Because the more dollars you print, the lesser its value will be. It's like the law of supply and demand when we have so much supply of something, its value will be lesser whereas when a supply is lesser and demand is higher then the price would surge up. More printing of dollars means more money and the result would be inflation
Yes, I totally agree with your parable. Instead, I agree more with lower inventory and higher demand. Because this can cause the price can actually rise very high. 
Topic: Why not just print dollars? (Read 30063 times)
What has the bigger value? Something that's common everywhere or something rare found in a very few places? I think you see where I'm going with this. Also, that's how inflation works, you just print out money and it becomes worthless.
Under the credit currency system, exceeding the number of currency in circulation economy caused by the actual needs of currency devaluation and comprehensive and continuous price level rises, in a more popular language is: in a given period of time, the general price level in a given economy continues to grow, resulting in a sustained drop in purchasing power of money.
BTC perfectly controls inflation, which is the real value of BTC.
BTC perfectly controls inflation, which is the real value of BTC.
The reason is that printing more money doesn't increase economic output. What it cause is inflation. Who would thought that printing money could create more problems than it solves. So if we want dollars. Let's just exchange our Bitcoin to paper money.
I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.
I like your explanation. You are correct. The value of bitcoin is not fix. It may change from time to time. Its value could be so high and suddenly will drop. Unlike the dollars or other fiat money that its value is not that volatile as the bitcoin. And based on my observation, printing paper money is based on the country's economy. The more paper money printed the more devaluated it will be.
I think if the government just print and print infinitely then the value of Fiat money would definitely drop or devaluate. It would do no good and the prices of commodities and all stuff would definitely go up in proportion. I also think the amount of printed money can only be judged by the current state of the economy or the gold reserves of a country.
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
The government and powerful bankers established a system in 1913 that typically works like, Every dollar of the monetary base (narrow money or high-powered money) comes into existence with a one to one increase in the public debt, collectively owed by the taxpayers. Then, private banks use that base to create more dollars (in broad money) that come into existence with a one to one increase in private debt. the other way, if people in the private sector ever paid off all of their debts, and the federal government paid off all of its bondholders, then the supply of US dollars would be virtually extinguished. This is the sense in which our fiat-money, fractional-reserve system uses debt-based money. Although market prices are flexible and can react to deflation much better than most people realize, it is still true that our system is tragically absurd, credits to mises.org. The conclusion of this is that almost all the government policies in terms of banking system are a big inferior that is why bitcoin is the solution of this banking system. Why borrow dollars and then pay back by printing them?
Why take the long way around?
I don't like the idea much because I don't see any differences in digital and paper printings
Because the more dollars you print, the lesser its value will be. It's like the law of supply and demand when we have so much supply of something, its value will be lesser whereas when a supply is lesser and demand is higher then the price would surge up. More printing of dollars means more money and the result would be inflation
because there is a regulation which controls the circulations of the dollar
could you imagine if the dollar can be printed easily. there is a huge inflation of hundred maybe thousand percent
it's will cause many problem threads such as everything whether needs or not will have a huge value
you could buy one thing in millions. cash and how you bring it on manually
yet there's are many problems will cause that could be mentioned one by one here. every economy expertise had known it well especially the bad impact that will generate.
could you imagine if the dollar can be printed easily. there is a huge inflation of hundred maybe thousand percent
it's will cause many problem threads such as everything whether needs or not will have a huge value
you could buy one thing in millions. cash and how you bring it on manually
yet there's are many problems will cause that could be mentioned one by one here. every economy expertise had known it well especially the bad impact that will generate.
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
The best thing about bitcoin is bitcoin have limited supply and not any institution can controll. Different with dollars, dollars controlled by central bank and central bank have right to print money like they want and thats causing economic cirisis around the world
I think that may solve the problem for beggars in future in dealing with bitcoins
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
The best thing about bitcoin is bitcoin have limited supply and not any institution can controll. Different with dollars, dollars controlled by central bank and central bank have right to print money like they want and thats causing economic cirisis around the world
ITS NOT LIKE THAT WHATEVER MONEY U WANT TO PRINT U CAN PRINT. IF ANY ECONOMY WANT TO PRINT MONEY THEN THEY SHOULD HAVE A EQUIVALENT GOLD IN THE RESERVE. AND ALSO SEEN THE RATES OF INFLATION AND LESS MONEY IS PRINTED TO CONTROL THE INFLATION. IF ANY ECONOMY PRINT MORE MONEY THAN NEEDED THEN THEY DO NOT BECOME HIGH GDP ECONOMY THEY SIMPLY LOOSE THE VALUE OF THEIR OWN CURRENCY COMPARE TO US DOLLAR.
I don't think it has advantages! except for the fact that it will be more secure in our pocket than in globall circular
This kind of post put myself in good humor at the beginning, but then they make me realize how much need there is of financial education in the world ...
That's to solve such issues and there was a crypto currency. world banks have long been entangled in mutual debt obligations and are in deep crisis. This partly explains their fear of bitcoin.
Well, when I sustain that there is a big need of general financial education, it seems that I have good reasons...
It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".
this is nothing to go possible because no country will do such things unless they want to be proclaimed as the lowest economic country.since this sign of being that..inflation and in balanced of economic will happen that will lead to corruption and political manpower It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Well, it’s not as simple as that. Every printed money is recorded in the world bank, I pressume. It is important that they keep a record of every additional cash because it may disrupt the balance of the world economy. Just imagine if we keep on printing money, then there will be no sense as to why we need to work for it.
Well, when I sustain that there is a big need of general financial education, it seems that I have good reasons...
It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".
this is nothing to go possible because no country will do such things unless they want to be proclaimed as the lowest economic country.since this sign of being that..inflation and in balanced of economic will happen that will lead to corruption and political manpower It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".
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