When I see this kind of questions, I understand why it is so easy for politicians to deceive the citizens.
I think it's should be our duty - in the meanwhile we are promoting bitcoin - to take any occasion to explain the basics of the economy.
In our own interest.
Topic: Why not just print dollars? - page 3. (Read 30063 times)
In order to print or make your own money you need to build an audience that will trust and accept it. Any tender legal or otherwise only has value because a certain group of people put value in it.
at the end of everything,still printing more than needed wasn't applicable,if we print more than what the circulation demands.the value of the currency will drop ans sooner will go.because everyone has money by overprinting.so better not to bother thinking about this.and lets just do our part here in crypto 
https://www.youtube.com/watch?v=wpW_KMHlAmo
Why borrow dollars and then pay back by printing them?
Why take the long way around?
Well, that is not how it goes. You can not just print money as many as the government wanted. It will break the balance of exchange, Printing of money depends on the gold or dollar reserves in the world bank. That is why normal currency is centralized and controlled by security and exchange laws. Production of physical money goes through a systemic process before it is done. Why borrow dollars and then pay back by printing them?
Why take the long way around?
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...)
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
I agree, but I supect that governments keep deliberately people in ignorance about economic topics.
As Hery Ford stated, if population understood econony, they would start immediately a revolution.
So, in the meanwhile I agree with you, I'm very skeptic about the real possibility this will happen.
Printing dollars or any kind of money has a corresponding consequences and facts you need to consider,for what i know the banks need same valued golds till they print the paper money (this is what my friend says and he is working on abank).But in short printing dollars carelessly will result to all negative
I think its not a nice thing to print dollars. If we all can print dollar. No people will farm our foods or work in factory or other business.
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...)
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
I agree, but I supect that governments keep deliberately people in ignorance about economic topics.
As Hery Ford stated, if population understood econony, they would start immediately a revolution.
So, in the meanwhile I agree with you, I'm very skeptic about the real possibility this will happen.
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...)
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
There is no sense to give an answer, moreover that other people have already explained what the problem would be..
But really, I think that school should be implement at least a basic economics course from the first year of learning.
...
There's an argument, that I have seen explored a little at Zero Hedge, that printing money would be better than taxation.
This is an exotic argument that I have not had a chance nor even the ability (yet) to properly wrap my brain around with it.
A first thought:
Eliminating taxation, of course, would likely anger the poor (they pay low taxes, except various consumption taxes). Envy and resentment would likely prevent this idea of eliminating taxation altogether.
* * *
I am already convinced that gold ought not be linked to currency (that is, no "Gold Standard"). A Gold Standard would function poorly IMO. Gold's best and highest value use is as a Store of Value.
Gold <> Money in that sense. Most define money as roughly filling three roles: Unit of Account, Medium of Exchange, and Store of Value. But, we are perhaps soon at the point of monetary failure, the US$ will not (cannot) fulfill those three roles of "money".
There's an argument, that I have seen explored a little at Zero Hedge, that printing money would be better than taxation.
This is an exotic argument that I have not had a chance nor even the ability (yet) to properly wrap my brain around with it.
A first thought:
Eliminating taxation, of course, would likely anger the poor (they pay low taxes, except various consumption taxes). Envy and resentment would likely prevent this idea of eliminating taxation altogether.
* * *
I am already convinced that gold ought not be linked to currency (that is, no "Gold Standard"). A Gold Standard would function poorly IMO. Gold's best and highest value use is as a Store of Value.
Gold <> Money in that sense. Most define money as roughly filling three roles: Unit of Account, Medium of Exchange, and Store of Value. But, we are perhaps soon at the point of monetary failure, the US$ will not (cannot) fulfill those three roles of "money".
Indeed printing money is a way of unavoidable taxation, but that tax is unevenly spread as cheap money favours the debtors over the lenders and that is something that most governments are not willing to accept.
Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
Yes, printing money without authorization of central bank is illegal or act of stealing and it makes you goes to prison, because every country's money represents the current assets of the country and it always be regulated by the central bank. Even the government cannot easily print money and give it to its people to make there life at ease for the reason that if all the people in a country has lot of money then the supply of goods will decrease because they already more capable of buying things so the demands is more increasing so the tendency is prices will goes more high.Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
Actually, who prints illegally money are just governments, because - as any economy student knows - it's a common way to put an hidden tax by rising inflation. Now there is more control from International Monetary Fund, but the temptation to print money to "solve" something is always present
Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
Yes, printing money without authorization of central bank is illegal or act of stealing and it makes you goes to prison, because every country's money represents the current assets of the country and it always be regulated by the central bank. Even the government cannot easily print money and give it to its people to make there life at ease for the reason that if all the people in a country has lot of money then the supply of goods will decrease because they already more capable of buying things so the demands is more increasing so the tendency is prices will goes more high. Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
I think that the more they print dollars the more they create their own debts and the value of the dollar will keep decreasing.
Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?
the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.organd, it's real value !
You're right that bitcoin can't be printed when more is needed.
You're wrong that bitcoin has real value. The value is perceived because all of us place value upon it...just as we do fiat currency.
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.
Oh, my eyes are watering
finally I saw a senior member of this forum saying that Bitcoin has no real value LOLThat may have been true at the beginning, but now it does have network value as you can exchange for many Alts that are backed up by real services.
Money is just paper now... Maybe we're bound to go back to some hard currency like golden or silver coins 
they suffer no inflaton)))
they suffer no inflaton)))
It seems that lot of people lack of the most basic economic concept!
The possibility to print money is exact the worst problem that fiat money has; everytime government print a dollar, all other lose a bit their value.
It's called inflation, and when it starts can be really devastating for the economy, as money becomes again what really is: just paper.
Please, study more.
The possibility to print money is exact the worst problem that fiat money has; everytime government print a dollar, all other lose a bit their value.
It's called inflation, and when it starts can be really devastating for the economy, as money becomes again what really is: just paper.
Please, study more.
In my Opinion, Printing dollars is so impossible because there are laws every country regarding money. That illegal to print paper money. Imagine that if we are just print money or dollars, we don’t have a worker. We don’t need to finish the education. Who will do our foods, building? Who will be the one help us if we are sick? If that happens, money will destroy everything it will have a significant effect on the economy.
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?
You can't just print them out you need to use some specific materials to print them , or should I say you cannot , and I know there is a sign that your dollar is not fake. And on the other hand that's why bitcoin is here though , to help us to be more easily because you can't and literally can't print them out.
If you're saying to print it by yourself, of course it's impossible for it is an illegal act. But if you're referring to a government, they still wouldn't just do that. Considering the law of supply and demand, if for example the government prints lot and lots of paper money, a huge percentage of population will have the capability to buy what they want. They will buy everything, and that's where their demand will burst up to the sky. As a result, there'll be a shortage in supply of goods and commodities. How will the market respond to this kind of situation? Simple as this, they will increase the prices of the commodities to provide sufficient funds to produce more products that the people demand. More money but prices also all went high. The purchasing power of money didn't changed at all
In a nutshell: More money, people's demand goes higher, market responds by increasing the prices, equilibrium is then again set.
In a nutshell: More money, people's demand goes higher, market responds by increasing the prices, equilibrium is then again set.
The systems on making money is quite slowly to produce. The production of money is not by what your desire to produce it is basis to the terms and condition of country's terms on making money. Generally every nation is required to make money not too much because of the precious gold and others to use. So I think printing dollars is not by just printing but all about following the rules. And in addition nation can do it but they are the one to reap the consequences.
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