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Author Topic: Why not just print dollars?  (Read 26027 times)
CARrency
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July 22, 2017, 02:36:51 AM
 #421

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
If you understand the dynamics of the economy,you will know that when you print too many cash in the system, you will devalue the currency. Making it worthless point, take a look at the economy of Zimbabwe where people carry a chest filled with money just to buy food.

What a shame, printing a lot of them will really make one's country devalued. When I think of these topic, one couuntry pops up my mind, Japan. I just thought of these country to be good, but their money is also , I think, is devalued. I've seen a lot of things that is cheap at 1000 yen, the reason why I think it is.
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July 22, 2017, 02:50:46 AM
 #422

Maybe this is not the extent that things are happening these days, but it is sort of the direction we are heading to. The lovely thing about bitcoin is its capped supply limit, which will ensure that bitcoin retains its value while its popularity is growing at the same time.

That would only be so if it were the only currency, and production somehow managed to at least sustain. The first seems impossible, while the second isn't likely if the first happens.

The limited supply does help its speculative value atm, but the "cap" is only there for itself. We are without limits when it comes to alts popping up.

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July 23, 2017, 03:25:45 PM
 #423

It's easy to say that "why not just print money/dollars?"

I don't understand economics before but when I was able to learn about this type of things. I realized that this will make a country into becoming poorer.

Just like in bitcoin, the lesser supply the higher value.



Not necessarily "poorer", the currency simply will have lesser value. The ones that will be really affected are the people that live in that country. Without knowing at all, the prices of the goods and services go up because their fiat's purchasing power has went down, and in most places, it's constantly going down.
Government even imagine in its wildest dreams to print countless dollars. This stupid act will definitely put them into great loss. It would be really tough for them to again make dollar one of the fiat leading currencies of the world. You are right about the printing of fake money. I don’t think so that really affects the real currency of the state.

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July 23, 2017, 03:35:57 PM
 #424

It's easy to say that "why not just print money/dollars?"

I don't understand economics before but when I was able to learn about this type of things. I realized that this will make a country into becoming poorer.

Just like in bitcoin, the lesser supply the higher value.



Not necessarily "poorer", the currency simply will have lesser value. The ones that will be really affected are the people that live in that country. Without knowing at all, the prices of the goods and services go up because their fiat's purchasing power has went down, and in most places, it's constantly going down.
Government even imagine in its wildest dreams to print countless dollars. This stupid act will definitely put them into great loss. It would be really tough for them to again make dollar one of the fiat leading currencies of the world. You are right about the printing of fake money. I don’t think so that really affects the real currency of the state.
The printing of money is depends on the supply of demand and how money are circulating in the state, So If you are taking of printing lot of money then the market system will be destroy and paper money will became worthless if the mass production is being made.

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July 23, 2017, 03:39:30 PM
 #425

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.

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July 24, 2017, 11:13:24 PM
 #426

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.
It is not about government and laws which is allowing central bank. If they are printing a lot of money. Then the value will be decrease by this method the economy of the USD will be drop down. Which will never gain the power once again because of a lot of printing USD. So i would like to tell you that if USD maintain their balance then it will grow more all around the world.

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July 26, 2017, 02:05:34 PM
 #427

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

We cant just print as much dollars as we want. Every bank note should be backed up with corresponding gold value. If you'll print more notes than the number of gold reserves, the value of the note would depreciate and may lost their value. Dollar without back up gold reserves would be just an ordinary paper. It has happened before when a country had printed more money than their gold reserves and their economy crashed. It was called "mickey mouse money" if im not mistaken.

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July 26, 2017, 02:13:50 PM
 #428

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

We cant just print as much dollars as we want. Every bank note should be backed up with corresponding gold value. If you'll print more notes than the number of gold reserves, the value of the note would depreciate and may lost their value. Dollar without back up gold reserves would be just an ordinary paper. It has happened before when a country had printed more money than their gold reserves and their economy crashed. It was called "mickey mouse money" if im not mistaken.
Lol! News for you that the dollar is not provided by gold for a long time! It's a well known fact. You can be certain of. America does not accept dollars printed until 1926. This is not because the current banknotes are better protected against counterfeiting. This is because those notes says that they are provided with gold and diamonds.

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July 31, 2017, 11:27:56 PM
 #429

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

For your information, if you print dollars that will result to extreme inflation thus, making the value of money lower compared before. Even if it may seem a good idea, this is will eventually destroy the economy of one's country. Take a look at Zimbabwe, they have extreme inflation and the value of their paper money is around "one hundred trillion dollars" (check it on the internet) but in reality, it's just less than a dollar. Always remember the law on demand and supply because this is perfectly relevant to your question.
Logical explanation bro! I agree with you that printing dollar will simply dump its value badly. Dollar will lose all it’s worth resulting in extreme inflation. This will automatically destroy the economy of the state.
It’s absolutely a bad idea to print too much dollars.


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July 31, 2017, 11:40:55 PM
 #430

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

It ia just like planting a wheat in the middle of the storm or buying a luxury car and driving it in a deep blue sea. In the end it is nonsense. You just or the government wasting their time, effort and money to do that. And if it will happen the value of the money become low and goes to nothing.

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August 01, 2017, 02:02:28 AM
 #431

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.

I don't believe there's any restriction on what the federal reserve can print.  During QE3, they were printing $80 billion per month.  The CPI which I consider bullshit, didn't even move much.  But the money goes straight to the banks and Wallstreet and the wealthy elite benefit from it.
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August 01, 2017, 04:16:14 AM
 #432

I think if you print dollar, you will become a rich without working hard, you need to know the value of life ,if life getting easily you will not know how hard life is,as simple as you do not know the true meaning of being happy if you will not be sad. So give value of dollar.

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August 01, 2017, 05:48:32 AM
 #433

Yeah, why wouldn't we all just print money in our homes and have as mush as we need. Things are not that simple. There were some examples in history where some countries have printed their currencis and made horrible mess in their economies. Just printing money causes economic devastation and break down at the end whic can't be recovered that soon.

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August 01, 2017, 06:20:35 AM
 #434

Yeah, why wouldn't we all just print money in our homes and have as mush as we need. Things are not that simple. There were some examples in history where some countries have printed their currencis and made horrible mess in their economies. Just printing money causes economic devastation and break down at the end whic can't be recovered that soon.

The first one to print money and have it backed by force (a military) wins.  Any money that is printed and backed by nothing is counterfeit.  Just because one group of people say they are legit doesn't make it any different.  They print money and get rich by enslaving others.  You print money and you go to jail.  That's how the game works.
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August 01, 2017, 08:01:36 AM
 #435

Cryptocurrency that will make you print money in accordance with the currency you want, without special materials to print it, that's what the latest revulsion in this world.

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August 01, 2017, 04:26:57 PM
 #436

There is a certain amount of money that need to be release in a particular country or government. The government set some rules the monetary policy regarding the printing of monetary materials or instrument or currency itself. Supply of money should be control or monitor in order to have a proper flow of government or economic.

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August 01, 2017, 04:34:12 PM
 #437

Cryptocurrency that will make you print money in accordance with the currency you want, without special materials to print it, that's what the latest revulsion in this world.

Yes we can see such future with the increased use of digital currencies worldwide. I don’t think so with such opportunities available, there is any need of printing paper money. Minting paper currency is not an easy task. Besides the more currency printed, the lesser is its value.


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August 01, 2017, 10:29:30 PM
 #438

Money contain gold dust the bigger so the high value money contains more gold dust. In my county to create a 1 php or 1 piso bil  to create that you nid 3 piso so government limit the print of money coz there are losing money. You can not just print money if you want. Money contains gold dust so their have a value try to print a money with out gold it is worth less it is just a paper no value.

Beerwizzard
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August 01, 2017, 10:50:30 PM
 #439

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.
Why not? The US government is doing it all the time for the last years. It is kinda abusing the fact that the US dollar is world's reserve currency and you cant print a new ones in reasonable measures (but it is still pretty bit amounts) without having hyperinflation. The other countries simply can't afford it because it will kill their economy.
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August 01, 2017, 10:53:19 PM
 #440

Why borrow dollars and then pay back by printing them?

Why take the long way around?

They deliberately attempt to devalue their national currency in order to allow corporate entities to benefit further from exportation.

The downside of this strategy means the average consumer has less buying power.

Its a pro corporate policy intended to boost private sector profits.

Currency devaluation is the goal, the excess borrowing and printing is intended to accomplish this.

There are also conspiracy theories which say: the true end game is to transform the entire world into the unfortunate state venezuela has become. Any country bankrupt with a weak economy could deteriorate into similar conditions. Which could allow a state to step in and declare martial law. Then later: communism.

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