Topic: Why not just print dollars? - page 25. (Read 30063 times)
Aren't the fed just print money and feed the major financial institutions. They're probably wishing they could do it to bitcoin as well
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Easy question. Who's getting 90% of the money in the world? The banks. Who finances the president of USA? The banks. Who controls the world? The banks.
If the USA just prints dollars, well everything is cool and the country goes on while investing in what matters. And banks? They get nothing.
If the USA first borrows the banks and then print dollars, the banks get 6% of the USA debt.
Nothing else. Just the banks.
Basically just This.
Thanks. Most people don't understand that.
In EU, the central bank lends to other banks which will then lend to states. Difference is central bank lends at 0.5% and banks lends to state at up to 14%. And yet people don't understand why we should burn the bankers alive...
It is same like the demand to the availability chain. If one starts printing his own currencies without any commodity as the backing the production of dollars will be high, which makes it loss its value. So currencies are mostly printed based on the gold they have.
That statement is completely incorrect.
It is same like the demand to the availability chain. If one starts printing his own currencies without any commodity as the backing the production of dollars will be high, which makes it loss its value. So currencies are mostly printed based on the gold they have.
Because money is backed by a certain amount of gold the country has. Just printing money would make the dollar lose its value.
Money is not backed by any gold since the gold standard ended.
Fiat money is backed by nothing but promises.
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Easy question. Who's getting 90% of the money in the world? The banks. Who finances the president of USA? The banks. Who controls the world? The banks.
If the USA just prints dollars, well everything is cool and the country goes on while investing in what matters. And banks? They get nothing.
If the USA first borrows the banks and then print dollars, the banks get 6% of the USA debt.
Nothing else. Just the banks.
Basically just This.
Because money is backed by a certain amount of gold the country has. Just printing money would make the dollar lose its value.
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Easy question. Who's getting 90% of the money in the world? The banks. Who finances the president of USA? The banks. Who controls the world? The banks.
If the USA just prints dollars, well everything is cool and the country goes on while investing in what matters. And banks? They get nothing.
If the USA first borrows the banks and then print dollars, the banks get 6% of the USA debt.
Nothing else. Just the banks.
The Fed and European Central Bank have printed load of money. That inflate the asset price and cause the recent trouble.
As we know the cash money is printed every time and often because it is a material which can be destroyed easily, but doing this the value of a dollar decreases as we know.
Printing money causing bubble to grow more and more
until it burst..We must go back to gold standard!
until it burst..We must go back to gold standard!
The money printing by the FED through QE has created the oil price bubble. It is bursted now, taking down the world economy with it.
When the oil price drops, oil companies are in trouble. They cannot repay the loans to the banks. Banks are also in trouble.
Printing money causing bubble to grow more and more
until it burst..We must go back to gold standard!
until it burst..We must go back to gold standard!
if more money is printed, there will be inflation, the same thing why bitcoin bitcoin from year to year due to the high price limited amount of bitcoin.
Freedom is most precious!
Think twice when you are gambling, money you can loose and earn if you are free.
When you are behind a bars you could easily become somebody's bitch!
Think twice when you are gambling, money you can loose and earn if you are free.
When you are behind a bars you could easily become somebody's bitch!
i think that is a good idea by printing money but if everone can print a money im sure no one will work again..
everyone will busy in printing money and money has no value...its why printing money doesnt allowed...
everyone will busy in printing money and money has no value...its why printing money doesnt allowed...
they probably print more based on inflation, if the inflation per year is low enough, they will print more, knowing that they have margin, otherwise they stop
this year inflation seems a bit higher than the last year, which was the lowest since 2010
i think that is a good idea by printing money but if everone can print a money im sure no one will work again..
everyone will busy in printing money and money has no value...its why printing money doesnt allowed...
everyone will busy in printing money and money has no value...its why printing money doesnt allowed...
If you want to call it control, that's fine. Then yes, you have to give up control of the money when you deposit it in the bank. That's inherent in the action and plainly obvious, the same as when you put down any object you were previously holding, you have given up control over it until you pick it back up. Originally, you were talking about "rights." Giving up control (if that's how you want to distinguish it) and giving up rights are not the same. I only took issue with the concept that you give up your right to your money by putting it in the bank. You don't. You do give up control until you withdraw it.
Yes, I was. Given that you can hardly share control over money with someone else (in a strict sense), isn't it, well, right to consider control over something as an integral part of your rights over it? Rights are not something abstract, they are what you can do with or to a thing...
For example, use it, profit by it, sell it (or otherwise get rid of it), etc
I understand your point on a philosophical level, but I draw a hard distinction between your right to your money and your control of it. I only view a "right" as something that originates under the rule of law, but control is simply the ability to move it. You can cede control over money without sacrificing any legal ownership claim to it. I think both of the points we were making actually work in tandem.
My whole point was that the idea of right is not something elemental which can't be further reduced to its constituent elements. On the contrary, these elements (property-rights regimes) can be separated from each other, i.e. bestowed or waived independently in real life...
But then again, I'm not a lawyer
If you want to call it control, that's fine. Then yes, you have to give up control of the money when you deposit it in the bank. That's inherent in the action and plainly obvious, the same as when you put down any object you were previously holding, you have given up control over it until you pick it back up. Originally, you were talking about "rights." Giving up control (if that's how you want to distinguish it) and giving up rights are not the same. I only took issue with the concept that you give up your right to your money by putting it in the bank. You don't. You do give up control until you withdraw it.
Yes, I was. Given that you can hardly share control over money with someone else (in a strict sense), isn't it, well, right to consider control over something as an integral part of your rights over it? Rights are not something abstract, they are what you can do with or to a thing...
For example, use it, profit by it, sell it (or otherwise get rid of it), etc
I understand your point on a philosophical level, but I draw a hard distinction between your right to your money and your control of it. I only view a "right" as something that originates under the rule of law, but control is simply the ability to move it. You can cede control over money without sacrificing any legal ownership claim to it. I think both of the points we were making actually work in tandem.
No real money exists any more, its just numbers, and don't forget this debt can never be repaid.
What a fkn scam
What a fkn scam
The problem is not with money itself, whether it is fiat or whatever else. Money failure is most often a failure by way of corruption, abuse, or just plain stupid mismanagement...
The fiat money is simply more prone to these vices
the good thing about bitcoin is that it is totally under our control, supervision and management and not the corrupt bureaucratic bodies.
Suppose you have a cake. You hand out tickets to people so they can each get a piece. If you hand out a thousand tickets, either you're going to have to slice the pieces very, very thin, or a lot of people are just going to have worthless tickets. If you hand out just two, each person can have quite a bit of cake. The value of the tickets, then, depends a lot on how many you hand out.
That's basically what money is. It's a promise to pay from the government. You get the money and you can trade it with people in that country for stuff. And just like with the cake, if suddenly tons of people have money, either the money ends up being worth very little or most of the people with money get nothing for it.
A good example of this from history was Germany in 1922. Faced with a sagging economy and forced to pay massive debts as reparations for World War I, the government started printing money as fast as they could to meet these demands. Paper mills and printing presses were LITERALLY running as fast as they could night and day. Over a period of six months or so, the value of the German mark dropped 3.7 MILLION times! What you could once buy for a mark now cost four million marks. People literally lugged around suitcases full of money to pay bills. Absolutely crazy stuff.
That's basically what money is. It's a promise to pay from the government. You get the money and you can trade it with people in that country for stuff. And just like with the cake, if suddenly tons of people have money, either the money ends up being worth very little or most of the people with money get nothing for it.
A good example of this from history was Germany in 1922. Faced with a sagging economy and forced to pay massive debts as reparations for World War I, the government started printing money as fast as they could to meet these demands. Paper mills and printing presses were LITERALLY running as fast as they could night and day. Over a period of six months or so, the value of the German mark dropped 3.7 MILLION times! What you could once buy for a mark now cost four million marks. People literally lugged around suitcases full of money to pay bills. Absolutely crazy stuff.
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