Why not just print dollars? - page 19.

saiha

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Strength in Numbers

Quote from: arcanaaerobics on October 23, 2016, 02:44:49 AM

Quote from: planfox on October 22, 2016, 05:34:56 PM

the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

Thank you!

If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works.

Well this is what I am thinking when I was younger to buy the paper / material that is being used for print money and I don't know what comes to my mind when I was 7 year old.

Maybe I am just dreaming to be a rich boy someday and don't need to work for it, that is printing money is not just we are thinking.

It is a heavy responsibility of a country to monitor it because it will make the economy affected.

tee-rex

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Quote from: PokerFace3 on October 23, 2016, 06:16:04 AM

Quote from: Flyyyy on October 23, 2016, 04:32:53 AM

Why not? can. Grin

But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.

This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that.

Printing excessive amounts of money is one of the ways to win a war. If a country is waging a war, the government often deliberately devalues the national currency, and historical evidence confirms this. The main reason behind such devaluations is to funnel as many resources on warfare as possible in the shortest available time. The government uses the newly printed money to basically expropriate valuable resources without actually going for forced massive expropriations that would quite naturally alienate population. How unpatriotic that might be everyone decides for themselves.

PokerFace3

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Quote from: Flyyyy on October 23, 2016, 04:32:53 AM

Why not? can. Grin

But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.

This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that.

Flyyyy

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Why not? can. Grin

But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.

mindrust

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Quote from: planfox on October 22, 2016, 05:34:56 PM

the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

Common sense says this but It is not like that for a long time. If what you said was right, then we would have 1 ounce of gold = 10k$, maybe 20k$ right now. But as you see, that's not the case. There is something very very wrong, appearently.

FED already printed huge amounts of money in the past and on the contrary of what common sense says, USD still gained value over everything in the end.

A mobile app, a website; if you wait long enough, (with a little bit of luck) can profit billions of dollars in a few years. There are too much money which shouldn't have existed in the first place.

Xester

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I remember it asking my mom why they would not just print paper money so that there would be no poor people. And she also do not know why. She just said that if that happens then people would be lazy, no more plans, goals, nor dreams to pursue since we can get what we want easily.

In technical aspects, I forget the reason why. I just knew that in every paper money that they will print there is a corresponding gold to be paid at that particular institution that manage the money circulation.

arcanaaerobics

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Quote from: planfox on October 22, 2016, 05:34:56 PM

the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

Thank you!

If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works.

Zadicar

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Quote from: xuan87 on October 22, 2016, 09:37:04 PM

Quote from: X-ray on October 22, 2016, 06:29:22 PM

Quote from: ecommerce on August 20, 2016, 06:01:42 PM

Quote from: cafucafucafu on August 01, 2015, 07:16:28 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?

This can be done in next years if software and hardware technology advances.

that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest

when I was younger i thought, why don't just print a lot of money so the country will be richer, but after i grow up, i knew that the more money the country print the less value it will become, so to keep the economic to steady US can't just act recklessly by printing more dollar, they need to make sure their currency to be strong so it still can become the international currency

The more marketcap the more would it be stronger and also USD is already been considered as one of the most powerful currencies on the world which is being used on trading other currencies and its already a major pair so its means its quite strong as of today.

MingLee

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Quote from: Shady on October 22, 2016, 10:07:16 PM

Bitcoin officially based everything around manufacturing products online in a secretive fashion because of anonymity filters.

In all honesty there's loads to gain that paper money won't offer. Yes there are banks...But nothing in comparison to how private internet a process payments.

No debit card or paper money is used for some purposes of Bitcoin, thus resulting in an extreme affair with digital assets.

It's probably been like that a majority of the time in the past and will continue to exist in that form for years to come. Digital assets and digital currencies will more often than not constantly be paired together more often than digital currencies and physical goods, and vice-versa.

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Life is a game, you either play it or get played.

Bitcoin officially based everything around manufacturing products online in a secretive fashion because of anonymity filters.

In all honesty there's loads to gain that paper money won't offer. Yes there are banks...But nothing in comparison to how private internet a process payments.

No debit card or paper money is used for some purposes of Bitcoin, thus resulting in an extreme affair with digital assets.

xuan87

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Quote from: X-ray on October 22, 2016, 06:29:22 PM

Quote from: ecommerce on August 20, 2016, 06:01:42 PM

Quote from: cafucafucafu on August 01, 2015, 07:16:28 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?

This can be done in next years if software and hardware technology advances.

that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest

when I was younger i thought, why don't just print a lot of money so the country will be richer, but after i grow up, i knew that the more money the country print the less value it will become, so to keep the economic to steady US can't just act recklessly by printing more dollar, they need to make sure their currency to be strong so it still can become the international currency

X-ray

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Quote from: ecommerce on August 20, 2016, 06:01:42 PM

Quote from: cafucafucafu on August 01, 2015, 07:16:28 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?

This can be done in next years if software and hardware technology advances.

that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest

olubams

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Quote from: planfox on October 22, 2016, 05:34:56 PM

the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

Same thing I always wondered when I was younger about countries going to borrow why not just print the hell of this currency but as I grow I started getting more and more convincing arguments about that. In addition to it losing value which is very bad, one of the characteristics of money is relatively scarce which will not be achieved when printing for everything needed couple with inflation when there is too much money in circulation. Another reason I have garnered is the cost of printing this currrwncy could actually be more than the value you are excpecting it might actually be cheaper to borrow...

planfox

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the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

praprata

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Quote from: GriffinHeart on August 02, 2015, 03:35:24 AM

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!

Yeah Bitcoin would then just become like the other currencies if they are going to diced to print there money. It would e better for them to just keep this.
Big changes can sometimes not be to good and it might ruin things.

DRaGoN RaNTaRo

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Quote from: tee-rex on August 03, 2015, 05:22:37 AM

Quote from: OROBTC on August 02, 2015, 03:46:46 PM

...

mookid

I see "SOS Venezuela" written on cars sometimes here (USA).

Chavez & Maduro have shown how to destroy a country with HUGE oil reserves.

Those huge oil reserves can potentially help you if you can sell oil with a high enough premium. Do you think Saudies will be happy if oil falls to 30$ per barrel (even if the cost of oil production in SA is around 10$)?

oil price was trading around the $30 per barrel for some time and went beyond that and the price wont go above $70 in the near future,i dont know whether the cost of oil production is around $10 !!! i dont think so it is true,the amount of money required to extract the oil is very much expensive,for the topic yes i do think the US government can print dollars just like that,i dont think they have any backing with gold like the majority does

MingLee

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Quote from: bhadz on October 05, 2016, 12:13:53 AM

Quote from: onelove2111 on October 04, 2016, 02:28:43 PM

Quote from: greBit on August 02, 2015, 02:19:09 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.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad

Yeah the more the paper dollars are in the circulation of economy. It is going to make the inflation rate higher because people are not having hard time to get money. I'm just thinking about this too, but this is going to do something with the supply and demand. As the supply of dollars is going to be high. Then the demand is going to decrease and that is going to affect the economy.

Look at exchange rates, look at purchasing power due to a devalued currency, there are a ton of things that happen and progress from an increased inflation rate. It is especially damaging to people who have money saved in things that don't gain value along with the market value, i.e. savings in a bank account. Having more dollars is a net-negative for the average person, yet is does encourage investing, so there are trade-offs.

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Quote from: onelove2111 on October 04, 2016, 02:28:43 PM

Quote from: greBit on August 02, 2015, 02:19:09 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.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad

Yeah the more the paper dollars are in the circulation of economy. It is going to make the inflation rate higher because people are not having hard time to get money. I'm just thinking about this too, but this is going to do something with the supply and demand. As the supply of dollars is going to be high. Then the demand is going to decrease and that is going to affect the economy.

onelove2111

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Quote from: greBit on August 02, 2015, 02:19:09 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.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad

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Quote from: rio3233 on August 17, 2016, 08:40:47 AM

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

you cannot just print dollar though a federal reserve bank can print the money i think, though it is a really bad thing to be honest

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