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Economy => Economics => Topic started by: Fullbear2222 on December 29, 2022, 02:02:21 PM



Title: People have learned about money printing
Post by: Fullbear2222 on December 29, 2022, 02:02:21 PM
Many peoole belive now it's not their own actions but Money printing.
So AS i do and my kids and family
I say we dont have money becouse no money printer brrrrr
So many people now check the Fed and central Banks If they print they are Active If not printing they dont do nothing much.
We have learned to blame money printer :)
It's not our own skills or actions but likely money printer.

So money printer brrrrr we are happy If not then sad and unhappy.
I told to my kids that we cant buy new toys or betterfood becouse Money printer been swiched off.

Kids learning early about money printer so they Will know.

Now we just LET it all go down becouse we cant do nothing we just wait for money printer.
Now you can tell your landlord Also that money printer or off so no reason to pay anything.

Money printer on or off this is our life nothing else dont matter


Title: Re: People have learned about money printing
Post by: franky1 on December 29, 2022, 02:22:28 PM
you make so many topics about how central banks have stopped printing money..

they have not. they just reduced how much money they print

banks still create mortgages for people, so printing is still occurring.
just not to the extent of the QE level of 2020-2021


Title: Re: People have learned about money printing
Post by: dansus021 on December 29, 2022, 02:30:26 PM
you make so many topics about how central banks have stopped printing money..

they have not. they just reduced how much money they print

banks still create mortgages for people, so printing is still occurring.
just not to the extent of the QE level of 2020-2021

Yep in fact the government will never stop printing money no matter what. Oh I also have other fact that "The US printed more than $3 trillion in 2020 alone. "

that crazy right https://www.depledgeswm.com/depledge/the-us-printed-more-than-3-trillion-in-2020-alone-heres-why-it-matters-today/



Title: Re: People have learned about money printing
Post by: Darker45 on December 30, 2022, 01:13:37 AM
LOL! I have also read similar posts all over social media about how lives have become harder because of that brrrrr. But we ordinary mortals are more or less helpless about it. We can complain all we want, but we're mere pawns in this game. Well, at least there's Bitcoin. It's resistant to the kinds of abuses those powerful people up there are doing with fiat, but even Bitcoin's price reacts to how governments do their thing. So, I guess we just have to hustle hard and smart while we're still breathing. At the end of the day, we can't just tell our landlord that we can't pay the rent because of that brrrrr.


Title: Re: People have learned about money printing
Post by: Hispo on December 30, 2022, 01:25:38 AM
you make so many topics about how central banks have stopped printing money..

they have not. they just reduced how much money they print

banks still create mortgages for people, so printing is still occurring.
just not to the extent of the QE level of 2020-2021

Sometimes I wonder if ever the United States' Federal reserve will ever meet its annual goal of 2% of inflation ever again.
As someone who had lived through triple figures annual inflation, it is concerning to see how people in America do not see to be aware that each year that pass they are closer to dishing the 100$ bill as the highest denomination and print a new one.

In my opinion, they should not have gotten for 2% but try to go 0% or 0.5%. But I assume they needed that looseness.


Title: Re: People have learned about money printing
Post by: adaseb on December 30, 2022, 05:11:06 AM
If there is some massive credit event. Say some large bank like Credit Sussie goes bankrupt it can send shockwaves in the economy. Similar to the Lehman crash.

Then economy will be weak. People out of jobs. Fed will have to cut rates and most likely stimulus will be back again. And the entire cycle will keep repeating every few years. Might even get double digit inflation because of this.


Title: Re: People have learned about money printing
Post by: franky1 on December 30, 2022, 06:22:57 AM
As someone who had lived through triple figures annual inflation, it is concerning to see how people in America do not see to be aware that each year that pass they are closer to dishing the 100$ bill as the highest denomination and print a new one.

when you go to the grocery store
you see weekly changes in price deals of 20-50%

you see housing prices double in a decade (200%)
people have just gotten so used to the volatility of the consumer market that they no longer see it

they only see it when their beloved fox news and CNN point to it. otherwise they dont see it.

here in the UK its the same
i can go into 2 grocery stores on the same day and see price differences in goods of 20%. same product same brand. 2 different prices.. it immunises and sanitises peoples minds of concern. where they stop caring

in the last 20 years
i remember
2 litres of milk £1
uk fuel costs 70p a litre
electric 13p/kw
cheapest road worthy second hand car £300
house price £60k
mountain/town bicycle £70

now a bicycle is £140 (200%)
now a house is £180k (300%)
cheapest second hand car £900(300%)
electric is 39p/kw(300%)
uk fuel £1.45 a litre it went to £2 this summer (200%)
2 litres of milk £2 (200%)

thats 10-15% a year every year

while media talk about "10% in 2022 due to russia"
we have seen every year be 10%. and our milk, bikes, fuel, housing did not come from russia

we are only now crying about 10% inflation because the BBC and ITV news is talking about it, like beating us over the head about it

we have never been at 2% so the question of "will things ever go back to 2%.. the answer, when was it ever 2%..

UK government knew about the UK gas and oil industry making profits by raising prices of UK produced energy, but with lame russian excuse for the raise. they even gave incentive to uk energy to keep doing it with the windfall tax even before priced rose. they knew energy companies will profit.
yet the government then also started more money printing and throwing stimulus packages at people.
yep people were being given 2x alotments of £325 plus 2x£150 to cover "cost of living increases"

they dont want things to be 2%
they just know they were going above the 10% norm. and didnt want a recession of -X% to get back to norm after the covid stimulus died out, so they had to keep the money flowing by just keeping the money printing going


Title: Re: People have learned about money printing
Post by: Moneyprism on December 30, 2022, 06:32:22 AM
Many peoole belive now it's not their own actions but Money printing.
So AS i do and my kids and family
I say we dont have money becouse no money printer brrrrr
So many people now check the Fed and central Banks If they print they are Active If not printing they dont do nothing much.
We have learned to blame money printer :)
It's not our own skills or actions but likely money printer.

So money printer brrrrr we are happy If not then sad and unhappy.
I told to my kids that we cant buy new toys or betterfood becouse Money printer been swiched off.

Kids learning early about money printer so they Will know.

Now we just LET it all go down becouse we cant do nothing we just wait for money printer.
Now you can tell your landlord Also that money printer or off so no reason to pay anything.

Money printer on or off this is our life nothing else dont matter

and you can't do anything about it .. so what you teach your child is not important and it is better to teach him about how to manage his finances compared to teaching him about the theory of money printing because it is much more useful for his age now and in the future


Title: Re: People have learned about money printing
Post by: maydna on December 30, 2022, 11:12:54 AM
We don't need to blame anyone because that's also useless. We should teach our children how to manage their finances so that they will not be affected by the bad consequences that may later occur in their adult era. This is one way to survive in the future because our future children may face those difficult times. And if we can prepare them by teaching them many useful things for their life, we don't need to worry too much because they can survive a difficult situation. Let what is happening right now keep happening because we also can't stop it, but we can still prepare everything for our families so they can survive.


Title: Re: People have learned about money printing
Post by: Zilon on December 30, 2022, 11:50:01 AM
One thing about blame game is the more we keep blaming, the less we find solutions because we focus our result and economic growth on the government. And as long as these sets of greedy persons remains in office, money printing will never end and the price of commodities keep skyrocketing. As long as fiat remains legal tender, money printers will remain valid in their duties, and there will be nothing the poor masses can do to correct that. It is either we teach our kinds the consequences of money printing and show them the long-standing solution present in Bitcoin or they come in and continue from what we are passing through.


Title: Re: People have learned about money printing
Post by: AicecreaME on December 30, 2022, 12:08:13 PM
Government and central banks can't print money all of the time, because it will affect the economy, what I mean is too much money circulating in the economy could trigger inflation, and the other way around. In order to gain a lot of cash, you are the one responsible, if I'm not mistake, because parents should be the one earning money to provide their kids needs and wants, not the fiat printer.


Title: Re: People have learned about money printing
Post by: yhiaali3 on December 30, 2022, 12:23:43 PM
Government and central banks can't print money all of the time, because it will affect the economy, what I mean is too much money circulating in the economy could trigger inflation, and the other way around. In order to gain a lot of cash, you are the one responsible, if I'm not mistake, because parents should be the one earning money to provide their kids needs and wants, not the fiat printer.
Why can't they? Who will stop them?

Theoretically they know that printing more paper money will lead to inflation and money losing value, but they can't stop, it's like drug addiction whenever they suffer from economic problems the more money they print even though they know the disaster.

We saw this happen in Venezuela and in many countries as well. You need a cart to transport money to buy some daily groceries. This is very disgusting!!!


Title: Re: People have learned about money printing
Post by: bestcoins1 on December 30, 2022, 12:47:16 PM
'''Snip'''

and you can't do anything about it .. so what you teach your child is not important and it is better to teach him about how to manage his finances compared to teaching him about the theory of money printing because it is much more useful for his age now and in the future
I agree with the suggestion that you said, although if it is explored in more detail, in fact the two theories are equally useful to study. But I agree more that OP can be able to teach the child to make money and manage money better. Not printing via a printer like people make photos and then print them via a printer.

Because printing money carelessly also has a big risk because it can be considered as counterfeit money and even in some countries if someone is caught counterfeiting money, he can be subject to crime and there are special penalties for people who do this.


Title: Re: People have learned about money printing
Post by: Marvell1 on December 30, 2022, 01:09:26 PM
Government and central banks can't print money all of the time, because it will affect the economy, what I mean is too much money circulating in the economy could trigger inflation, and the other way around. In order to gain a lot of cash, you are the one responsible, if I'm not mistake, because parents should be the one earning money to provide their kids needs and wants, not the fiat printer.
Why can't they? Who will stop them?

Theoretically they know that printing more paper money will lead to inflation and money losing value, but they can't stop, it's like drug addiction whenever they suffer from economic problems the more money they print even though they know the disaster.

We saw this happen in Venezuela and in many countries as well. You need a cart to transport money to buy some daily groceries. This is very disgusting!!!

They are not addicted, but they have no better solution. During the covid 2020 pandemic, if the government does not print more money to save the economy and save people, then I think you cannot live until now. We all know the consequences are great, but we hardly have a more effective solution. But this year, they are trying to fix everything, that is raise interest rates, which also causes some pain, and the people who suffer are none other than the people.

You should not compare corrupt and stupid governments like Venezuela with other governments. Many governments are still doing very well in controlling inflation.


Title: Re: People have learned about money printing
Post by: hugeblack on December 30, 2022, 01:28:17 PM
Most people do not care about printing money, but what made them feel that is its impact, as inflation of 1% to 2% is something that most people cannot notice or feel because the effect is very slow, but when we talk about inflation of 10% to 40% annually, then the Most salaries and incomes will be severely affected, and people will start to think about the reason. Random printing of money is one of the reasons for that inflation.

So people did not recognize the printing of money only after a sense of inflation.


Title: Re: People have learned about money printing
Post by: so98nn on December 30, 2022, 03:03:45 PM
I don’t think anyone really cares about money printing. There is note press in my city from where I pass at least 4-5 times a day but nothing comes on my mind because I’m seeing that note press since my childhood. All I hear or see how highly guarded it is and how an employee coming out of it feels prestigious with high paid job and government schemes. That’s all mate.

How many people might be thinking about how much money is getting printed? Everyone cares about how much we got and how much we can spend.

People know about money printing but people don’t care about it. We can’t do anything about it.


Title: Re: People have learned about money printing
Post by: Hydrogen on December 30, 2022, 03:05:22 PM
Quote
Conditions of degeneration in the organic world are approximately known. These conditions are often of two distinct kinds, deprivation of food, light, etc. so leading to imperfect nutrition and enervation; the other, a life of repose, with abundant supply of food and decreased exposure to the dangers of the environment. It is noteworthy that while the former only depresses, or at most distinguishes the specific type, the latter, through the disuse of the nervous and other structures etc. which such a simplification of life involves, brings about that far more insidious and through degeneration seen in the life history of myriads of parasites.

-Patrick Geddes (biologist/sociologist)


I have seen the above quotation used to define negative trends of inflation in economics.

Decreased exposure to dangers present with inflation and other negative economic trends, reduce the human self defense mechanisms necessary to address said trends. The regression can extend so far as to result in degeneration of organisms in nature. The same precedent might also apply to people. We lose many of our social and cultural adaptations when decreased exposure to dangers, causes us to believe them no longer necessary. Its an interesting point to consider.



Title: Re: People have learned about money printing
Post by: ilovealtcoins on December 30, 2022, 04:24:11 PM
I don’t think anyone really cares about money printing. There is note press in my city from where I pass at least 4-5 times a day but nothing comes on my mind because I’m seeing that note press since my childhood. All I hear or see how highly guarded it is and how an employee coming out of it feels prestigious with high paid job and government schemes. That’s all mate.

How many people might be thinking about how much money is getting printed? Everyone cares about how much we got and how much we can spend.

People know about money printing but people don’t care about it. We can’t do anything about it.

We cannot intervene or prevent the government from printing money, but if we are concerned, we have many ways to avoid the unfortunate problems caused by money printing such as inflation. Once someone knows this, they won't keep too much money in the bank and instead look for other investments like gold or bitcoin. That's what we can do to avoid rampant government money printing.


Title: Re: People have learned about money printing
Post by: Hispo on December 31, 2022, 01:00:25 AM
As someone who had lived through triple figures annual inflation, it is concerning to see how people in America do not see to be aware that each year that pass they are closer to dishing the 100$ bill as the highest denomination and print a new one.
...
they dont want things to be 2%
they just know they were going above the 10% norm. and didnt want a recession of -X% to get back to norm after the covid stimulus died out, so they had to keep the money flowing by just keeping the money printing going.

I have read lately about how rough things are getting in the United Kingdom during this winter, hopefully it is just temporal.
Also, I also have inflation memories but mine are obviously different from yours. I am Venezuelan, a few years ago we experimented such a high inflation that prices doubled in a week and there were some occasions merchants increased the prices of goods while people stood in lines to pay for them.

You know, I assume that in the incoming years your country and the USA won't adopt policies to get negative annual inflation, so they can protect the integrity of their currency in long term, which is sad and it is another reason decentralized currencies are necessary.

Some years in the future we could realize how we will be paying up to 100$ for a simple pizza.


Title: Re: People have learned about money printing
Post by: uneng on December 31, 2022, 01:25:15 AM
I love your "becouse" expression. ;D

People don't care about money printing because they weren't taught to care about it by their families, school or the media. The truth is that most people don't know how the economy of a country works, they simply do their daily tasks, study and execute what they have learned for 4-5 years on the university for a living. Yes, graduated people don't know how economy works. If they have money on their pockets and if they can afford a confortable lifestyle it will be fine. If their wages aren't enough anymore, they will blame the government and politicians of the country, but never the economical measures adopted and practiced there.


Title: Re: People have learned about money printing
Post by: Gyfts on December 31, 2022, 09:22:31 PM
Government and central banks can't print money all of the time, because it will affect the economy, what I mean is too much money circulating in the economy could trigger inflation, and the other way around. In order to gain a lot of cash, you are the one responsible, if I'm not mistake, because parents should be the one earning money to provide their kids needs and wants, not the fiat printer.
Why can't they? Who will stop them?

Theoretically they know that printing more paper money will lead to inflation and money losing value, but they can't stop, it's like drug addiction whenever they suffer from economic problems the more money they print even though they know the disaster.

We saw this happen in Venezuela and in many countries as well. You need a cart to transport money to buy some daily groceries. This is very disgusting!!!

Politicians won't hesitate to spend money that isn't theirs to make their problems go away. In the case of money printing, all this is doing is borrowing from a future generation of workers that have not even been born yet in order to create economic stimulus short term, while completely ignoring any long term consequences.

No one would suggest that the government is so incompetent that they would be unaware of negligent conduct. They know what they're doing, they just don't care. They'll be out of office by the time the consequences of their economic policy impact the citizens.


Title: Re: People have learned about money printing
Post by: Smartvirus on December 31, 2022, 10:49:50 PM
I am not making a lot of sense out of the OP.
Are you in anyway saying, the number of notes printed or not printed results in inflation or deflation which in turn reflects badly on our economy, causing a lot of chain reactions that can result in the suffering of a people... is that it?

I hope am on point with that.
Possibly, that might result but, where do we place hoarding in all these... definitely, that's a factor that can reduce the money in circulation.  In my nation, there is a printing if new notes in place and we hear politicians are now paying most of there staff in cash as a result of hoarded money.

With that been said, printing g of notes doesn't really reduce the suffering if a people or makes the economy better. Not like, these money were going to be shared to everyone. You've still got to work, offer a service, sell some product and more. That's how to survey in which ever economy.


Title: Re: People have learned about money printing
Post by: MarjorieZimmermanGinger on January 01, 2023, 06:05:47 AM
I have seen the above quotation used to define negative trends of inflation in economics.

Decreased exposure to dangers present with inflation and other negative economic trends, reduce the human self defense mechanisms necessary to address said trends. The regression can extend so far as to result in degeneration of organisms in nature. The same precedent might also apply to people. We lose many of our social and cultural adaptations when decreased exposure to dangers, causes us to believe them no longer necessary. Its an interesting point to consider.
And it seems we have to go back to an era where food and light must live naturally, I am a person who has always been against organic fertilizers and I am an environmental activist who loves growth in anything that exists on earth, now we are in an era of adaptation that is less sensitive towards social and cultural values, so that the degradation of life is no longer taking care of and helping each other.

The fact is that the source of food is produced from fertile nature, then where is the land used now?

Technology seems to destroy everything, but in function it doesn't?

Culture and social values continue to diminish, because people no longer have sensibilities?

If people are able to maintain food sources, it is certain that inflation can be suppressed, because the one that has the most impact on the recession is only the fulfillment of food, because this sector is a vital tool for the country's travel and also part of its stability, how many countries are short of food and in the end they were attacked by recession and deflation in succession, thus making the economy unstable and on the verge of bankruptcy. I don't want to go into other areas, but for me the source of food is a vital tool that must be maintained.


Title: Re: People have learned about money printing
Post by: Leviathan.007 on January 01, 2023, 07:16:57 PM
If there is some massive credit event. Say some large bank like Credit Sussie goes bankrupt it can send shockwaves in the economy. Similar to the Lehman crash.

Then economy will be weak. People out of jobs. Fed will have to cut rates and most likely stimulus will be back again. And the entire cycle will keep repeating every few years. Might even get double digit inflation because of this.

I think with the way they follow and how they are printing more money for the banks to somehow make the situations better in their own way, they are just making the situation worst and in our economy world elements like fed by the USA are strongly cashing mt markets and all the governments of USA can do, because the know after the recent economic crisis they could resolve any problem but they are just crashing the market with their useless solutions like printing more money.