Bitcoin Forum
December 12, 2024, 12:37:08 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
  Print  
Author Topic: Why not just print dollars?  (Read 30067 times)
Zadicar
Legendary
*
Offline Offline

Activity: 1540
Merit: 1025


DGbet.fun - Crypto Sportsbook


View Profile
October 23, 2016, 06:28:21 AM
 #301

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.
that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest
when I was younger i thought, why don't just print a lot of money so the country will be richer, but after i grow up, i knew that the more money the country print the less value it will become, so to keep the economic to steady US can't just act recklessly by printing more dollar, they need to make sure their currency to be strong so it still can become the international currency

The  more  marketcap  the  more  would it be  stronger and  also USD  is already been considered  as  one of the  most   powerful currencies  on the  world  which  is  being  used  on  trading  other currencies and  its already a  major pair  so its means  its quite strong as  of today.

arcanaaerobics
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
October 23, 2016, 06:44:49 AM
 #302

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

Thank you!

If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works.
Xester
Hero Member
*****
Offline Offline

Activity: 994
Merit: 544



View Profile
October 23, 2016, 06:51:25 AM
 #303

I remember it asking my mom why they would not just print paper money so that there would be no poor people.  And she also do not know why.  She just said that if that happens then people would be lazy, no more plans, goals, nor dreams to pursue since we can get what we want easily.

In technical aspects, I forget the reason why.  I just knew that in every paper money that they will print there is a corresponding gold to be paid at that particular institution that manage the money circulation.
mindrust
Legendary
*
Offline Offline

Activity: 3472
Merit: 2547



View Profile WWW
October 23, 2016, 08:12:36 AM
 #304

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

Common sense says this but It is not like that for a long time. If what you said was right, then we would have 1 ounce of gold = 10k$, maybe 20k$ right now. But as you see, that's not the case. There is something very very wrong, appearently.

FED already printed huge amounts of money in the past and on the contrary of what common sense says, USD still gained value over everything in the end.

A mobile app, a website; if you wait long enough, (with a little bit of luck) can profit billions of dollars in a few years. There are too much money which shouldn't have existed in the first place.

▄▄███████████████████▄▄
▄███████████████████████▄
████████▀░░░░░░░▀████████
███████░░░░░░░░░░░███████
███████░░░░░░░░░░░███████
██████▀░░░░░░░░░░░▀██████
██████▄░░░░░▄███▄░▄██████
██████████▀▀█████████████
████▀▄██▀░░░░▀▀▀░▀██▄▀███
███░░▀░░░░░░░░░░░░░▀░░███
████▄▄░░░░▄███▄░░░░▄▄████
▀███████████████████████▀
▀▀███████████████████▀▀
 
 CHIPS.GG 
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
███▀░▄░▀▀▀▀▀░▄░▀███
▄███
░▄▀░░░░░░░░░▀▄░███▄
▄███░▄░░░▄█████▄░░░▄░███▄
███░▄▀░░░███████░░░▀▄░███
███░█░░░▀▀▀▀▀░░░▀░░░█░███
███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░██
▀███
░▀░▀▄██▀░▀██▄▀░▀░██▀
▀███
░▀▄░░░░░░░░░▄▀░██▀
▀███▄
░▀░▄▄▄▄▄░▀░▄███▀
▀█
███▄▄▄▄▄▄▄████▀
█████████████████████████
▄▄███████▄▄
███
████████████▄
▄█▀▀▀▄
█████████▄▀▀▀█▄
▄██████▀▄▄▄▄▄▀██████▄
▄█████████████▄████████▄
████████▄███████▄████████
█████▄█████████▄██████
██▄▄▀▀▀▀█████▀▀▀▀▄▄██
▀█████████▀▀███████████▀
▀███████████████████▀
██████████████████
▀████▄███▄▄
████▀
████████████████████████
3000+
UNIQUE
GAMES
|
12+
CURRENCIES
ACCEPTED
|
VIP
REWARD
PROGRAM
 
 
  Play Now  
Flyyyy
Full Member
***
Offline Offline

Activity: 195
Merit: 100



View Profile
October 23, 2016, 08:32:53 AM
 #305

Why not? can. Grin But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.

PokerFace3
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
October 23, 2016, 10:16:04 AM
 #306

Why not? can. Grin But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.
This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that.
tee-rex
Hero Member
*****
Offline Offline

Activity: 742
Merit: 526


View Profile
October 23, 2016, 06:20:29 PM
 #307

Why not? can. Grin But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.
This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that.

Printing excessive amounts of money is one of the ways to win a war. If a country is waging a war, the government often deliberately devalues the national currency, and historical evidence confirms this. The main reason behind such devaluations is to funnel as many resources on warfare as possible in the shortest available time. The government uses the newly printed money to basically expropriate valuable resources without actually going for forced massive expropriations that would quite naturally alienate population. How unpatriotic that might be everyone decides for themselves.
saiha
Hero Member
*****
Offline Offline

Activity: 840
Merit: 501

Strength in Numbers


View Profile
October 23, 2016, 11:40:14 PM
 #308

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

Thank you!

If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works.

Well this is what I am thinking when I was younger to buy the paper / material that is being used for print money and I don't know what comes to my mind when I was 7 year old.

Maybe I am just dreaming to be a rich boy someday and don't need to work for it, that is printing money is not just we are thinking.

It is a heavy responsibility of a country to monitor it because it will make the economy affected.

Vires in Numeris
raja2sumi
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
December 30, 2016, 03:45:56 PM
 #309

Actually you are talking about bitcoins which is yet to happen all over the globe and if it happens it will decrease kf commodities to a large extend and everything will be cashless.

▬▬▬ ★ ★ ★ ★ ★ ▬▬▬
● PLINKO  (+) ROULETTE ║ BITVEST ║ |7| SLOTS    ▼ BIT SPIN
▬▬▬ ★ ★ ★ ★ ★ ▬▬▬
antonioa
Full Member
***
Offline Offline

Activity: 229
Merit: 250



View Profile
December 30, 2016, 04:50:03 PM
 #310

Government constantly prints money in secret from the people. And then says that the high level of inflation
Kasabus
Hero Member
*****
Offline Offline

Activity: 2856
Merit: 576


DGbet.fun - Crypto Sportsbook


View Profile
January 14, 2017, 01:21:59 PM
 #311

Government constantly prints money in secret from the people. And then says that the high level of inflation
How the government print money?If that so,why they are still borrowing money from the bank.I just thought why just i could print money on my own so that i can have money that easy.Talking about dollars about printing,i hope i can do that,so that i dont have to work hard just to earn money , just print many dollars.

Xester
Hero Member
*****
Offline Offline

Activity: 994
Merit: 544



View Profile
January 14, 2017, 01:41:48 PM
 #312

Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value.
deisik
Legendary
*
Offline Offline

Activity: 3542
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
January 14, 2017, 01:46:46 PM
 #313

Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value

I'm curious how long you are going to repeat this nonsense

Money in today's economies is created mostly by commercial banks (as well as destroyed), not by central banks themselves (though Central banks still keep the monopoly of printing paper bills and minting coins). They can regulate how much money commercial banks are able to create by employing different financial policies aimed either at expanding money supply or contracting it (e.g. through interest rates, reserve requirements where applicable, etc), but this has nothing to do with gold reserves of the country

digaran
Copper Member
Hero Member
*****
Offline Offline

Activity: 1330
Merit: 900

🖤😏


View Profile
January 14, 2017, 02:01:05 PM
 #314

I think there are only 3 countries in the world with printing authority and the means for it and if you think your country is printing your currency then you are just wrong, you didn't think that the giants of cash would allow anyone to print money in their basements did you?
Each country only designs the looks of their money and pays a fee to UK & USA and asks nicely to print their money for them, while people simply ignore the huge advantage of bitcoin which is giving freedom to every individual and enabling them to print their own money.

🖤😏
Sithara007
Legendary
*
Offline Offline

Activity: 3402
Merit: 1354


Leading Crypto Sports Betting & Casino Platform


View Profile
January 14, 2017, 03:01:24 PM
 #315

Government constantly prints money in secret from the people. And then says that the high level of inflation

Do you have any proof for this outrageous claim? There are audits performed on the banknote printing by multiple agencies several times a year. It is simply not possible to print money in secret.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..





AVATAR & PERSONAL TEXT



Leading Crypto Sports Betting & Casino Platform




Feel free to drop your doubts bellow
Report to moderator 
♠ ♥ ♣ ♦       ▬▬▬ ▬          Stake.com     /     Play Smarter          ▬ ▬▬▬       ♠ ♥ ♣ ♦
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
L E A D I N G   C R Y P T O  C A S I N O   &   S P O R T S   B E T T I N G
 
 Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Strongkored
Legendary
*
Online Online

Activity: 2072
Merit: 1061




View Profile Personal Message (Online)
Trust: +0 / =0 / -0
Ignore
   
Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
May 31, 2022, 08:28:59 AM
Reply with quote  +Merit  #2
Bitcointalk Username: strongkored
Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554
Post Count: 5040
Forum Rank: Legendary
Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt
Stake
thepo1m
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
January 14, 2017, 04:22:20 PM
 #316

I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.
praboso96
Full Member
***
Offline Offline

Activity: 187
Merit: 100



View Profile
January 14, 2017, 07:04:27 PM
 #317

I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.

I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth
sportis
Sr. Member
****
Offline Offline

Activity: 406
Merit: 252


Veni, Vidi, Vici


View Profile
January 14, 2017, 07:52:26 PM
 #318

I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.

I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth

       In reality there is no need to secretly printing money. Why? Because money, called fiat, is not linked in physical reserves like as silver and gold. Last time USD was linked with gold (a.k.a gold standard) was until Aug 1971 when USA broke up Bretton Woods agreement, Nixon shock, and ceased to convert the dollar value to gold. There after, when we listen or read that Fed "prints money" actually means that adding credit to its member banks' deposits https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842
simpler2016
Sr. Member
****
Offline Offline

Activity: 293
Merit: 250


View Profile
January 14, 2017, 09:25:10 PM
 #319

I don't think we need to worry about print what they do now is to create a digital fiat in their system, I believe most countries secretly do this but it is not know to the pubic.

I do not think that many countries secretly printing money. After all, it is primarily hurting their economies. They can not do what lowers economic growth

       In reality there is no need to secretly printing money. Why? Because money, called fiat, is not linked in physical reserves like as silver and gold. Last time USD was linked with gold (a.k.a gold standard) was until Aug 1971 when USA broke up Bretton Woods agreement, Nixon shock, and ceased to convert the dollar value to gold. There after, when we listen or read that Fed "prints money" actually means that adding credit to its member banks' deposits https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842

Yes, it is a fact, I've heard about it for a long time. But I do not agree with such actions of the government. The currency of each country must be supported by something, and provided material means.
ZrCoin
Full Member
***
Offline Offline

Activity: 770
Merit: 100


View Profile
January 15, 2017, 12:04:49 AM
 #320

It's impossible to just print money. Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy.

Bitcoin can't be printed when more is needed.

But bitcoin has no real value, but nevertheless there is market.

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.

But may be we ll have any crypto coins in future which would be proofed by something else. Probably existing of such coin would have good future!
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 [16] 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!