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Author Topic: Why not just print dollars?  (Read 26123 times)
Emitdama
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February 02, 2016, 11:58:44 AM
 #181

Printing money causing bubble to grow more and more
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.

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February 14, 2016, 09:16:23 AM
 #182

Printing money causing bubble to grow more and more
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.



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February 14, 2016, 09:28:10 AM
 #183

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.


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February 14, 2016, 09:46:48 AM
 #184

The Fed and European Central Bank have printed load of money. That inflate the asset price and cause the recent trouble.

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February 14, 2016, 10:16:06 AM
 #185

https://www.youtube.com/watch?v=wpW_KMHlAmo

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.

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February 14, 2016, 01:55:28 PM
 #186

Because money is backed by a certain amount of gold the country has. Just printing money would make the dollar lose its value.

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February 14, 2016, 02:04:35 PM
 #187

https://www.youtube.com/watch?v=wpW_KMHlAmo

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.

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February 14, 2016, 02:07:46 PM
 #188

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.






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February 14, 2016, 02:48:45 PM
 #189

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.

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February 14, 2016, 03:00:54 PM
 #190

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.





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Laosai
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February 14, 2016, 03:06:38 PM
 #191

https://www.youtube.com/watch?v=wpW_KMHlAmo

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...

Dekker3D
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February 14, 2016, 03:12:43 PM
 #192

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 Smiley

blackbird307
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February 14, 2016, 03:34:26 PM
 #193

I don't think they can just print money. There has to be something behind them. Something to back them up. Like gold or something.

Laosai
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February 14, 2016, 03:39:29 PM
 #194

I don't think they can just print money. There has to be something behind them. Something to back them up. Like gold or something.

No there is nothing. They can just print it if they want. The only thing backing them is the trust of the markets in the USA system that's all. No gold or anything like that.

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February 27, 2016, 05:23:15 PM
 #195

If you print more dollars, people will lose confidence in the money, so the money will be useless.



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onlinedragon
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February 27, 2016, 05:26:20 PM
 #196

How more dollars you print how less they got worth. Some country's have fiat totally worthless because they started printing more and more each day.

sishendaoye
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February 27, 2016, 05:56:03 PM
 #197

How more dollars you print how less they got worth. Some country's have fiat totally worthless because they started printing more and more each day.

Yes inflation will make the currency less and less worthy. Investors would abandon your currency because it's not stable.
Then you have short term gain, but a long term lose.
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February 27, 2016, 09:46:07 PM
 #198



End game for printing money; Gresham's law sets in, everyone saves the "good" money and gets rid of the "bad" (in this case, the one which lost just about all its value), nobody wants the "bad" money anymore since it buys virtually nothing even at large amounts.  Same thing happened in Germany last century, as well as other places.  Leads to instability, to put it lightly; loss of faith in the bloodline of the nation is a loss of faith in the nation itself.

Printing dollars works for a little while.  Then it doesn't work at all.  And by that I mean, over a long-term period, it doesn't work at all, as it leads to an overall loss.  Lots of people get affected by this transfer from the individual to the collective (in this case the state), particularly those who don't take interest in these matters.  Poverty skyrockets, as well as crime, and so forth; just imagine a situation where your money doesn't buy you anything and businesses (the organized problem-solvers) flee; it's pretty severe.  In the end it manages to concentrate a large portion of wealth into the central planners, which acts similarly to an addictive drug preventing them from stopping that which is harmful to all.  You're pretty much left with a dictatorship, e.g. Nazi Germany, which is little more than the flames waving over the nation as it burns down to embers (whereupon it can start over.)

Borrowing can help retain the value of the national currency, which doesn't have the same effect of watering down the printed currency since Joe Schmoe keeps his purchasing power (at least more of it than he would've with printing money alone), but you are still expected to pay back what you owe at some point down the line.  Once the people of the borrowed-from nation start to buckle under some sort of economic turmoil and expect back what's rightfully theirs (plus interest), conflict ensues (esp. if the borrowing nation cannot pay back at all): so long stability and prosperity.  In the case of two ~equally strong nations, this can incite war; in the case of one nation being considerably stronger than the other, this can cause the weaker state to become subjugate to the stronger state (the EU/Germany and Greece being one such example.)  It's even possible for this conflict to occur within the nation itself, e.g. the nation's constituents and its own banks, and between businesses.  It's possible between any two organizations.

Neither of them are preferable, IMO.  It's better to just not spend more than what you have; it's better to have savings just in case, rather than borrowing or printing every time something goes wrong--imagine living that type of lifestyle in one's own household, it becomes apparent quick why it doesn't work out.  But so long as one nation has the opportunity and willingness to get an early and ephemeral lead of power and influence over the other nations, it's a trend that will likely continue, for other nations must follow suit lest they be left to buckle under the influence of another.  So everyone's in this nasty spiral of borrow and print to spend spend spend, gotta beat the other guys.

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February 28, 2016, 02:09:48 AM
 #199

I remember tme whan i was paying 60000 for packet of cigarettes i have milions sometimes in my jeans  happy time money have been worth nothing
You will spend much more on paint and paper than you will print
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February 28, 2016, 02:13:31 AM
 #200

Because, if you keep printing dollars the currency will get inflated. Then there will be wars, etc.

There is only going to be a certain number of goods, but you can print currency infinitely.
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