Topic: Why not just print dollars? - page 23. (Read 30043 times)

print dollars will not solve the poverty.

You should also pay taxes with the USD (or with some other fiat, for that matter). If you pay half of your income back, this is a good support, whether you like it or not

That's actually not how it works anymore. The USD is not backed by anything except the faith that you'll be able to buy something with your dollars the next day. The Federal Reserve could print as much money as they wanted and not have to worry about it. You are right, though, they won't print another trillion dollars because it would seriously devalue the currency and leave the US in a worse economic state than it is in currently.

No economy can print money as per their wish. It has to be backed by some asset.

For dollar, it is backed by gold. The more gold USA will have, the more dollar they can print.

If they start printing dollars as per their own wish, the dollar will become the weakest currency of the world. So it can't be done.

How would you know about those who did actually get away with "printing" their own dollar bills? Do you also not know that the US dollar is just the second to the British pound which is most often counterfeited between major currencies? The Swiss frank is the most secure currency out there...

Bombers returning home had no damage in the cockpit and engines. How come? Wtf, they just didn't make it back

Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it.
Just earn your money the right way, that feels allot better.

It's not about printing money as a private person but printing dollars by the federal reserve. Which makes the dollars that existed before worth less...

Well its simple. Money, fiat is just a tool for system. Before when gold or silver was behind money it was ok. There needs to be money equal to goods, so if you have more of one then another its inflation or deflation. Well system make all this calculations in their economy books. You can read read there more better explanations if you wish. I dont like economy, this system wish us to be slaves.

Lol just print dollars. You don't know what you're saying that's to illegal. There are allot of ways
to make allot of money but just printing them is not an option. There are people who're doing it but not many.

Printing more money would erode the value, or even worse, make a currency worthless. Imagine having to spend a thousand dollars just for a can of Coke? There has to be a backing of some sort, like gold, for money to be printed. It is flawed, we know, but as long as it doesn't crash global economy, we would just repeat the process over and over again.

Quite the contrary. Supply of new money not matching the expansion of economy will lead to deflation. How can it stimulate further growth?

It will actually hamper it

As long as the printing of the fiat is lower than the economy growth, it will stimulate growth. But it is not the case.

absolutely right, it will create a flat and make the value of the dollar to fall. I think the dollar also had more capacity is determined each year to maintain the balance of the price

You cannot print real Dollars people have already tried that and it did not end in success. There is a reason why you cannot make your own money because there will not be any balance if everyone just would just print money.

The days of simple economics are long gone. Now it is financial economics where things are not what they had been before, and more money out of the printing press may not end up with what simple economics tells you. If the newly printed money doesn't enter the real sector (which simple economics implicitly assumes as all other sectors are minuscule and subservient under its premises), the outcome may be quite contrary to what you might expect...

Enter the financial capitalism

Which goes back to the problem of fiat lol.

The form of fiat is endless printing with no limitations.. but its problem itself is fiat.

This would be the "easy" way for the US to repay it's creditors - but it would be an absolute breach against the rest of it's society. This is why the government has launched excessive rounds of Quantitative Easing, to "ease" more money out of their printing press in a gradual manner so as not to cause blatant disruption to the world's financial system. But whether or not this disruption ends up being blatant or not - it's STILL going to occur.

Simple economics dictates that each time MORE money is printed into existence, the pre-existing supply loses value unless there is EXTREME demand for that particular currency... If there is no demand, then increased supply often leads to inflation.

So, literally, by "just printing more money" into existence to pay off their creditors, the government is literally stealing from the US public by destroying the value of their money. Hence Quantitative "easing...." the Dollar is losing HUGE amounts of value, but at a rate so slow that the masses aren't likely to notice. This is known as 'creeping normality' which refers to the way a major change can be accepted as the normal situation if it happens slowly, in unnoticed increments, when it would be regarded as objectionable if it took place in a single step or short period.

The government knows exactly what they are doing when it comes to their management of national debt. It is actually a very simple process... it's just that administering the remedy that will rid the US of it's debt requires for the government to absolutely fleece it's citizens, and destroy the vast wealth that the united states has built over the last couple of hundred years. So they are doing everything in their power to delay this. But eventually - it WILL happen. Regardless of how fast, or slow.

And this is the bitter pill that most of the US public are soon going to be forced to swallow

Very few currencies are printed with the backing of gold. You cannot exchange the currency into gold directly.

Most currencies were printed with the backing of gold. When it is printed without any backing it makes the currency value down.

It was my favorite question when i was child. But now i realize that the amount of money should not exceed the gold reserves. Bitcoin in this case much better.