What does Haha Money Printer Go Brrrrr mean?
Let's find out Haha Money Printer Go Brrrrr meaning, definition in crypto, what does Haha Money Printer Go Brrrrr mean, and all other detailed facts.
Haha Money Printer Go Brrrrr is a “wojak” meme that was popular back in 2020. It shows a person that is shouting at a Federal Reserve executive when he is printing dollars:
“Nooooooooo! You can’t artificially inflate the economy by creating money to fight an economic downturn! You can’t just change market signals by using monetary policy! You are distorting the natural rate of interestino nooooooooooo.”
The Federal Reserve executive replies:
“Haha money printer go brrrrr.”
The meme has a lot of different replicas representing various problems.
To specify, this meme is talking about the government having a method of “printing more money” to fight against economic crises. Citizens are concerned about this way of managing economic downturns. Such arguments often target government intervention in the economy, particularly the potential of the government to generate money.
The Federal Reserve had an announcement back then about their plans to increase the stock market’s liquidity. The meme came out not long after, as a response. To put things into perspective, in a short-term loan model, the government attempted to add $1.5 trillion into the economy as a reaction to the COVID-19 epidemic.
The concept can also be referred to as quantitative easing (QE). It is more complicated than just creating more money “out of thin air”, but the outcome is the same.
Critiques refer to dangers such as hyperinflation when government printing becomes excessive as it has before. In a less desperate situation, skeptics appeal to the fact that a rise in the money supply devalues their own assets.