1) ago 

What's the source on this?

This guy was already Finance Minister for years before and didn't do this level of stupid shit.

When I tried researching these incredible quotes, I found nothing.

This sounds more and more like BS.

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[–] Devildog1987 ago 

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[–] clamhurt_legbeard ago 

I've never seen a site where scrolling down gives you 100 separate Taboola ads...

That sounds really reputable!

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[–] ninjajunkie 0 points 4 points (+4|-0) ago 

Found another article on some sketchy South African news site.

Has a longer quote...

South Africans continuing to be poor when we can print more money to ensure that everybody has it. Our people are poor because there is a shortage of money in the country. It’s not the shortage of jobs that makes people poor, it is the shortage of money. We have paper and ink, so we will print more money and give it to the poor, and make all of them billionaires if that is possible.” Nene said.

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[–] clamhurt_legbeard 0 points 1 point (+1|-0) ago 

Hinky indeed!

I tried going to the bottom of the page and it just kept loading more and more Taboola ads!

The site's about page is a single line. They're the best news source, it says right there.

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[–] voats4goats 1 point 6 points (+7|-1) ago 

Exactly. This shit is faker than Dolly Parton's tittays

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[–] bigoak9 1 point -1 points (+0|-1) ago 

just cause there fake dont mean we cant enjoy them

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[–] freshmeat 2 points 1 point (+3|-2) ago 

watch your mouth boy

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[–] Sour 2 points 12 points (+14|-2) ago 

You're right, only thing i could find was a yournewswire .com link.

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[–] RageAgainstTheAmish 0 points 1 point (+1|-0) ago 

I had no idea Africa could fall further than Rome

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[–] lord_nougat 0 points 1 point (+1|-0) ago 

It was a real shame when the magnificent and mighty African empire collapsed.

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[–] crustyjuggler 0 points 8 points (+8|-0) ago 

Somebody has been watching too much black panther.

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[–] Hellhounds 5 points 18 points (+23|-5) ago 

I'd like a better source than the outlets have reported on this so far. Some people are saying it's fake news.

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[–] ARsandOutdoors 0 points 4 points (+4|-0) ago  (edited ago)

Idk. this guys is some CNN shill it seems from a cursory glance of his profile. https://jonathanturley.org/2018/03/05/south-africa/ but he is saying the same thing. I've been casually following south african polities since i had owned shares in a gold miner in the country awhile back. At this point in the game, I really wouldn't be suprised if thats how they go about it down there. Following the story to the original march 3 article, it was dropped on "Himnews," who's "about us" , "if u want to submit an article..." page has an email address which is 247newsmedia*gmail. WHICH if i recall, is a FAKE NEWS propagating shill site that posts on here from time to time

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[–] Glory_Beckons 1 point 27 points (+28|-1) ago 

This is a screenshot of "YourNewsWire": http://yournewswire.com/south-africa-print-money-rich/

A garbage disinfo rag that is based in the heart of Commiefornia and run by former MTV producer Sean Adl-Tabatabai.

It runs bullshit stories designed to be on the outer fringe of believable, meant to discredit opposition.

Anyone posting this shit is a shill or a moron.

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[–] YugeDick 3 points -3 points (+0|-3) ago 

Don't be such a lazy nigger asking people to print more money for you. Go earn it yourself.

I mean... Better article, source, find it yourself... nigger.

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[–] PhilaFerret 0 points 4 points (+4|-0) ago 

The author writes for Your News Wire.com if you want to check out that site. I couldn't find any other sources for the story except his article.

1 reply

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[–] PeacefulAssassin 0 points 2 points (+2|-0) ago 

so what keeps a couple try from just printing tons of money, not telling anyone, and slowly spreading it out to the masses so that everyone does become rich?
current currency is based off of nothing anyway.

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[–] YugeDick 0 points 2 points (+2|-0) ago 

Supply and demand. Do they not teach basic economics in schools anymore?

Same demand with more supply means the supply has less value. More demand with less supply makes the supply harder to get and worth more. This same basic principal applies to everything including currency.

Take gasoline prices as an easy example we all see fluctuate week to week. First presume the currency stays at constant value. When the market is flush with abundant oil like when Saudi was over producing the prices go down. They over produced specifically to force the prices down to make shale oil not worth the cost of production. When there's a shortage prices go up, like when a hurricane takes out refineries in Texas or when a new conflict breaks out in an oil producing country.

Now flip that to where the availability of gasoline stays constant but the currency fluctuates. If large amounts of currency flushed the market and everyone had millions when they normally had maybe hundreds at best then prices on gas will go up because its easy to get people to pay higher prices when they have so much to spend. The real value of the gallon of gas is still the same but the sacrifice one is willing to make to get it changes... sort of. The sacrifice is the same really because the amount of real value the average consumer puts forth to earn the currency necessary to purchase the gas doesn't change, only how much currency they have for making that sacrifice in trade. This is inflation.

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[–] 0110001111 0 points 2 points (+2|-0) ago 

They way i remember it, currency is the opportunity cost of leisure. Seeing as nogs have all the time in the world to do fuck all, it makes sense they have worthless currency.

[–] [deleted] 0 points 1 point (+1|-0) ago  (edited ago)

[Deleted]

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[–] PeacefulAssassin 0 points 3 points (+3|-0) ago 

I see the point you are making, the inflation would just happen naturally, even if no one knew about the extra money being inserted.

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[–] InyourfaceNancyGrace 0 points 8 points (+8|-0) ago 

“South Africans continuing to be poor when we can print more money to ensure that everybody has it. Our people are poor because there is a shortage of money in the country. It’s not the shortage of jobs that makes people poor, it is the shortage of money. We have paper and ink, so we will print more money and give it to the poor, and make all of them billionaires if that is possible.” Nene said.

http://www.hinnews.com/za/national-news/we-will-print-more-money-and-give-it-to-the-unemployed-to-end-poverty-in-south-africa-says-new-minister-of-finance/

Seems like there's some expression for this line of thinking? Something about not understanding credit, debt, and money in general and drastically outspending your resources...

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[–] WEHRMACHT_BITCHES_AT 0 points 7 points (+7|-0) ago 

It's called "nigger thinking".

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[–] InyourfaceNancyGrace 0 points 3 points (+3|-0) ago 

Well I was looking for "Nigger rich," but now I'm thinking Niggernomics has a better ring to it.

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[–] RoBatten 0 points 4 points (+4|-0) ago 

Nigger Logic . . .

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[–] weredawg 0 points 5 points (+5|-0) ago 

What the hell is an "inflation" and why should I care?

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