Why not just print dollars?

[jagmrx]

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.

Exactly. If you want to be rich just because printing dollars, the things you want to buy will get more expensive too. That's because the amount of dollar will not matter anymore because everyone can make their dollars by printing them. It is a simple fact.

Yes the central banks don't print notes just for printing sake because it has a net effect on their economy if they carelessly print notes at will without proper caution and regulation. There are a lot of central banks in third world countries that pumps in cash at will and they are always at the mercy of IMF and world bank.

Yeah, central bank will be overload. We need a balance, so I think if we want to make people rich, we should give them job. We should build a company or an industry that will hire a lot of people. That is the best solution.

[fuer44]

is it possible to print dollars? maybe another term is: we have a lot of bitcoin which if in exchange to the dollar, the value is very much. or we commit a crime by printing dollars? printing dollars is the same as we are distributing fake money, and we will deal with the authorities.

[ProoLogic]

Some guys in Zimbabwe decide to just print money:)

Then happens this :
https://cdn1.pri.org/sites/default/files/styles/open_graph/public/story/images/Zimbabwe%20Trillion_3_CROP.jpg?itok=aTCzaFCE

"One hundred trillion dollar" Zimbabwean banknote = $0,4USD

[nelsledma]

a government cant just print money as long as they want, it is still subject to regulations since printing a lot of money can cause inflation to the society, the value of the excessive printed money will go down to the point it has no value just like what happen during the japanese invation in the philippines during world war.

Yes I agree with you. It is a very shameful thing for the government too that they cannot generate taxes and is unable to bring economic stability in the country that’s why they print more and more currency. And if we talk of printing of dollars, it totally depends upon the demand of the government, because the US government has no authority to print dollars. They buy it from their own bank.

[nikitano]

In fact you are chatting about bitcoins which is yet to occur all more than the world and if it happens it will lessen kf commodities to a huge lengthen and every thing will be cashless.

[nethan1btc]

Printing Dollars is not a smart thing to do because some many people have tried it just got failed. It is not even worth trying anymore because you will get caught very easy these days.

That could be impossible to happen,  Bitcoin is International digital currency and as digital banking system the paper money will be valueless. Bitcoin no need to print on paper, with in next few years the paper money destroy by bitcoins.But if someone would try to do that government and local authorities will sue for that because it is illegal and not be done by any other individual in state and real printed dollars.

[Ryan Tirta Permana]

if all print dollars then the country of the country will have no identity about the currency itself

[lordquanta]

Printing Dollars is not a smart thing to do because some many people have tried it just got failed. It is not even worth trying anymore because you will get caught very easy these days.

That could be impossible to happen,  Bitcoin is International digital currency and as digital banking system the paper money will be valueless. Bitcoin no need to print on paper, with in next few years the paper money destroy by bitcoins.But if someone would try to do that government and local authorities will sue for that because it is illegal and not be done by any other individual in state and real printed dollars.

In some extent you are right. When everyone prints a dollar or for that matter a  currency then what is the use of that currency. Currency needs to be limited. With limited circulation of currency inflation might remain under control. If everyone starts printing the currency then no matter how much you print it is useless. Why bother printing the currency then because for print the currency you need a paper, electricity, machine which have a price. Thus printing dollar or currency individually is like using sand grains or stones as currency. No value.

When Govt prints too much currency then inflation happens. Though it is not the only reason for inflation. However it is one of the major reason for inflation. Good examples is look at the strongest currencies in this world. US dollars,  British pound, Bahraini Dinar, Euro  are some example. Their supply is very limited and highest denomination currency is less than what most other countries have.

Next point about everything in economics has value only because people collectively have perceived it so. Thus When govt rejects or stops recognition of legal tender of the currency-note then that note will become worthless piece of paper. Bitcoin has value because people are perceiving and accepting the value supported by it. No govt can stop it. At max they may block bitcoin. Till there are groups of people who perceives value in bitcoin it will remain as valuable.

[Succurs]

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

[Official Armor Ceramics]

If we emit or print too much money, it would not have any value, so all goods and services will be expensive and one won't have enough money for his needs. The rates of inflation will be high and it will have a negative effect on the world community

[balakang00]

Maybe because taking the long way around is the most legal and proper way of handling these things

[ihsanskanzaone]

dollars yes fixed dollars still the basic material for dollars that paper so easily in fake and the price will not increase drastically and if mawu invested or in the tube still will not produce too much. not the same as the cryptocurrency which if in the tube or in the investment has a high value

[saschafx]

I bear in mind it inquiring my mom why they would not just print paper cash so that there would be no inadequate men and women.  And she also do not know why.  She just explained that if that happens then men and women would be lazy, no far more ideas, ambitions, nor desires to go after since we can get what we want simply.In complex facets, I overlook the reason why.  I just knew that in each and every paper cash that they will print there is a corresponding gold to be paid at that particular institution that deal with the income circulation.

[palle11]

One can not print because the state has made some exercise illegal and so doing such would amount to a crime. Going by the social contract theory, the populace have given their right in unison to the government in return for better protection and welfare and so, one can't print because it is a role that has been put to the jurisdiction of the government to provide and so going contrary to the social contract would be crime more or less.

[pavelkdr]

Government continuously prints money in mystery from the people. And then claims that the large level of inflation

[Kiweikoo]

In fact you are chatting about bitcoins which is yet to occur all more than the world and if it happens it will lessen kf commodities to a huge lengthen and every thing will be cashless.

There are maximum chances of at least developed countries for going cashless since most of the developed countries have made bitcoin legal for international transactions and common use. Developing countries are mostly following the steps of developed ones, so probably sooner or later they are also going to make bitcoin legal. Bitcoin has the strength of making us go cashless.

[Conevesses1976]

Bitcoin formally primarily based every little thing all around producing products on the internet in a secretive fashion because of anonymity filters.In all honesty there's loads to gain that paper money won't offer you. Sure there are banking companies...But nothing at all in comparison to how non-public web a process payments. No debit card or paper funds is used for some functions of Bitcoin, hence ensuing in an excessive affair with digital belongings.

[criz2fer]

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.

In addition, US treasury only decides when to print money. Federal reserves control the supply creating interest rates. Economy play an important role here, if the supply of money increase, the interest will be lower and businesses will increase because of lower interest. Spending will be more frequent. Just like you said, it was simply inflation.

[wishingwell]

Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.

[RamBahadur.Gurung]

Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.

Right now, the same thing is happening in Venezuela. Just check these pictures:



^^^This is the amount of currency needed to purchase a mobile phone.

And the situation is same in some other countries, such as Somaliland. Check this: