Bitcoin Forum
August 14, 2018, 11:16:22 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
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 29571 times)
jagmrx
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
October 03, 2017, 03:29:25 AM
 #501

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. Grin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534245382
Hero Member
*
Offline Offline

Posts: 1534245382

View Profile Personal Message (Offline)

Ignore
1534245382
Reply with quote  #2

1534245382
Report to moderator
1534245382
Hero Member
*
Offline Offline

Posts: 1534245382

View Profile Personal Message (Offline)

Ignore
1534245382
Reply with quote  #2

1534245382
Report to moderator
1534245382
Hero Member
*
Offline Offline

Posts: 1534245382

View Profile Personal Message (Offline)

Ignore
1534245382
Reply with quote  #2

1534245382
Report to moderator
Pettuh4
Sr. Member
****
Offline Offline

Activity: 574
Merit: 251


★777Coin.com★ Fun BTC Casino!


View Profile
October 03, 2017, 03:39:15 AM
 #502

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. Grin

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.

Mr.John19
Full Member
***
Offline Offline

Activity: 350
Merit: 109



View Profile
October 03, 2017, 03:55:50 AM
 #503

If we print a lot of a money, the price of the money will growth so that we’re no better off than we remained before. Printing money will eventually abolish our economy and our currency.

Everything that makes you vital     |     B i t V i t     |       PRE-ICO    July 1st, 2018
●        FACEBOOK        ●        TWITTER        ●        YOUTUBE        ●        TELEGRAM        ●
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄  Whitepaper  ▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Nakakapagpabagabag
Full Member
***
Offline Offline

Activity: 350
Merit: 100


BITDEPOSITARY - Make ICO's , More Secure


View Profile
October 03, 2017, 05:06:58 AM
 #504

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 does not make it easy to make dollars or money. The work tools also purchase it, especially the papers that cover it. Making money is very hard to do, you will still be able to go through the extensive process and buy more expensive items if you are calculated. Money making is also purchased by money, so most processes turn around in money or turn around for money.

Natsuu
Full Member
***
Offline Offline

Activity: 392
Merit: 100


UBEX.COM 🤖


View Profile
October 03, 2017, 05:44:37 AM
 #505

If we print a lot of a money, the price of the money will growth so that we’re no better off than we remained before. Printing money will eventually abolish our economy and our currency.

Simple because if the government will print more paper bills then the value of it will lessen or will loss.
It will devalued because of high supply in the market and the value of it will decrease.

Firefox07
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
October 03, 2017, 06:18:59 AM
 #506

What a fool idea. You mean when you barrow a dollar to a certain person you will pay it with a printed one. You think there is someone who will take your printed dollar for payment. And if your idea became a reality no one will work for sure. They just print their money everytime they need it.

⚫ ▬▬     V T O S   |   Decentralized CDN & Social Network     ▬▬ ⚫
  Whitepaper    JOIN OUR ICO  >  MAY 28th  <
FACEBOOK               MEDIUM               TWITTER               GITHUB               TELEGRAM
jagmrx
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
October 03, 2017, 10:25:51 AM
 #507

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. Grin

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. Grin
fuer44
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
October 03, 2017, 10:46:40 AM
 #508

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
Jr. Member
*
Offline Offline

Activity: 56
Merit: 10


View Profile
October 03, 2017, 11:11:37 AM
 #509


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


PoSToken - First PoS Token|Free Airdrop|No ICO
nelsledma
Sr. Member
****
Offline Offline

Activity: 480
Merit: 250


UBEX.COM


View Profile
October 03, 2017, 12:46:10 PM
 #510

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.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄   
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
nikitano
Jr. Member
*
Offline Offline

Activity: 48
Merit: 0


View Profile
October 05, 2017, 07:31:02 AM
 #511

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
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
October 05, 2017, 08:08:33 AM
 #512

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.


   ▄▄██▄▄
 ▄████████
▄██████████▄
████████████
▀██████████▀
 ▀████████▀
   ▀████▀
   ▄████▄       ▄▄██▄▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀██████████▀ ▀██████████▀
 ▀████████▀   ▀████████▀
   ▀████▀       ▀████▀
   ▄████▄       ▄████▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀███████████▀███████████▀
 ▀████████▀   ▀████████▀
   ▀▀██▀▀       ▀▀██▀▀
   
   
         Q-RATIO MARKET FUNDING COMMUNITY
   MAKE ICO'S MORE SECURE,
           STOP SCAMS
WITH BITDEPOSITARY       
/
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

    ▄█████
   ████▀▀▀
   ████
   ████
██████████
▀▀▀████▀▀
   ████
   ████
   ████
   ████
   ████
   ▀▀▀▀


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

             █▀▀▀▄▄▄██▄
             █     ▀██▀
            █
         ▄▄▄█▄▄▄
 ████▄▄███████████▄▄████
▐██████▀▀███████▀▀██████▌
 ▀████    █████    ████▀
  ████▄  ▄█████▄  ▄████
  ▀███████████████████▀
   ▀████▄▀█████▀▄████▀
     ▀▀███▄▄▄▄▄███▀▀
         ▀▀▀▀▀▀▀
 

   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
 ▄█████████████████████████▄
 ███████████████████████████
▐███████████████████████████▌
▐███████████  ▀█████████████▌
▐███████████     ▀██████████▌
▐███████████     ▄██████████▌
▐███████████  ▄█████████████▌
▐███████████████████████████▌
 ███████████████████████████
 ▀█████████████████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 
in
Ryan Tirta Permana
Member
**
Offline Offline

Activity: 136
Merit: 11


View Profile
October 05, 2017, 08:14:56 AM
 #513

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

lordquanta
Sr. Member
****
Offline Offline

Activity: 574
Merit: 264


View Profile
October 05, 2017, 08:39:39 AM
 #514

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
Jr. Member
*
Offline Offline

Activity: 53
Merit: 0


View Profile
October 06, 2017, 12:45:05 AM
 #515

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
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
October 06, 2017, 10:10:36 AM
 #516

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
Full Member
***
Offline Offline

Activity: 266
Merit: 100

Platform for Investing in Cryptocurrency and ICOs


View Profile
October 07, 2017, 10:53:20 AM
 #517

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

ihsanskanzaone
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
October 07, 2017, 10:59:48 AM
 #518

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
Jr. Member
*
Offline Offline

Activity: 49
Merit: 0


View Profile
October 07, 2017, 08:31:22 PM
 #519

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
Full Member
***
Offline Offline

Activity: 350
Merit: 107



View Profile
October 07, 2017, 09:22:41 PM
 #520

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.

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:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!