Topic: Why not just print dollars? - page 21. (Read 30063 times)

Inflation is the thing that can ruin a country. Just look how the former leaders of Zimbabwe put that country to waste.
Their currency is worth nothing, and the people are suffering every day.

It's actually quite easy to see if it's fake.  Look for the words "US Dollar" or something similar written on the note , that's a clear indicator it's fake money. 

You are not going to be able to print money because they are going to get you with in no time so do not even try it.
You need to have some serious people around you if you want to even try it.

You are not going to be able to print Dollars it is a serious crime and you will need to know some serious people if you want to accomplish that.
You are just going to get your self caught because they can see it right away what is fake these day.

You cant print dollar whenever you want.  The main reason is that the more printed money in circulation, the more less value it will be.  So the government is just protecting the value of its currency.  Money-creation and growth in money supply is not bad in and of itself, but it must be based on economic fundamentals. If there is not a corresponding increase in the production of goods and services, then inflation will erupt, as too much money chases the same amount of goods and services and prices are bid up.

And blow its economy to smithereens in the process. In short, you can't just take and inflate your debt

In the US, the government does not have default on its debt. There is no need, it will just inflate away the debt.

If I remember the inflation rate for the USD is 0.85%, which is actually quite small. Compared to the Chinese Renminbi, which is at 2% inflation, and the Russian Ruble which is at 7.3% inflation, <1% inflation is not bad for a large superpower and developed country.

The US, if it really wanted to, could just default on a majority of it's debts in the worst, worst case. It wouldn't necessarily destroy the currency, free the American government, however it would definitely be rough for getting debt again in the future.

Printing dollars (or any other fiat) can decrease the value of that kind of money, just imagine the same with bitcoin (if people can generate more bitcoin besides the total of 21M bitcoins) then the bitcoin price would be decreased too much because the more coins are available the less the value will be.

he talks about the usa that prints the dollars and gets away with it easily and gets out of all the debts, thats why we have such a huge dollar inflation rate in my opinion

That is just a dumb thing to do to print Dollar you are going to get caught with in no time of you do not know what you are doing.
How are you going to do it is one you will have to have some serious connection to make it possible.

Welcome to currency wars, bro

i just had this discussion today at the office.  to print more of the current currency would mean that its value compared to other currencies would drop

if there still was a gold standard, each $1 bill should be worth $1 in gold, it is not the case anymore, but you get the idea.  so, if there is 1,000,000 dollar bills in circulation and 1,000,000 pounds of gold in the treasury, that means each dollar is worth a pound of gold

another country has 1,000,000 units and 500,000 pounds of gold, so their currency is valued at 1/2 pound of gold per currency unit

NOW, that means that we can buy two of their currency for one of ours, a good strong global economy, if we then print another million dollars and distribute it, our value becomes the same as theirs, 1/2 pound of gold per currency unit and our global number goes from 2 to 1 to 1 to 1, we lose global power and market control

imagine reality as just like that, but with the gold standard removed and the values based on global power factors, so if we print more money, we lose overall power in a global economy, if the world all agreed to do the same, if would be a meaningless gesture because the market value of goods would change to match the new currency distribution and we would make twice as much and spend twice as much

that is the basis of not printing our current currency, the previous guys made very valid points for a brand new currency summed up in the very old phrase, "everything is worth what someone will pay for it."

this is funny! you realize that dollar wont be oppress by bitcoin and even if dollar disappear
they will just make another currency. bitcoin is not a currency for a country so it is best to become
a alternate currency. and besides dollar becoming digital will be problematic too.

I guess you misinterpret what OP want to say. Op is not saying that printing dollars illegally but referring to the government on why they just print them and pay their debt to other country.

I think that it's not easy for them to just print money, because printing a lot of it will definitely affect the economy and the value of dollar will decrease due to supply and demand.

Printing Dollars is just a dumb thing to do because many people have tried it and you are not going to get away with it. Plus the risk is to great you will go to jail if you get caught. I rather work for real money then producing fake money and getting caught.

Happy to say that , Bitcoin is International digital currency and as digital banking system the paper money will be valueless. Bitcoin no need to print on paper, with in next few years the paper money destroy by bitcoins we can hope that. 

How would you like to print dollars. It is not that you just can buy a printer machine and whola you can print some billets. This machine who is printing dollars is a secret you wont get that in your hands at all so dream about it.

The OP is not talking about printing dollars privately and illegally. He's talking about how the treasury is selling their bonds to the central bank, and thus creating currency into existence.

I think the point is to deceive people about this fact. The fact that they are inflating the currency supply. They don't want people realising.