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Author Topic: Why not just print dollars?  (Read 29250 times)
rio3233
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August 17, 2016, 12:40:47 PM
 #281

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.
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August 17, 2016, 12:45:04 PM
 #282

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

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August 17, 2016, 03:02:47 PM
 #283

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
I think this is an unlawful act. all actions that can harm a person can be punished.
I better work harder than making money by way improper.

The US can print dollar unlimitedly as it has the strongest military power in the world. You have to lend it to them.
.

You have the right idea but you assign agency to a non-actor.  "The US" doesn't print money - people do.  And yes, people print them on military bases.  If you are the general of a large military base and you aren't printing dollars there on the base, you are a fool. 

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August 17, 2016, 05:51:57 PM
 #284

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

If they will print more dollar then there will be more supply which means its value will be lessen. Printing more dollars cause inflation.People will have more money so they can buy more things and then the demand will increase and in effect the sellers will increase their price and all other things will increase also which causes the inflation.That is why they cannot just print the dollars easily because it will have a big effect in the economy.



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August 17, 2016, 06:50:29 PM
 #285

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

If they will print more dollar then there will be more supply which means its value will be lessen. Printing more dollars cause inflation.People will have more money so they can buy more things and then the demand will increase and in effect the sellers will increase their price and all other things will increase also which causes the inflation.That is why they cannot just print the dollars easily because it will have a big effect in the economy.
Money always have an equal amount of gold reserves in the country whose currency they are. Therefore, you can print a lot of money, but because of their number may decrease their purchases of power. Ie the more paper money, the less product you can buy.
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August 19, 2016, 09:08:24 AM
 #286

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

If they will print more dollar then there will be more supply which means its value will be lessen. Printing more dollars cause inflation.People will have more money so they can buy more things and then the demand will increase and in effect the sellers will increase their price and all other things will increase also which causes the inflation.That is why they cannot just print the dollars easily because it will have a big effect in the economy.
Money always have an equal amount of gold reserves in the country whose currency they are. Therefore, you can print a lot of money, but because of their number may decrease their purchases of power. Ie the more paper money, the less product you can buy.

Where did you get this idea? The supply of money in a country is in no case tied to the gold reserves of this country. What you mean is called gold exchange standard (the gold standard variety), and it had been reigning in the 19th and early 20th centuries. But we are long past that point...

Money is mostly only digits today which are allegedly assumed to match the size of the economy

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August 19, 2016, 09:52:19 AM
 #287

Well, you know, printing dollars is illegal, but why risk printing dollars when you can get bitcoin Wink
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August 19, 2016, 04:17:09 PM
 #288

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.
fiat money is really nothing to be honest because federal reserve can easily print it how much they want, thats why im using bitcoins as much as possible

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August 20, 2016, 07:55:17 AM
 #289

There is a like a billion economical reasons why shouldn’t governments do that but the simplest reason would be that there would be a whole lot more cash in the market and the more cash there are in the World means the less it will worth.

Say you have 1 apple and you are hungry and someone came in and said he will give you 10 dollars for your apple, you would refuse it because you are hungry and you need it but if you have 1000 apples and hungry and someone says he would pay 10 dollars per apple you would sell like 990 of them.
Meaning the more cash there is , the less worthy it will have.

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August 20, 2016, 08:18:54 AM
 #290

There is a like a billion economical reasons why shouldn’t governments do that but the simplest reason would be that there would be a whole lot more cash in the market and the more cash there are in the World means the less it will worth.

Say you have 1 apple and you are hungry and someone came in and said he will give you 10 dollars for your apple, you would refuse it because you are hungry and you need it but if you have 1000 apples and hungry and someone says he would pay 10 dollars per apple you would sell like 990 of them.
Meaning the more cash there is , the less worthy it will have.

You would sell 990 apples out of 1,000 because the marginal utility of each of these apples for you will be close to zero. That is, after eating a few apples you satisfy your hunger, and you no longer need the remaining apples (they will just rot if you don't sell them all)...

As you can see, this has nothing to do with money altogether

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August 20, 2016, 07:10:02 PM
 #291

There is a like a billion economical reasons why shouldn’t governments do that but the simplest reason would be that there would be a whole lot more cash in the market and the more cash there are in the World means the less it will worth.

Say you have 1 apple and you are hungry and someone came in and said he will give you 10 dollars for your apple, you would refuse it because you are hungry and you need it but if you have 1000 apples and hungry and someone says he would pay 10 dollars per apple you would sell like 990 of them.
Meaning the more cash there is , the less worthy it will have.

This is only part of the picture.  If I issue a few trillion dollars in some private accounts (as people do), perhaps printing up a few billion in cash and storing them in my garage (as people do) this will NOT immediately affect the trade down the street at the grocery store in any way.   The people buying apples don't have keys to my garage, and the store owner also doesn't have the keys.  So, the price of apples STAYS THE SAME - despite that massive cash injection.  In fact it will take decades for enough of this cash to start circulating to affect prices.  

Because people claiming to be your government have shown they don't care very much about future prices, imagining that having cash in their garages is more important, they will continue to issue massive bank accounts and fill their garages with cash.  Business as usual, well not really usual but the last fifty years or so at least.

  

  


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August 20, 2016, 10:01:42 PM
 #292

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
This can be done in next years if software and hardware technology advances.
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September 07, 2016, 02:46:58 PM
 #293

Grin the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.org

and, it's real value !  Cheesy


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.
Because it is way to hard to try and fake Dollars you are going to get caught without a doubt if you do it to much.
There are some people that still do it but it is not a big thing under criminals anymore.
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September 08, 2016, 03:05:56 PM
 #294

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.
you cannot just print dollar though a federal reserve bank can print the money i think, though it is a really bad thing to be honest

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October 04, 2016, 06:28:43 PM
 #295

I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad
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October 05, 2016, 04:13:53 AM
 #296

I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad


Yeah the more the paper dollars are in the circulation of economy. It is going to make the inflation rate higher because people are not having hard time to get money. I'm just thinking about this too, but this is going to do something with the supply and demand. As the supply of dollars is going to be high. Then the demand is going to decrease and that is going to affect the economy.

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October 05, 2016, 04:27:34 AM
 #297

I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.

This is exactly when the money simply print, they are worthless. It would be a big inflation, and that's too bad


Yeah the more the paper dollars are in the circulation of economy. It is going to make the inflation rate higher because people are not having hard time to get money. I'm just thinking about this too, but this is going to do something with the supply and demand. As the supply of dollars is going to be high. Then the demand is going to decrease and that is going to affect the economy.
Look at exchange rates, look at purchasing power due to a devalued currency, there are a ton of things that happen and progress from an increased inflation rate. It is especially damaging to people who have money saved in things that don't gain value along with the market value, i.e. savings in a bank account. Having more dollars is a net-negative for the average person, yet is does encourage investing, so there are trade-offs.
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October 05, 2016, 05:33:56 AM
 #298

...

mookid

I see "SOS Venezuela" written on cars sometimes here (USA).

Chavez & Maduro have shown how to destroy a country with HUGE oil reserves.

Those huge oil reserves can potentially help you if you can sell oil with a high enough premium. Do you think Saudies will be happy if oil falls to 30$ per barrel (even if the cost of oil production in SA is around 10$)?

oil price was trading around the $30 per barrel for some time and went beyond that and the price wont go above $70 in the near future,i dont know whether the cost of oil production is around $10 !!! i dont think so it is true,the amount of money required to extract the oil is very much expensive,for the topic yes i do think the US government can print dollars just like that,i dont think they have any backing with gold like the majority does
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October 17, 2016, 02:54:12 PM
 #299

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
Yeah Bitcoin would then just become like the other currencies if they are going to diced to print there money. It would e better for them to just keep this.
Big changes can sometimes not be to good and it might ruin things.


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October 22, 2016, 09:34:56 PM
 #300

the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed

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