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Topic: Why not just print dollars? - page 5. (Read 30063 times)

full member
Activity: 184
Merit: 100
Bitcoin lovers <3
December 03, 2017, 01:06:18 AM
you can not print dollar. The inflation will destroy everything. The inflation is the most dangerous thing on this planet. just look at Zimbabwe and Venezuela, they are results of the inflation. People are hungry and they do not have food. Too much money can create a massive riot and everything may collapse. Try to understand more about the economy. If it is easy, the government will do that for a long time. Never think that you are smarter than the government
full member
Activity: 448
Merit: 122
December 03, 2017, 12:44:19 AM
Before you print paper money like dollars and the rest there are some material which are needed and also their are rules to obey. You can just wake up and start printing currency it will be term as illegal printing and it will result to fake currency.
So in doing so government incorporation with the central bank operate base on legal framework and tradition of money printing.
full member
Activity: 434
Merit: 100
December 03, 2017, 12:38:13 AM
Printing more dollars means lessening its value. That is why some country prevent doing it because basically it affects the economy status and might bring them big problems such as deflation.
member
Activity: 200
Merit: 10
November 28, 2017, 04:05:17 AM
If the dollar would get printed it wouldn't have much value to it. They would be able to keep on printing with low cost to it. Meaning that the value of the dollar would go down...

Bitcoin is really having great potential of being the next world strongest currency and I am sure it is soon going to replace dollar and other paper money from the face of earth in short time especially from that of developed countries. There is no need to waste money on eth because it is totally dependent on bitcoin for its prices. You should indeed invest as much as you can in bitcoin for better future.
newbie
Activity: 13
Merit: 0
November 27, 2017, 07:38:53 AM
"Printing cash, exceedingly" is much like young teen kids fueling how big their cocks?They might pull it off at first. Eventually, actuality has a means of catching up?Financial stats like joblessness and economic growth always remind me of kids exaggerating how big it is.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 25, 2017, 12:59:48 AM
Im my country (Venezuela) the government coerce the central bank to print money for them.
Because if we print dollars without permission the government it is illegal. We know the value of dollar is high. But if you want to paid dollar, you just work for it. Because in this world, everything is risky. But if you always positive, make things legal. Everything will good happen. 
Printing dollars is very illegal like you said and it is against the law and you will be in the jail for a lot of years and you will surely pay something in for the fine. We don't have the equipment to print dollars because the government really keep those strictly so i think that even you will try it is not really possible.
sr. member
Activity: 672
Merit: 250
November 24, 2017, 06:51:54 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?
If you have the time to sites the economy about the money and it's relation between stock and demand you will know why the government or any other organizations that have the rights to print dollar doesn't do that. In the sense that if there are more dollar or print dollars for people to used , the immediate result is the decrease of its value becasue the circulation of currency or fiat will affect the Vale where people can used money more that it should receive.
full member
Activity: 238
Merit: 101
November 24, 2017, 06:30:08 PM
Im my country (Venezuela) the government coerce the central bank to print money for them.
Because if we print dollars without permission the government it is illegal. We know the value of dollar is high. But if you want to paid dollar, you just work for it. Because in this world, everything is risky. But if you always positive, make things legal. Everything will good happen. 
full member
Activity: 546
Merit: 100
November 24, 2017, 04:39:08 PM
If we just print dollars, How we will survive for everydays life. There are a raised question. How we eat ? If people don't need to farm and fishing because printing dollars is easy and they don't need to work hard for money. So why we have government to control our economics in able to live fair.
Well we cannot  print dollar for our selves because it is a government property and and printing dollar is really prohibited only the central bank and the government has a capacity to do or make dollar.why?because dollar is sailed by the government to be valid to use by consumers and it is the way of the government to make controll on thier economy movement .
Well, That's right every country has a control of their money because the money of each country represents the country's economic status and all has been controlled and regulate by its central bank. Printing Dollars with our own is strictly prohibited that is sounds like a money laundering and it is all considered as fake money.
hero member
Activity: 1134
Merit: 500
November 24, 2017, 04:31:59 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?
Usually to print money, you must have some assets of value that are reflected in the amount of money that you want to print, for example for 1 mil dollar the government must have some gold reserves.
hero member
Activity: 672
Merit: 500
November 24, 2017, 01:32:03 PM
If the dollar would get printed it wouldn't have much value to it. They would be able to keep on printing with low cost to it. Meaning that the value of the dollar would go down...
full member
Activity: 237
Merit: 100
November 23, 2017, 10:09:46 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?

It will just lessen the value of the dollar. Unofficial printing of dollar is a federal offense and it can have some serious criminal charges if you are caught.
member
Activity: 112
Merit: 10
November 23, 2017, 08:32:41 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?
Printing fiat is like printing documents on paper. But the thing is, for it to have value, it has to be equated with gold or something precious that is equivalent to the bill.
hero member
Activity: 2926
Merit: 640
November 21, 2017, 03:26:05 AM
Print more and more dollars will lead to the inflation and those present dollars will lose their price for real. So it's not just easy print more and more dollars like you said, you have to make a look at the market and economics. Printing dollars only happen when there was a lack of money for trading in the market.
Funny, you can’t print dollars. If it was easy, everybody would leave their job and just buy the machine to start print dollars whenever they need it. So since it’s impossible, no one can do it then. I don’t know if you have ever heard of what is a counterfeit? Any money that is not being printed by the central bank of the country is recognized as counterfeit. Originals are the ones that being printed by the central banks and you can tell the difference between it and the counterfeit.
sr. member
Activity: 686
Merit: 253
November 20, 2017, 05:29:06 PM
If that's possible what the use of having liability. The value of dollar will soon get lower than half the current valiue. Not only dollar, none of the paper money can be printed of the own without any backing. This is against the law as well this will completely keep themselves into negative thoughts.

Yes , you cannot eat you cake and have it back, the more  you print you are weakening its strength and inflation will also rise and crash your economy in due time if the right measures are not put in place. Its not just about printing m,ore money but about regulating the economy to make the money flow.
member
Activity: 230
Merit: 10
November 20, 2017, 04:39:14 PM
If that's possible what the use of having liability. The value of dollar will soon get lower than half the current valiue. Not only dollar, none of the paper money can be printed of the own without any backing. This is against the law as well this will completely keep themselves into negative thoughts.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
November 20, 2017, 04:33:36 PM
Just like in bitcoin, if the supply is lesser it's more valuable. And if the Central Banks are keep on printing dollars or any of their currency, they will be burned by the inflation. There is also strict regulations about printing dollars, you just can't do it as you desired.  Grin

For some reason your comment made me realize how messed up fiat is in that in many ways it is the same as Bitcoin, how over time, people lose fiat, it gets destroyed, and you would think the value would therefore increase, but for some reason it does the opposite, which does not make any sense whatsoever aside from the fact that they print more and more every day.

It's totally messed up and that's why they can't just keep on print again and again unless they will demonetize other bills and reproduce a new one. There will be a replacement of it if they want to supply new for their country but if there's no opposite movement to make it balance while printing more, things in the economy will get worst.
sr. member
Activity: 1596
Merit: 335
November 19, 2017, 12:46:04 AM
https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

The thing is all the money around the world are auditted by the government and the banks. They cannot just print dollars or any kind of money, because it will not be balanced with the incoming and outgoing money in a country. This is why we cannot just print.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
November 19, 2017, 12:25:22 AM
Printing too much paper money in one country will cause inflation that may affect the people in it. See what happen in zimbabwe. They printed paper worth 100 trillion pesos and lower amounts. It causes hyperinflation that affect the countrymen. Now because bitcoin has a fixed amount of only 21M, it will not cause inflation into the people because they can't mine more than 21m anymore.
sr. member
Activity: 357
Merit: 250
November 18, 2017, 09:51:45 PM
Dollars, like bonds, are liabilities of the U.S. government. It doesn’t matter to the government if the world holds $19 trillion in bonds and $1 trillion in cash, or $20 trillion in cash - it still costs the government nothing in real resources to create money (or bonds) and spend. And we haven’t borrowed in any real sense of the word since we were on the gold standard, when bond issuance was necessary.
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