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Topic: Why not just print dollars? - page 10. (Read 30043 times)

full member
Activity: 308
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September 30, 2017, 08:39:00 AM
This is the reason we're in this mess in the first place. People are lazy and just want problems to be solved for them as the world economy gets shittier and shittier but they don't care because they have the latest gadgets to keep them occupied.
newbie
Activity: 22
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September 30, 2017, 08:24:37 AM
It is because the federal government doesn't create money; that's one of the jobs of the Federal Reserve or the nation's central bank.
The Fed tries to influence the supply of money in the economy to promote noninflationary growth. Unless there is an increase in economic activity commensurate with the amount of money that is created, printing money to pay off the debt would make inflation worse. This would be, as the saying goes, "too much money chasing too few goods."
legendary
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September 30, 2017, 08:19:20 AM
Haven't you seen a lot of memes for Bitcoin and paper money from the Federal Reserve Central Bank of America. They say it clear, printing more money never solves any problem, only raises debt for the country , to pay the debt the country raises taxes. And who pays taxes ? Us the final consumers. That is why Bitcoin itself is a revolution in the economic field.
sr. member
Activity: 379
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September 30, 2017, 08:14:50 AM
Why not just print dollars is the reason why Bitcoin came about. Someone, or some people, were smart enough to give us an alternative type of money to use as paper money is crap. It's beneficial for banks to print money, but not for us. Do you research.
sr. member
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September 30, 2017, 07:47:51 AM
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 reason why the government only print specific amount of dollars is because they want to not loose the value of the dollars. According to the article that I have read, if the government print many dollars; the value of the dollars will not become valuable and important. Many people will ignore dollars that is for sure.
sr. member
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September 30, 2017, 07:45:00 AM
https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Because if the government continuosly print dollars  the value of the money itself will decrease there must be a balance and there is a limit in printing dollars.
full member
Activity: 126
Merit: 100
September 30, 2017, 06:21:19 AM
If the goverment prints too much dollars , that goverment will raise the economics inflection, which no country want it happens. And when you borrow by USD you have to payback in USD . Then if you want to print other currency to exchange USD for payback. Who gonna buy those paper money for you ? Economics Debt is the big problem that every poor country have to overcome it.
full member
Activity: 406
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September 30, 2017, 04:46:31 AM
How do you feel that pounds are printed. If you know that secret you will turn out to be a wealthy gentlemen. So if you know how just do it bucks are simple to fake so that would not be difficult.
As a student of economics it is not so easy to print dollars or any other currency. The deficit of printing is that inflation will rise more and more and the purchasing power of the people of that country will fell down because of the vaue of their fiat currency. The more the paper currency printed the less the value will be. It is the rules of economics and you will have accept the nature of it.
newbie
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September 29, 2017, 02:04:15 PM
https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?
That's because countries have restrictions on printing notes except for the US. US will declare war if a country decides to print unlimited amount of its own currency,and this will affect the markets diversely and tremendously. And when countries borrow from other countries ,there will be circulation of foreign exchange all over the world.
hero member
Activity: 994
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September 29, 2017, 01:52:15 PM
https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

you cant do that for it will lose value thats the difference of a centralized currency the value is controlled
bitcoin is different
newbie
Activity: 37
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September 29, 2017, 04:11:04 AM
Now, when the government runs a budget deficit they are essentially “printing” bonds and adding them to the private sector.  This adds to the net financial assets of the private sector because the non-government sector has a higher net worth.  This can correctly be referred to as “bond printing”, but it is not the common way that people discuss “money printing” as is usually referred to in discussions about QE and Central Banking.
hero member
Activity: 728
Merit: 502
September 27, 2017, 07:42:41 PM
Well, that is precisely what happens.

Money is printed to avoid debt bankruptcy.
Bank corruption is the main issue using the printed dollars. Bitcoin is safe and easy to use I think much more than the dollar and the simple currency the price of the bitcoin is high now so! It is not only the currency but it is the investment and it is very good for the people who use it as the long time investment as well. So for me it is good to earn bitcoin than to print the dollars.
sr. member
Activity: 432
Merit: 250
September 25, 2017, 01:07:03 PM
print dollars to pay some debt? thats make inflation in the country, inflation is process that money distributed in the country is too much that make money value decreased, for example is now you can buy a drink with $2 if infaltion happen you can pay more for that drink maybe $3 or $4,
Maybe, he does not know the nature of the world's economy and finance. Not as you want to print more money and have not any problem or the price to pay. You have to remember, nothing is free and the FIAT also like that Wink
sr. member
Activity: 686
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September 25, 2017, 12:19:54 PM
Grin the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.org

and, it's real value !  Cheesy


You're right that bitcoin can't be printed when more is needed.

You're wrong that bitcoin has real value. The value is perceived because all of us place value upon it...just as we do fiat currency.

There is no tangible thing that supports the value of bitcoin, that can prove there is value to it.

There's no Gold, no Silver, no other tangible item that exists in the world...just the promise that only so much bitcoin can every be mined and that the validity of transactions and balances are verified by the community that uses it.

Every currency as we know it today as no value backing it. The bank basement full of gold is gone long time a good. Currencies as we know are no more than Debt titles.
That we believe will have value to trade for something. Bitcoin is the same but the trust base is not the state or government but a decentralized algorithm...
legendary
Activity: 2562
Merit: 1441
September 25, 2017, 12:10:27 PM
Compare the value and supply of cryptos.

Litecoin total number of coins that will be issued: 84 million.
Bitcoin total number of coins that will be issued: 21 million.
Dash total number of coins that will be issued: 22 million.

The reason litecoin's value is a fraction of dash's value could be litecoin's total supply being so much higher.

That's the issue with printing money. Greater supply typically equates to lower value.
full member
Activity: 294
Merit: 100
September 25, 2017, 11:37:10 AM
It is not as good as you think when priting more dollars. The inflation is the main reason of that and it will make the value of dollar less than it used to. For example, you can buy a bottle of beer with 1 dollar but if you print too much money, a bottle of beer will cost 2 dollar Wink

But the rise in price will not be a problem for the one who prints money to himself Grin We need only learn how to make very good copies so that no one can distinguish from the original.
hero member
Activity: 826
Merit: 501
September 25, 2017, 11:26:29 AM
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.
If there would be a lot of paper money that printed in the market it can be a result for fiat to lose its current and value becasue paper money and also bitcoin much depends it value by the law of price and demand. Where if there is more stock compare to the demand it will just simply results for it to lose its value.
member
Activity: 184
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September 25, 2017, 10:55:22 AM
and yes, if all people print the money than price of printer will be rise like gold. and all people will earn printer to be rich man
newbie
Activity: 24
Merit: 0
September 25, 2017, 10:22:52 AM
Well, that is precisely what happens.

Money is printed to avoid debt bankruptcy.
sr. member
Activity: 882
Merit: 258
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September 25, 2017, 10:10:49 AM
In order to print or make your own money you need to build an audience that will trust and accept it. Any tender legal or otherwise only has value because a certain group of people put value in it.
Exactly you can print money anytime but the question is would people support it? Before you make money there are many things to be consider, if its okay to your country, to the government and to the people who would going to used it. When your country have a growing economy I think its not that hard to make another type of money because surely it will be supported by lots of people in your country.
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