Shinkdmeister's definitions
by Shinkdmeister August 14, 2020
Get the Daughter of a Satyrmug. A private national bank that churns currency cents to the bill. Not backed by a physical commodity but by your faith you have to the issuing bank.
Man 1: I got a 1000 dollars, and its all mine!
Friend: No it's not, you EARNED that money but you don't own it.
Man 1: Yea, how?
Friend: The price printed from the Federal Reserve on each bill Is the amount you believe its earned.
Man 1: So it's not backed by anything, and it's just printed out?
Friend: Yup
Man 1: so, I can print it too
Friend: Yes.. NOOO!
*Plays Roundabout by Yes*
...To Be Continued
Friend: No it's not, you EARNED that money but you don't own it.
Man 1: Yea, how?
Friend: The price printed from the Federal Reserve on each bill Is the amount you believe its earned.
Man 1: So it's not backed by anything, and it's just printed out?
Friend: Yup
Man 1: so, I can print it too
Friend: Yes.. NOOO!
*Plays Roundabout by Yes*
...To Be Continued
by Shinkdmeister November 5, 2018
Get the Federal Reservemug.