Topic: There is possibility that we may not see the money printing never again (Read 142 times)

People should realize this and wont really be going into places and perceptions or hopeful thinking because it could not really be that possible that cryptocurrencies would take place against fiat.

Do we really think that government would really let things to happen? Inflation is there but it just turns out that this is just a typical thing to happen.Institution or overall worldwide community and busines would still much prefer fiat in day to day basis transactions and wont be tending to make out any changes anytime soon.

Cryptos won't replace fiat, not in the near future. They're still too volatile, and there's still enough fairly strong fiat for people to choose relative stability over volatility. There are also technical obstacles and simply lack of infrastructure almost everywhere in the world to fully adopt cryptos. And not all cryptos have fixed supplies, some can pretty much be 'printed' like fiat. As for fiat, I'm afraid the risky overprinting will continue because one crisis is followed by another, and we're having a third rough year in a row. And bad times do require risky decisions like that to help people.

I'm interested in asking a question. Because you say "It's unfortunate that most people in Economics believe that economics is all about turning the printer on or off. Then I, as a person who doesn't know, what and how ideally about the economy are you thinking all this time?

Good satire, but I'm interested in going further!!

In my opinion US is the only country that prints money. If they stop doing it, then any other country would not even think about printing. But, US can not survive without money printing, coz they consume and need to many goods and services. On other hand, the world can not live without printed money. The US is the unique country. They hooked countries on the needle called US dollar. They get real goods, but pay in printed money and that is ok for every one.

Because of the QE, governments printed a lot of paper, thus increasing inflation and reducing the value of fiat currencies. Now the Fed is trying to fight this by raising interest rates and cutting stimulus programs. Just don't forget that the crypto industry grew because of this program as well, because printed money was used to buy cryptocurrencies.

The crypto industry doesn't suffer from such decisions, it's mostly just traditional finance that suffers. Printing money is beneficial to both the stock market and the cryptocurrency market: Nearly 10% of the $380 billion in stimulus checks may be used to buy bitcoin and stocks: survey

I think for the foreseeable future the money printers will continue to turn on and inflate the bubble until we face another financial crisis again.

There is a big difference between cryptocurrencies and Bitcoin, most cryptocurrencies will not be able to reach prices/use cases that will make countries/large institutions use them.
As for the link between Biden's decision to regulate cryptocurrencies, the economic war and the dollar's position as a reserve currency, there is no basis for logic.

As for the future of most cryptocurrencies, it is the low value, except for less than 10 digital currencies.

[1] Biden's New Executive Order on Crypto Is a Big Step in

Printing money is not just using it excessively in the circulation and cause absurd amount of fluidity but at the same time it's also essential to maintain the economy of a country, to also replace the dilapidated notes and such therefore I do think that its not that easy to completely cut it out of circulation, it certainly is something that is need  due to uncontrolled inflation but that can also be controlled by other means, I certainly do not think that the government would cut I all off soon by they would definitely need to be wider and take care of the economy more.
1. Better jobs
2. Good salaries
3. Halt to corruption
4. Better governance
Printing money alone is not the evil, also it was a necessity during the pandemic.

Well, just as I said, it doesn't seem like you fully understand what you are talking about since your scope is ending somewhere on money printing.

Just FYI, but it happens that sometimes money were printed, but inflation remained on the same level. Sometimes it happens that the amount of money remains the same but due to supply or demand shocks (that we recently had with covid) and it have a large impact on prices. Or sometimes it happens that inflation itself might be helpful for economy.

It is a pity that most people in Economics section are convinced that economics is about turning the printer on or off.

I'm always getting surprised by the amount of economical ignorance on this forum. It feels like people really believe the entire world's economy looks like this: countries are printing money = money inflates = economics suffer. Most people here have same understanding of economical processes as a fifth grade child. And I doubt anything will change since it is attractive to speculate on this topic for nothing.

Hopefully, one day people understand that economics work at least a bit more complicated.

Nope, there's a lot dollar circulated on 2010 but it doesn't prevent government to print it on 2011 [1]. The same goes like this year, they'll still continue to print dollars. They won't care with the devaluation, they only care they have more money to pay debt.

Bitcoin isn't backed with gold, any projects claim have backed with real gold isn't fully 100% gold too.

Right we're on 2022 and Bitcoin usage for daily expenses is really tiny, many people are using fiat, not Bitcoin. It's really unrealistic 2024 people will prefer using Bitcoin rather than fiat as a currency.

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[1] https://www.federalreserve.gov/paymentsystems/coin_currcircvolume.htm

Please do you have a link in proving this?
Because i tend not to hear such from Federal Reserve or the Treasury Department's of the US Bureau of Engraving and Printing (BEP) official page.


I totally agree with this, in term of war bitcoin or crypto is more effective, it is not centralized to a particular country or region, its a global digitally acceptable currency and a store of asset (Bitcoin).

We maybe not see money printing never again as we been printing a lot allready.
And instead of economical recression we maybe going in crypto so fiat currency will be devalued and new currencies backed by gold standard wich is new gold btc and other currencies.
So the biden who"s world leader might make rule to use crypto in times of war
Sure this situation will be benefiting only people who own crypto.
Also times of war fiat currencie can not be used as crypto is soverign asset so btc dont have cpuntry or border in times of war country or nation original currency might not working welll atm cash machines or banks might be even closed and cash distribution will be affected so the logical solution might be crypto.
And so much money been printed the next printing plan are year 2024 but even then maybe they will go directly in using crypto instead of start printing money.

It all making sense why else the top world elite rulesrs created crypto and funded crypto space with big money off course the imf bankers rotchilds top rulers elite have some plan otherwise they wouldnt created btc and crypto and build the exchangers wich are bankers funded.

Sure there must be plan so when war start around the world crypto might be only option to pay thats very possible scenariou