"Printing money, excessively" is like young teen boys exaggerating the size of their dicks?
They might get away with it initially. Eventually, reality has a way of catching up?
Economic stats like unemployment and economic growth always remind me of kids exaggerating how big it is.
Topic: Why not just print dollars? - page 18. (Read 30063 times)
There were numerous incidents in the past when one government had been counterfeiting the money of another government.
There were many rumors about foreign governments counterfeiting US $100 bills in the late 2000s (supposedly China and some others)
which lead up to the re-design of the bill in 2009/ 2010.
Even if it costs $50 to print a high-quality fake, you are still essentially doubling your money.
If it were possible to print money so simply, the work would not make any sense and would bring less pleasure. would be chaos in the world began.
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
You are talking nonsense things. The government can not always print the money because they scare about the inflation. If the percentage of inflation is too high, the nation's ecosystem will collapse. And I do not believe that there are many country which are developing the digital Fiat system since the government do not like digital currency You are right, I have heard only about two countries where they are trying to develop their national crypto currency. And I'm sure that the government does this only in order to reduce the interest of users in bitcoin.
The technology of money production always works to outstrip the work of a counterfeiter
In order to reproduce modern money you need very complex and expensive equipment. Between the layers of paper you need to thread a metal thread. Printing is carried out on presses of high pressure. Even if you have a sponsor who has enough money to buy such equipment, the manufacturer will most likely not sell it if you do not have a license to produce securities
In order to reproduce modern money you need very complex and expensive equipment. Between the layers of paper you need to thread a metal thread. Printing is carried out on presses of high pressure. Even if you have a sponsor who has enough money to buy such equipment, the manufacturer will most likely not sell it if you do not have a license to produce securities
Unless this counterfeiter is the government themselves
There were numerous incidents in the past when one government had been counterfeiting the money of another government. Obviously, in the latter case you could well expect the quality of the counterfeit bills to be quite on par with the genuine bills. There were rumors circulating in the 90s that the CIA had been deliberately counterfeiting the US dollars to finance terrorists in the Caucasus during Chechen wars. Quite naturally, they didn't want these dollars back in the US and (allegedly) made a few changes in these dollars to distinguish them from the real ones
The technology of money production always works to outstrip the work of a counterfeiter.
In order to reproduce modern money you need very complex and expensive equipment. Between the layers of paper you need to thread a metal thread. Printing is carried out on presses of high pressure. Even if you have a sponsor who has enough money to buy such equipment, the manufacturer will most likely not sell it if you do not have a license to produce securities.
In order to reproduce modern money you need very complex and expensive equipment. Between the layers of paper you need to thread a metal thread. Printing is carried out on presses of high pressure. Even if you have a sponsor who has enough money to buy such equipment, the manufacturer will most likely not sell it if you do not have a license to produce securities.
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
You are talking nonsense things. The government can not always print the money because they scare about the inflation. If the percentage of inflation is too high, the nation's ecosystem will collapse. And I do not believe that there are many country which are developing the digital Fiat system since the government do not like digital currency Bitcoin can't be printed when more is needed.
Because bitcoin is mined. If more is needed, then you mine it.But bitcoin has no real value, but nevertheless there is market.
Just like fiat money. It's basically just paper. Nevertheless, it has a market and people give it value.There is no tangible thing that supports the value of bitcoin, that can prove there is value to it.
And so is fiat money. It's not backed by gold anymore. You legit can't prove that there's value to it to. Yet, here we are.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.
Same goes for fiat. The only real value of fiat is that if you give it to someone in exchange of an item, he wouldn't claim that you "stole" the item but you "bought" it. But basically you just handed a valueless paper.But may be we ll have any crypto coins in future which would be proofed by something else. Probably existing of such coin would have good future!
I guess? A cryptocurrency that is backed by something real and can be exchanged right away. There's not one up to now, why do you think so? I think it's because it's hard to implement.
It's impossible to just print money. Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy.
Bitcoin can't be printed when more is needed.
But bitcoin has no real value, but nevertheless there is market.
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.
But may be we ll have any crypto coins in future which would be proofed by something else. Probably existing of such coin would have good future!
Bitcoin can't be printed when more is needed.
But bitcoin has no real value, but nevertheless there is market.
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.
But may be we ll have any crypto coins in future which would be proofed by something else. Probably existing of such coin would have good future!
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth
In reality there is no need to secretly printing money. Why? Because money, called fiat, is not linked in physical reserves like as silver and gold. Last time USD was linked with gold (a.k.a gold standard) was until Aug 1971 when USA broke up Bretton Woods agreement, Nixon shock, and ceased to convert the dollar value to gold. There after, when we listen or read that Fed "prints money" actually means that adding credit to its member banks' deposits https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842
Yes, it is a fact, I've heard about it for a long time. But I do not agree with such actions of the government. The currency of each country must be supported by something, and provided material means.
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth
In reality there is no need to secretly printing money. Why? Because money, called fiat, is not linked in physical reserves like as silver and gold. Last time USD was linked with gold (a.k.a gold standard) was until Aug 1971 when USA broke up Bretton Woods agreement, Nixon shock, and ceased to convert the dollar value to gold. There after, when we listen or read that Fed "prints money" actually means that adding credit to its member banks' deposits https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth
I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
Government constantly prints money in secret from the people. And then says that the high level of inflation
Do you have any proof for this outrageous claim? There are audits performed on the banknote printing by multiple agencies several times a year. It is simply not possible to print money in secret.
I think there are only 3 countries in the world with printing authority and the means for it and if you think your country is printing your currency then you are just wrong, you didn't think that the giants of cash would allow anyone to print money in their basements did you?
Each country only designs the looks of their money and pays a fee to UK & USA and asks nicely to print their money for them, while people simply ignore the huge advantage of bitcoin which is giving freedom to every individual and enabling them to print their own money.
Each country only designs the looks of their money and pays a fee to UK & USA and asks nicely to print their money for them, while people simply ignore the huge advantage of bitcoin which is giving freedom to every individual and enabling them to print their own money.
Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value
I'm curious how long you are going to repeat this nonsense
Money in today's economies is created mostly by commercial banks (as well as destroyed), not by central banks themselves (though Central banks still keep the monopoly of printing paper bills and minting coins). They can regulate how much money commercial banks are able to create by employing different financial policies aimed either at expanding money supply or contracting it (e.g. through interest rates, reserve requirements where applicable, etc), but this has nothing to do with gold reserves of the country
Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value.
Government constantly prints money in secret from the people. And then says that the high level of inflation
How the government print money?If that so,why they are still borrowing money from the bank.I just thought why just i could print money on my own so that i can have money that easy.Talking about dollars about printing,i hope i can do that,so that i dont have to work hard just to earn money , just print many dollars. 
Government constantly prints money in secret from the people. And then says that the high level of inflation
Actually you are talking about bitcoins which is yet to happen all over the globe and if it happens it will decrease kf commodities to a large extend and everything will be cashless.
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