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Author Topic: Why not just print dollars?  (Read 29454 times)
jaysabi
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August 02, 2017, 09:34:51 PM
 #441

The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you

Exactly brother. As long as they print more money than the usual the more the money gets less valuable. The supply of paper bills goes high while the demand will be less because of the supply. The logic here even though they can print more paper bills, they will not do that because it just gets less valuable.
In fact, all is not so simple. In many countries inflation is much higher and the local population uses the dollars to save their funds. This restrains inflation in America and so the American government can afford to print dollars in huge quantities without fear of inflation.

Most of the money supply increases don't even come from the Federal Reserve but from fractional reserve banking. Banks take deposits and loan a fraction of it out, but the full amount is payable on demand to the depositor. There is now more money in the economy because of this, the physical currency exists that has been lent out, and the hypothetical currency the depositor can withdraw and counts as an asset. If the borrower uses his loan to increase the goods or services in the economy, the added growth pays back the loan and the money created in this system is warranted. If he defaults, that money disappears from the economy. When this happens on large scales, banks fail and we have a recession.


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August 02, 2017, 09:55:33 PM
 #442

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.
I agree you, money is just a piece of paper without gold behind it. Gold gives it value and it is main factor. Of course money don't depends absolutely on gold, economy plays an important role also. Despite good economy, just printing money will decrease it's value because paper is more and gold is less, it's like more device and less electricity.

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August 02, 2017, 11:31:25 PM
 #443

You must always have room for improvements. If you want improvements the  do not stick to the old ways but rather embrace new things. Just like bitcoin, there maybe some lapses but we know that it is valuable to us. We also live in a modern technology so its possibls to live a cashless society. No printed fiat only digitals. And bitcoin would be one of those currencies i think.

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August 06, 2017, 09:02:14 AM
 #444

The dollar is now worthless. They printed a huge amount and if all the people who have them or even half of them want to sell their dollars then the us economy will collapse like a house of cards. Bitcoin is a good way to withdraw their investments from the dollar.
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August 06, 2017, 09:16:34 AM
 #445

They cant just print money.
The number of US dollar for example is being counted everytime they print.
If there will be too much then I am sure the value of it will go down.
I remember US is trying to make people spend their money. Too much have been saved in banks or self saving at home. So the number of fiat flowing is getting limited. Sure it became valuable but what will they use for circulation?
That is the vice versa of bitcoin. After the 21 million mark then nothing can be created anymore. It will just circulate until even 1 satoshi is so valuable. That will be like billions of satoshis.  Grin

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August 06, 2017, 09:39:54 AM
 #446

That will probably result in inflation since you print more money and add up on the current money supply. Like how the government in Zimbabwe printed more money and made their currency practically worthless. Same applies to any fiat and bitcoin, as it is, is not affected.
Yup, in Zimbabwe when you want to buy a bread. You have to pay more than 1 Billion of Dollar Zimbabwe to buy one bread. Which is really ridiculous to see when you have lot of money (OP said to print dollars). It will result in inflation and money value of that country will be decreased.


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August 06, 2017, 11:08:36 AM
 #447

Because the more dollars you print, the lesser its value will be. It's like the law of supply and demand when we have so much supply of something, its value will be lesser whereas when a supply is lesser and demand is higher then the price would surge up. More printing of dollars means more money and the result would be inflation.

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August 06, 2017, 11:44:43 AM
 #448

That will probably result in inflation since you print more money and add up on the current money supply. Like how the government in Zimbabwe printed more money and made their currency practically worthless. Same applies to any fiat and bitcoin, as it is, is not affected.
Yup, in Zimbabwe when you want to buy a bread. You have to pay more than 1 Billion of Dollar Zimbabwe to buy one bread. Which is really ridiculous to see when you have lot of money (OP said to print dollars). It will result in inflation and money value of that country will be decreased.

The situation in Zimbabwe isn't the same when you print a couple of hundred dollars nonstop. In Zimbabwe, they printed out high denominations of money and that has made their currency go crazy. They printed papers that have a denomination of a billion, and that made their currency go hyperinflated. If you print out dollars nonstop, the value of it will go down but not as much when you print out billions of worth of it in just a short period of time like what happened in Zimbabwe.

Because the more dollars you print, the lesser its value will be. It's like the law of supply and demand when we have so much supply of something, its value will be lesser whereas when a supply is lesser and demand is higher then the price would surge up. More printing of dollars means more money and the result would be inflation.

That is true, but sadly, that's actually what is happening. Countries that have debts are printing their currencies nonstop to pay for it.

                           
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August 06, 2017, 12:00:28 PM
 #449


It is not economically feasible. Excess of the dollar is increasing inflation. The rise in inflation is also a stagflation.

This situation is very bad. Cry


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August 06, 2017, 12:28:42 PM
 #450

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

The dollar we have defined is a common currency for us to use it to buy or trade anything. We create it and set its value to a certain level. Its value may increase or decrease depending on the development of the country that created it. It always has certain limits to balance the market. Every year, the government prints out a lot of cash to make up for lost or lost money. That balances the market and makes the country richer

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August 06, 2017, 12:32:30 PM
 #451

If every person could just print money to himself, then there would not be poor people in the world, but this would depreciate all the currencies and chaos would come about in the world.

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August 06, 2017, 12:41:32 PM
 #452

If every person could just print money to himself, then there would not be poor people in the world, but this would depreciate all the currencies and chaos would come about in the world.

We are talking about dollars, and dollars is a primary currency of one's country. Creating a chaos in the world seems exaggerated because if that happens, it will just be a problem of the country and not the world.
They can reflect to these problem and in the future improve or develop their way of circulating and printing money. But we all know how governments work, they will not let their country fall down just like that.



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August 06, 2017, 01:13:41 PM
 #453

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



Bitcoin is a perfect thing.





Plan B.

You are wrong when you say Bitcoin is a real value while it is a virtual value. If it is material, then we can print it and use it like cash. You can skip that intermediate step, which is to switch from Bitcoin to cash, which has a transaction fee. But that would not be far off because Bitcoin is virtual

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DIMPAY: Invest for Tomorrow. Today.


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August 06, 2017, 08:02:11 PM
 #454

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



Bitcoin is a perfect thing.





Plan B.

You are wrong when you say Bitcoin is a real value while it is a virtual value. If it is material, then we can print it and use it like cash. You can skip that intermediate step, which is to switch from Bitcoin to cash, which has a transaction fee. But that would not be far off because Bitcoin is virtual
Money is something that we can use to clear our payments and we can sue it for buying and selling purpose. I don’t think so there is any need of printing bitcoins to use them as sound money. We should give equal importance to both paper money and digital currency.

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August 07, 2017, 04:20:44 AM
 #455

What has the bigger value? Something that's common everywhere or something rare found in a very few places? I think you see where I'm going with this. Also, that's how inflation works, you just print out money and it becomes worthless.

I agree with your thinking, because it's all too common where it happens and a lot is rarely found in that very little place, printing the new money will make, all will not have exchange rate.

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August 17, 2017, 02:38:50 AM
 #456

Why not just print dollars? It should not be done because if people would just print dollars, every would just print it and there would be no empowerment. Nobody will be rich and nobody will be poor if we would all just print dollars. People would be lazy and not work because they don't have to work hard for money because they would just print dollars. And it would be a chaos if that happened.

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August 17, 2017, 02:42:17 AM
 #457

Printing dollars without any backing is like printing papers. This makes the currency go valueless and every country has got its own system for printing currencies. In several countries gold will be placed as an reserve and based on the value of gold holding currency will be printed.


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August 17, 2017, 02:50:23 AM
 #458

Printing dollars without any backing is like printing papers. This makes the currency go valueless and every country has got its own system for printing currencies. In several countries gold will be placed as an reserve and based on the value of gold holding currency will be printed.

Not in this century, though. After the Nixon Shock, fiat is not backed by any commodity at all. Basically we are just printing papers and the only thing that gives it a value is our belief that it does have a value. At the end of the day, paper money is just paper and it's value isn't even based on a fair supply and demand law. They are just printing it nonstop and our money gives us less and less purchasing power.

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Grapt1961
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August 30, 2017, 08:51:29 PM
 #459

the more income is printed, the significantly less they are really worth. You can not just print cash. Their benefit need to be considerably less than the confirmed
Celsiuss
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August 30, 2017, 09:22:56 PM
 #460

While it is a good point, you simply cannot print off your debt. Printing a lot of money creates inflation, and if there's one thing you don't want as a country, it is inflation. This has happened to many countries before. Huge debt, print money, huge inflation problem. You really don't want this, really.

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