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Author Topic: Why not just print dollars?  (Read 29569 times)
amaral1977
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September 25, 2017, 04:19:54 PM
 #481

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.

Every currency as we know it today as no value backing it. The bank basement full of gold is gone long time a good. Currencies as we know are no more than Debt titles.
That we believe will have value to trade for something. Bitcoin is the same but the trust base is not the state or government but a decentralized algorithm...
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September 25, 2017, 05:07:03 PM
 #482

print dollars to pay some debt? thats make inflation in the country, inflation is process that money distributed in the country is too much that make money value decreased, for example is now you can buy a drink with $2 if infaltion happen you can pay more for that drink maybe $3 or $4,
Maybe, he does not know the nature of the world's economy and finance. Not as you want to print more money and have not any problem or the price to pay. You have to remember, nothing is free and the FIAT also like that Wink



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futuret
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September 27, 2017, 11:42:41 PM
 #483

Well, that is precisely what happens.

Money is printed to avoid debt bankruptcy.
Bank corruption is the main issue using the printed dollars. Bitcoin is safe and easy to use I think much more than the dollar and the simple currency the price of the bitcoin is high now so! It is not only the currency but it is the investment and it is very good for the people who use it as the long time investment as well. So for me it is good to earn bitcoin than to print the dollars.

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September 29, 2017, 08:11:04 AM
 #484

Now, when the government runs a budget deficit they are essentially “printing” bonds and adding them to the private sector.  This adds to the net financial assets of the private sector because the non-government sector has a higher net worth.  This can correctly be referred to as “bond printing”, but it is not the common way that people discuss “money printing” as is usually referred to in discussions about QE and Central Banking.
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September 29, 2017, 05:52:15 PM
 #485

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

you cant do that for it will lose value thats the difference of a centralized currency the value is controlled
bitcoin is different

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September 29, 2017, 06:04:15 PM
 #486

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
That's because countries have restrictions on printing notes except for the US. US will declare war if a country decides to print unlimited amount of its own currency,and this will affect the markets diversely and tremendously. And when countries borrow from other countries ,there will be circulation of foreign exchange all over the world.

You don't want to mess with this BASTARD.🖕🏻
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September 30, 2017, 08:46:31 AM
 #487

How do you feel that pounds are printed. If you know that secret you will turn out to be a wealthy gentlemen. So if you know how just do it bucks are simple to fake so that would not be difficult.
As a student of economics it is not so easy to print dollars or any other currency. The deficit of printing is that inflation will rise more and more and the purchasing power of the people of that country will fell down because of the vaue of their fiat currency. The more the paper currency printed the less the value will be. It is the rules of economics and you will have accept the nature of it.

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September 30, 2017, 10:21:19 AM
 #488

If the goverment prints too much dollars , that goverment will raise the economics inflection, which no country want it happens. And when you borrow by USD you have to payback in USD . Then if you want to print other currency to exchange USD for payback. Who gonna buy those paper money for you ? Economics Debt is the big problem that every poor country have to overcome it.
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September 30, 2017, 11:45:00 AM
 #489

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Because if the government continuosly print dollars  the value of the money itself will decrease there must be a balance and there is a limit in printing dollars.


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September 30, 2017, 11:47:51 AM
 #490

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 reason why the government only print specific amount of dollars is because they want to not loose the value of the dollars. According to the article that I have read, if the government print many dollars; the value of the dollars will not become valuable and important. Many people will ignore dollars that is for sure.

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September 30, 2017, 12:14:50 PM
 #491

Why not just print dollars is the reason why Bitcoin came about. Someone, or some people, were smart enough to give us an alternative type of money to use as paper money is crap. It's beneficial for banks to print money, but not for us. Do you research.



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swogerino
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September 30, 2017, 12:19:20 PM
 #492

Haven't you seen a lot of memes for Bitcoin and paper money from the Federal Reserve Central Bank of America. They say it clear, printing more money never solves any problem, only raises debt for the country , to pay the debt the country raises taxes. And who pays taxes ? Us the final consumers. That is why Bitcoin itself is a revolution in the economic field.
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September 30, 2017, 12:24:37 PM
 #493

It is because the federal government doesn't create money; that's one of the jobs of the Federal Reserve or the nation's central bank.
The Fed tries to influence the supply of money in the economy to promote noninflationary growth. Unless there is an increase in economic activity commensurate with the amount of money that is created, printing money to pay off the debt would make inflation worse. This would be, as the saying goes, "too much money chasing too few goods."
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September 30, 2017, 12:39:00 PM
 #494

This is the reason we're in this mess in the first place. People are lazy and just want problems to be solved for them as the world economy gets shittier and shittier but they don't care because they have the latest gadgets to keep them occupied.

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October 02, 2017, 05:07:40 PM
 #495

You have the ability to print your money and borrow money, and borrow $ 10 in "funnymoney" but you lose that $ 10, you can print $ 10 and return the money, but have $ 20 "funnymoney" in circulation. . They just take a lot of value. If only a few knew about bitcoins, the price would be just a few cents per dollar. I mean, fiat is ubiquitous everywhere but it definitely has a decent value.
Printing money is one of the ways to finance a deficit, although in normal circumstances (more or less) ordinary governments rarely stick to it. (The Zimbabwean dollar is a clear example of Such monetary policy is finally over)
Thank you !
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October 02, 2017, 08:24:36 PM
 #496

becaus eprinting dollars is illegal and bitcoin is legal so actually that is a stupid thing to do and even i know that that would not work no matter where you come from.
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October 02, 2017, 08:35:11 PM
 #497

One important thing we should know is that there is a cost attached to printing of new dollar note. And it courses inflation in an economy of which the negative effect on the economy is disastrous and not that easy to control in most cases. 

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October 02, 2017, 09:47:55 PM
 #498

One important thing we should know is that there is a cost attached to printing of new dollar note. And it courses inflation in an economy of which the negative effect on the economy is disastrous and not that easy to control in most cases. 

Exactly, you cannot eat your cake and have it back, the economy suffers when more notes are printed and the factors of inflation are regulated by the central bank of America by either printing or taking out more dollars and so we don't just print  for printing sake because it has ripple effects on the economy.



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October 03, 2017, 02:16:09 AM
 #499

I don't forget it asking my mother why they would not just print paper funds so that there would be no very poor folks.  And she also do not know why.  She just said that if that occurs then individuals would be lazy, no far more plans, goals, nor dreams to go after considering that we can get what we want simply.In specialized factors, I neglect the cause why.  I just understood that in each and every paper money that they will print there is a corresponding gold to be paid at that certain establishment that handle the money circulation.
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October 03, 2017, 03:04:57 AM
 #500

The answer to this question is simple. Inflation.

Inflation will happen if we just print paper money to pay debts because the money supply will increase. And and as the money supply increases, its currency value then decreases. Simple economics. Now would you rather pay the debts in a long way or pay your bills, consumer goods and everything in a very spiked up price? Everything needs to be balance and so is the money supply in order to have a good economy.

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