Confessions and problems of a silly plantation owner.

[CIAOfficer]

There was once a very rich and powerful plantation owner.

He had millions of acres of rich, lush, farmland.

So rich in fact, That he was able to print up his own money to pay his help.

Well, over time, he found that he could also pay foriegn workers with his money, and pay them much less of it than his local workers demanded and needed.

Soon, he found himself even richer than before. Paying out nothing for hard work on his farm, and deluged with new foriegn workers also wanting to work for nothing for him.

After some time though, his foriegn helpers wisely saved up his worthless money, and began presenting it back to him in exchange for his property and land.

What could he do? They had amassed a great deal of his worthless money. To refuse to sell his truly valuable assets, would make his money worthless to all. To sell, meant the end of his real valuables, until he was left with nothing more than the worthless paper he had paid out.

Can you save this silly Plantation Owner? Would you save this silly plantation owner? If so, how?

[Ryzorian]

It doesn't matter what his paper money is worth, he doesn't have to sell his land if he doesn't want to. It's his. Perhaps he should use his paper money to hire a massive professional army because he who has the massive professional army, makes the rules anyway.

[Shanis]

Well, when he's that rich with farmland, he has normal money too so he just has to fire the foreign worker and higher new one he pays with real money... Or just use he paper money. I mean, he has the money and the power so he decides

[TalnSG]

Interesting parable or analogy, depending on how you look at it.

Only history and economics will tell how it resolves itself this time. Seems its been a periodic problem over the centuries - even before the printing press made paper money possible.

[CIAOfficer]

Originally Posted by Shanis

Well, when he's that rich with farmland, he has normal money too so he just has to fire the foreign worker and higher new one he pays with real money... Or just use he paper money. I mean, he has the money and the power so he decides

He is the printer of the most valuable currency of them all.

If he refuses to sell his property for his own money in return, what happens to the value of his currency?

What if he printed more money than the value of all his assets?

Credit?- The advance payment for work not yet done.

Can he borrow money from his workers to pay them with, and make the payment on his loans? And yet refuse to sell them his property for his own money or credit markers in return?

[Shanis]

Originally Posted by CIAOfficer

He is the printer of the most valuable currency of them all.

If he refuses to sell his property for his own money in return, what happens to the value of his currency?

What if he printed more money than the value of all his assets?

Credit?- The advance payment for work not yet done.

Can he borrow money from his workers to pay them with, and make the payment on his loans? And yet refuse to sell them his property for his own money or credit markers in return?

It's not like there are only the owner and the worker there are much more people around he could borrow money from, also selling his products gives him enough money he doesn't has to sell his land.. For what reason anyways? The money isn't less worth just because he doesn't sell his land and as I said, he could just higher people from another country who work for less and don't have the money to buy it...
And the workers wouldn't be able to farm the farm economically because they don't have the knowledge, machines and workers as the owner of the land has.
To put it simple: There is no reason for the owner to sell it, cause he has enough money and the people have to buy his products or they starve, yet there are enough other people, not including his workers, so there's no problem for him.