Next what will happening After money printing

NavI_027

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Quote from: ChronoLite on September 02, 2020, 03:25:50 PM

Quote from: proscratcher on September 02, 2020, 02:42:13 PM

[snip]

you don't need to consult with money experts to actually understand the mistake of this and the impact could be given by printing money. it's a common sense that it will be a hard inflation. look at how zimbabwe experienced once they printed more money, we don't want to see that again, right.

Yup! Another example is Venezuela. Look on their economy, it's worst. Shifting from inflation to hyperinflation in no time due to increasing the supply of money in circulation. Imagine, in mid January of 2018, the foreign exchange was 250,000 bolivars = 1 US dollar Shocked

. Quite shocking, isn't it?

That's why printing more money should be the last resort of every government to ease the crisis or let's say it should not be included actually. It makes the economy worse in the long run.

STT

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There will be like 10-20% intrest rate Rise.
Government will start calling in the debt.

This certainly cant happen, government is self biased and its largest weighting is in debt at low interest rates. To raise rates would consume the entire fiscal budget, no money would be left for defence, welfare or any other department of government only the interest payable on the debt. If you are aware how a bank run can occur with a lack of credibility or availability in funds to a bank which has fractional reserves then its quite similar to how treasury debt could play out in that no path or alternatives remain but to deal with the debt owed. There is an immense pressure from this amount of debt owed in such short time frames, it doesnt leave much space for politics or rhetoric.

qwertyup23

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Printing money? That's a bad idea OP- this will significantly increase the inflation rate and might put the economy of the country in jeopardy. Increase in money supply will lower the demand rates and thus, will lower the value of the currency significantly in a short amount of time.
The Central Bank has several methods of controlling the inflation rate but I highly doubt that they will print money to control such inflation.

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Quote from: proscratcher on September 02, 2020, 02:42:13 PM

I think printing a lot of money will affect the economy of the country in a bad way. Money is meant to be circulated but if there is need to print money, experts should be consulted

of course printing money will influence to money supply in market that caused inflation. a country can not print money arbitrarily, they must provide a guarantee for every value of money that is printed. we have some example that countries printing money unlimited and its money have no value at all.

Check for Zimbabwe for instance, the face value of their money is so high that the actual value is so low. Printing money tends to decrease the value of the currency in the market due to its tremendous supply circulating without the demand to use it at all.

todiefor17

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They print extra money to save their finances. All countries can print more money and they manipulate them to always have value. They print money to own shares in businesses and avoid foreign financial institutions doing so.
People will become poorer and poorer and businesses will get richer. Money is still money, but under the hands of power, they have a different way of living.
If you want, take your possessions into a different form and multiply them.

cryptoknightt

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why did the government do that, I think if it did it on a large scale the panic would occur everywhere.
they had better think of a better way than to do it.
saving a little money is also enough than withdrawing all your money.
because during the crisis, investment opportunities are getting bigger.

Salauddin1994

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If inflation occurs after printing more money the economy will be hampered and it will be much harder to deal with the crisis. Inflation lowers a country's economy a lot Inflation tends to decrease when demand increases. if the demand increases it will help to improve the economy in the next step. It will be possible to control the population while controlling inflation. More population hinders the economy after the impact of the extra money on the printing market the traders suffer a lot.

Latviand

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Quote from: jackg on August 09, 2020, 08:06:24 AM

Do most people think this during a crisis? I don't get the pojt of it. Inflation probably already gone up, if you don't have a plan for a crisis, its too late just accept that and that you need a plan next time clearly...

Aren't they scared about inflation? It can worsen the state of the economy if it occurs.

If the demand increases and people are too powerful and businesses will be bankrupt, then probably economy will sink at the bottom. Printing money is not always the solution for this economic issues. This crisis should be handled properly so that the outcome is much worth it and accurate. Planning is essential in any part of the strategy, if governments are knowledgeable about it and they are responsible for the state of the economy and its people then they will not have a hard time executing that plan.

ChronoLite

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Quote from: proscratcher on September 02, 2020, 02:42:13 PM

I think printing a lot of money will affect the economy of the country in a bad way. Money is meant to be circulated but if there is need to print money, experts should be consulted

you don't need to consult with money experts to actually understand the mistake of this and the impact could be given by printing money. it's a common sense that it will be a hard inflation. look at how zimbabwe experienced once they printed more money, we don't want to see that again, right.

proscratcher

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I think printing a lot of money will affect the economy of the country in a bad way. Money is meant to be circulated but if there is need to print money, experts should be consulted.

abhiseshakana

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Quote from: jossiel on August 09, 2020, 08:25:00 PM

I think it's the opposite. Every country who's dealing with the pandemic has to deal with the economic crisis. Increasing the interest rates won't do good for their people.

Instead, they are decreasing the interest rates for their people to start again, and gradually, they'll raise it. I don't see it that they'll do it in an instant if everyone just came from no workdays and holidays.

Unfortunately, many countries cannot realize their idealism because they are systematically made to have a high dependence on the dollar. In addition, many officials of a country's central bank always refer to the interest rate policy adopted by the FED. This shows that America is still the barometer and hegemon of the world economy. The government will follow increasing the interest rate so that the dollar remains in a country and does not return to America. And the reason for raising interest rates based on The FED is the safest step for the government to avoid criticism from the opposition and the people due to mismanagement of the national economy.

marlo1001

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Nothing will be after this. Yes, we will see another few % for inflation. Thats all

maye5104

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It's a paradox. The government is trying to solve problems caused by money printing with printing more money.

cryptomarcianos

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Eventual fall of economies. The system is hacked!

jossiel

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I think it's the opposite. Every country who's dealing with the pandemic has to deal with the economic crisis. Increasing the interest rates won't do good for their people.

Instead, they are decreasing the interest rates for their people to start again, and gradually, they'll raise it. I don't see it that they'll do it in an instant if everyone just came from no workdays and holidays.

ChiBitCTy

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It's hard to say where thing will go from here. We are going through some pretty unprecedented times and governments have had to take some unprecedented measures. A government stable coin of some sort though I believe is likely in the future. The dollar still remains strong.

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Quote from: The Sceptical Chymist on August 09, 2020, 05:17:05 PM

If other countries around the world do start up their money printing presses, the global economy is going to be in some seriously deep shit. Inflation will eventually skyrocket--we haven't seen that yet in the US, but it's just a matter of time.

Imo, there is a reason why the U.S. pulled through with printing more money for stimulus bonuses, but most countries cannot, and it's cause the U.S. dollar is so strong and their economy is the best. If other countries choose to follow suit, they will be hit with hyperinflation in next to no time, the U.S. like you said, have prolly not gotten away with this, but with a viable economy like theirs, you'll not envisage a situation of hyperinflation in the U.S.; so I'd think the repercussions will be minimal in the U.S.A.

Quote from: The Sceptical Chymist on August 09, 2020, 05:17:05 PM

Anyway, I'm keeping my fingers crossed for an end to the pandemic. That alone should help the economy significantly.

The period when the spread of the virus slows down (can't see an end in years) will be a tough period for the world economy, I doubt it'll help, I think that's the time the aftermath of this pandemic will start to take it's toll on the economy, with recession and inflation, and a large chunk of people jobless. Mind you, that will be the period of economic recovery and it'll take many years to fully recover, during which there will be beneficial opportunity costs forgone that will 'cost' the economy much.

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What country do you mean? All countries?

Quote from: Polo7 on August 09, 2020, 07:48:53 AM

U Think the government Want to kill fiat curreny??

Exactly not, although there is a crisis, inflation, or even collapsing, I don't think that a country will kill the fiat, except that the country really faces the very bad inflation and no value for the money. But should they kill the fiat or make it become valuable again? That is what I think simply, not even thinking of killing the fiat. Moreover like in my country where the fiat is still the most used currency because of the condition of the society, environment, and also culture.

Quote from: Polo7 on August 09, 2020, 07:48:53 AM

Through Gold stocks btc and Other risk assets its confiscation of money.

Is it really that they will also confiscate digital assets and stocks? If it happens, it means that the country is really really bankrupt. However, I don't think that it will happen. if it is about the digital asset, it can help to make a better economy in a country, can't it? The government may also not make such decisions that will risk or make their society lost their money so badly.
It may be better for individuals to manage the money and also saving, to save future life, for investment and also for daily needs. I don't have any problems with still saving fiat and also digital assets like crypto for my life.

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Quote from: abhiseshakana on August 09, 2020, 06:29:46 PM

Quote from: Polo7 on August 09, 2020, 07:48:53 AM

Next Thing will be intrest rates will go Higher If Not its end of the money.

U Think the government Want to kill fiat curreny??
No They Don't Either kill the crypto crap

There will be like 10-20% intrest rate Rise.
Government will start calling in the debt.

The government is not the real money owner but only as a tool used by money owners in order to legitimize the interests of the plutocrats. The government issues bonds and pulls all the dollars back into the central bank. The effect is that the dollar will become thinning/a little on the market and when the dollar is scarce so the value and interest increase.

This strong dollar makes the price of goods that America buys (imports) so cheap. If the dollar goes home to America, then the effect will be that America can suppress the economies of other countries. Because the dollar and debt are still used as a safety valve for the country's economy.

Nice to see that my students here start to undestood and I Don't have to Explain any More how the Economic system really Works Wink

abhiseshakana

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Quote from: Polo7 on August 09, 2020, 07:48:53 AM

Next Thing will be intrest rates will go Higher If Not its end of the money.

U Think the government Want to kill fiat curreny??
No They Don't Either kill the crypto crap

There will be like 10-20% intrest rate Rise.
Government will start calling in the debt.

The government is not the real money owner but only as a tool used by money owners in order to legitimize the interests of the plutocrats. The government issues bonds and pulls all the dollars back into the central bank. The effect is that the dollar will become thinning/a little on the market and when the dollar is scarce so the value and interest increase.

This strong dollar makes the price of goods that America buys (imports) so cheap. If the dollar goes home to America, then the effect will be that America can suppress the economies of other countries. Because the dollar and debt are still used as a safety valve for the country's economy.

Polo7

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Quote from: jackg on August 09, 2020, 09:51:34 AM

Quote from: Polo7 on August 09, 2020, 08:51:50 AM

There will be so many money loundering Laws that its Impossible for average joe to Even Get rich from Investment crypto.

Before the crash will be high taxes and strict laws and regulations.

Its likely that crypto will disapere for Ever most of the crypto Only stronger coins will survive

I doubt the financial capitals will add much regulation, I'll say the government have definitely made it harder in the UK for smaller companies to rise up and prosper since bringing in extra taxes and regulation for them...

Cryptocurrency is currently unregulated and I doubt governments care at the moment. You're forgetting that a lot of countries thrive off money laundering - its why uk property prices are so high (especially London). You want to convert more than 15000€ into another currency or transfer it you'll have to prove where the funds came from - you want to buy a house, no one cares where you got those funds you'll still get a solicitor to sign off on it.

You said quite Right, If There is 2 persons one is the money lounder and Want to buy house...
And Other one is Not....
Then They are treated with the Same way as both of them are lounders

The government Don't Care about morals or Right or wrong If You are money lounder and Criminal but your paperwork is correct then Everything is fine with You!

Polo7

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Quote from: The Sceptical Chymist on August 09, 2020, 05:17:05 PM

OP, I get your points about rampant money printing, but I also saw your thread about Australia which seemed to have no evidence to back what you were saying. You might want to include links when you start threads if you're looking to spark discussion on a particular subject.

If other countries around the world do start up their money printing presses, the global economy is going to be in some seriously deep shit. Inflation will eventually skyrocket--we haven't seen that yet in the US, but it's just a matter of time. Plus we've got all this stimulus and unemployment money being handed out, and someone has to pay for that eventually. I wish I knew what the government's plan was for all of this, but they don't seem to be broadcasting any such signals to the citizenry.

And if we end up in a hyperinflation situation, forget about saving cash. That'll just become worthless by the day. But as far as bitcoin is concerned, I don't know if it would provide a solution or not should it come to that. We've seen countries like Venezuela and Zimbabwe in hyperinflation mode, and they haven't increased their use of crypto to any great extent. Anyway, I'm keeping my fingers crossed for an end to the pandemic. That alone should help the economy significantly.

The Australia Not announced yet this but Wait for Week or so au Will Tell how much More They are Going to print....

According to my knowledge They Will do it large.
Not as much as USA but I think More then eu and uk

The Sceptical Chymist

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OP, I get your points about rampant money printing, but I also saw your thread about Australia which seemed to have no evidence to back what you were saying. You might want to include links when you start threads if you're looking to spark discussion on a particular subject.

If other countries around the world do start up their money printing presses, the global economy is going to be in some seriously deep shit. Inflation will eventually skyrocket--we haven't seen that yet in the US, but it's just a matter of time. Plus we've got all this stimulus and unemployment money being handed out, and someone has to pay for that eventually. I wish I knew what the government's plan was for all of this, but they don't seem to be broadcasting any such signals to the citizenry.

And if we end up in a hyperinflation situation, forget about saving cash. That'll just become worthless by the day. But as far as bitcoin is concerned, I don't know if it would provide a solution or not should it come to that. We've seen countries like Venezuela and Zimbabwe in hyperinflation mode, and they haven't increased their use of crypto to any great extent. Anyway, I'm keeping my fingers crossed for an end to the pandemic. That alone should help the economy significantly.

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Quote from: Polo7 on August 09, 2020, 08:51:50 AM

There will be so many money loundering Laws that its Impossible for average joe to Even Get rich from Investment crypto.

Before the crash will be high taxes and strict laws and regulations.

Its likely that crypto will disapere for Ever most of the crypto Only stronger coins will survive

I doubt the financial capitals will add much regulation, I'll say the government have definitely made it harder in the UK for smaller companies to rise up and prosper since bringing in extra taxes and regulation for them...

Cryptocurrency is currently unregulated and I doubt governments care at the moment. You're forgetting that a lot of countries thrive off money laundering - its why uk property prices are so high (especially London). You want to convert more than 15000€ into another currency or transfer it you'll have to prove where the funds came from - you want to buy a house, no one cares where you got those funds you'll still get a solicitor to sign off on it.

Polo7

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Quote from: Sanitough on August 09, 2020, 08:56:14 AM

Keeping some money for the crisis while the rest will be invested, I think that's the right thing to do.

It's expected that it will take time for our economy to recover and people will help by paying more taxes.
Our government are already proposing new taxes, that is to increase their collection as some industries are still not allowed to operate at the moment.
Some scenario with other countries, due to covid-19, business are affected badly and that wouldn't contribute to raise funds to finance the battle.

Lastly, I would say we have no choice but to bear with the government, but we need to be smart, keep money (save it), and learn to invest to protect the value from devaluation.

D Evaluation is Not Even problem!!
Its smart to cash out money When Everybody will be in Euphoria about markets.

Sanitough

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Keeping some money for the crisis while the rest will be invested, I think that's the right thing to do.

It's expected that it will take time for our economy to recover and people will help by paying more taxes.
Our government are already proposing new taxes, that is to increase their collection as some industries are still not allowed to operate at the moment.
Some scenario with other countries, due to covid-19, business are affected badly and that wouldn't contribute to raise funds to finance the battle.

Lastly, I would say we have no choice but to bear with the government, but we need to be smart, keep money (save it), and learn to invest to protect the value from devaluation.

Polo7

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Quote from: jackg on August 09, 2020, 08:06:24 AM

Do most people think this during a crisis? I don't get the pojt of it. Inflation probably already gone up, if you don't have a plan for a crisis, its too late just accept that and that you need a plan next time clearly...

Money confiscation would be a weird scenario and no one else's government acts like their 5 years old or uses a bank to determine when they should print money (Greece Wink

)...

High interest rates and high inflation are good for a government though and its election year in the US... People might not think inflation has an impact on the stock market.

There will be so many money loundering Laws that its Impossible for average joe to Even Get rich from Investment crypto.

Before the crash will be high taxes and strict laws and regulations.

Its likely that crypto will disapere for Ever most of the crypto Only stronger coins will survive

jackg

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https://bit.ly/387FXHi lightning theory

Do most people think this during a crisis? I don't get the pojt of it. Inflation probably already gone up, if you don't have a plan for a crisis, its too late just accept that and that you need a plan next time clearly...

Money confiscation would be a weird scenario and no one else's government acts like their 5 years old or uses a bank to determine when they should print money (Greece Wink

)...

High interest rates and high inflation are good for a government though and its election year in the US... People might not think inflation has an impact on the stock market.

Polo7

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Once most of the money eliminated from circlelation then no More loans any More...
Intrest rates will go Higher and no More inflation any More the money will have Strong purache power Only few People will have the money but debt is Still existing

Solution is Simple You will Work to pay Back debt.
There will be Work camps When anyone who is on debt will Work to pay Back the debt.

Polo7

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Next Thing will be intrest rates will go Higher If Not its end of the money.

U Think the government Want to kill fiat curreny??
No They Don't Either kill the crypto crap

There will be like 10-20% intrest rate Rise.
Government will start calling in the debt.

Through Gold stocks btc and Other risk assets its confiscation of money.

So keep your money You will need it!!

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