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Topic: Why not just print dollars? - page 8. (Read 30063 times)

sr. member
Activity: 644
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October 16, 2017, 04:23:08 PM
Printing more money doesn't solve the economic problems of a country, on the other hand it makes the economy plunge and we can see this in the economy of Zimbabwe in Africa where people use truckload of a money just to buy a single fish this has lead to the government redonominating their currency several times.
member
Activity: 106
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October 16, 2017, 04:04:25 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?
You can't print money whenever you want it is not like bitcon. And you can't print miney without a such materials that is needed to make a paper money. It is not bitcoin that if you want it anytime you can get it rigjt away and there is an individual who controlll the release of papee money not like in bitcoin, you have a freedon to own a big amount.
member
Activity: 252
Merit: 10
October 16, 2017, 03:21:54 PM
If the governments or central banks of the countries starts to print dollars, they face an incredible inflation in prices of gods.The maintenance is almost nothing for its value today. Maybe bitcoin is not that easy I'm real world yet. Everybody will have their bank and if it happens then what to regulate and how to regulate the market
legendary
Activity: 2044
Merit: 1115
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October 16, 2017, 01:30:26 PM
The answer to this question is simple. Inflation.

Inflation will happen if we just print paper money to pay debts because the money supply will increase. And and as the money supply increases, its currency value then decreases. Simple economics. Now would you rather pay the debts in a long way or pay your bills, consumer goods and everything in a very spiked up price? Everything needs to be balance and so is the money supply in order to have a good economy.

In addition, US treasury only decides when to print money. Federal reserves control the supply creating interest rates. Economy play an important role here, if the supply of money increase, the interest will be lower and businesses will increase because of lower interest. Spending will be more frequent. Just like you said, it was simply inflation.

This is not entirely true. Most money creation comes from the fractional reserve banking system, which the Fed can influence on a macro level with policy, but does not control on a micro-level. Because banks only have to hold 10% of their deposits and can lend the rest (thus creating more money), it is essentially the demand for loans which increases the money supply; banks are just a willing instrument on the supply side, since a bank cannot expand the money supply without someone who desires to take out a loan. This is a healthy function of an expanding economy, since the taking of a loan is confidence that the borrower will create more value than the loan is made, thus enabling him to pay it back with interest.
newbie
Activity: 56
Merit: 0
October 14, 2017, 11:55:08 AM
That is what I am pondering before, if you will print a lot more funds no particular person will be poor.  Every person can try to eat something they want.   No one will be homeless.  No 1 will be hungry.  But wealth is not created by just printing cash, it is only represented by it.   When our governments do print much more funds, we will have an  inflation.  And I heard just before that each and every money that you print there is a corresponding price for it. 
sr. member
Activity: 770
Merit: 268
October 13, 2017, 01:32:36 PM
Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.
Correct. If inflation needs to be control then there needs to be some kind of fiscal policy, monetary policy etc. Implementing these kind of policies helps in keeping tAB on inflation. However main problem is when a country accepts loan based development model then debt ridden economy is bound to get into trouble. Thus on macro level staying away from debt-oriented schemes as much as possible will definitely help.
It is important to cure the cause of the problem not the symptoms of problem.
full member
Activity: 182
Merit: 100
October 13, 2017, 01:05:12 PM
Living in high inflation countries sucks for the people. The system only benefits those are the very top. I really hope cryptocurrencies arrive to change this.
newbie
Activity: 28
Merit: 0
October 13, 2017, 12:53:12 PM
Effectively, you know, printing pounds is unlawful, but why danger printing bucks when you can get bitcoin
sr. member
Activity: 457
Merit: 262
October 12, 2017, 10:08:25 AM
Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.

Right now, the same thing is happening in Venezuela. Just check these pictures:



^^^This is the amount of currency needed to purchase a mobile phone.

And the situation is same in some other countries, such as Somaliland. Check this:

newbie
Activity: 33
Merit: 0
October 12, 2017, 09:58:33 AM
Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.
full member
Activity: 672
Merit: 127
October 12, 2017, 09:51:58 AM
The answer to this question is simple. Inflation.

Inflation will happen if we just print paper money to pay debts because the money supply will increase. And and as the money supply increases, its currency value then decreases. Simple economics. Now would you rather pay the debts in a long way or pay your bills, consumer goods and everything in a very spiked up price? Everything needs to be balance and so is the money supply in order to have a good economy.

In addition, US treasury only decides when to print money. Federal reserves control the supply creating interest rates. Economy play an important role here, if the supply of money increase, the interest will be lower and businesses will increase because of lower interest. Spending will be more frequent. Just like you said, it was simply inflation.
newbie
Activity: 56
Merit: 0
October 09, 2017, 08:33:05 AM
Bitcoin formally primarily based every little thing all around producing products on the internet in a secretive fashion because of anonymity filters.In all honesty there's loads to gain that paper money won't offer you. Sure there are banking companies...But nothing at all in comparison to how non-public web a process payments. No debit card or paper funds is used for some functions of Bitcoin, hence ensuing in an excessive affair with digital belongings.
hero member
Activity: 1036
Merit: 500
October 09, 2017, 01:39:09 AM
In fact you are chatting about bitcoins which is yet to occur all more than the world and if it happens it will lessen kf commodities to a huge lengthen and every thing will be cashless.
There are maximum chances of at least developed countries for going cashless since most of the developed countries have made bitcoin legal for international transactions and common use. Developing countries are mostly following the steps of developed ones, so probably sooner or later they are also going to make bitcoin legal. Bitcoin has the strength of making us go cashless.
newbie
Activity: 25
Merit: 0
October 09, 2017, 12:38:34 AM
Government continuously prints money in mystery from the people. And then claims that the large level of inflation
sr. member
Activity: 2366
Merit: 332
October 07, 2017, 04:22:41 PM
One can not print because the state has made some exercise illegal and so doing such would amount to a crime. Going by the social contract theory, the populace have given their right in unison to the government in return for better protection and welfare and so, one can't print because it is a role that has been put to the jurisdiction of the government to provide and so going contrary to the social contract would be crime more or less.
newbie
Activity: 49
Merit: 0
October 07, 2017, 03:31:22 PM
I bear in mind it inquiring my mom why they would not just print paper cash so that there would be no inadequate men and women.  And she also do not know why.  She just explained that if that happens then men and women would be lazy, no far more ideas, ambitions, nor desires to go after since we can get what we want simply.In complex facets, I overlook the reason why.  I just knew that in each and every paper cash that they will print there is a corresponding gold to be paid at that particular institution that deal with the income circulation.
full member
Activity: 182
Merit: 100
October 07, 2017, 05:59:48 AM
dollars yes fixed dollars still the basic material for dollars that paper so easily in fake and the price will not increase drastically and if mawu invested or in the tube still will not produce too much. not the same as the cryptocurrency which if in the tube or in the investment has a high value
full member
Activity: 266
Merit: 100
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October 07, 2017, 05:53:20 AM
Maybe because taking the long way around is the most legal and proper way of handling these things
newbie
Activity: 28
Merit: 0
October 06, 2017, 05:10:36 AM
If we emit or print too much money, it would not have any value, so all goods and services will be expensive and one won't have enough money for his needs. The rates of inflation will be high and it will have a negative effect on the world community
newbie
Activity: 52
Merit: 0
October 05, 2017, 07:45:05 PM
the more income is printed, the less they are worth. You can not just print money. Their value must be significantly less than the confirmed
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