Why not just print dollars?

[xebecstyx]

I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.

Agree! This is a basic principle of economy. If you would print cash without actually having reserves to back and support it. It would make the money literally like people, valueless and powerless. For a money to have a bearing in the market, it should be sanctioned by the central bank of a specific country, which also serves as the indication that the country supports the value of the money circulating in the market.

[tabas]

Just like in bitcoin, if the supply is lesser it's more valuable. And if the Central Banks are keep on printing dollars or any of their currency, they will be burned by the inflation. There is also strict regulations about printing dollars, you just can't do it as you desired. 

[josealerav]

Well, the dollar has a price because it is driven by gold. that is, the dollar has a price because in the back up using gold. so, not forever we can make dollars. dollar amount, equal to the amount of gold deposited in the bank. well, that's as far as I know.

dollar is not driven by gold.
dollar is not backed up using gold
dollar amount is not equal to the amount of gold in banks

as you are a Hero Member you definitely must know basics

Dollar is just a present for gold in case you don't know .So if the price of gold is increasing , value of dollar will be decreased.

[josealerav]

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!

The dollar is also very popular), it's just very centralized and fu fu fu

Popular is not everything, you could be popular for now but in the next 1-2 years things could be change, this scenario is the same with dollars.

[bitcoinmaniac52]

Just like in bitcoin, if the supply is lesser it's more valuable. And if the Central Banks are keep on printing dollars or any of their currency, they will be burned by the inflation. There is also strict regulations about printing dollars, you just can't do it as you desired. 

For some reason your comment made me realize how messed up fiat is in that in many ways it is the same as Bitcoin, how over time, people lose fiat, it gets destroyed, and you would think the value would therefore increase, but for some reason it does the opposite, which does not make any sense whatsoever aside from the fact that they print more and more every day.

[Oceat]

Print more and more dollars will lead to the inflation and those present dollars will lose their price for real. So it's not just easy print more and more dollars like you said, you have to make a look at the market and economics. Printing dollars only happen when there was a lack of money for trading in the market.

If printing a money would be so easy just like that why not but of course those at the top are thinking a bit different way than us normal people. If you do think it deeply, dollar is just like cryptocurrency that they sell the stock in the market. If there's too much dollar that is being made the value of it will going to depreciate just like of those shitcoins.

[paulo013]

If we just print dollars, How we will survive for everydays life. There are a raised question. How we eat ? If people don't need to farm and fishing because printing dollars is easy and they don't need to work hard for money. So why we have government to control our economics in able to live fair.

[KenChanYu]

If we just print dollars, How we will survive for everydays life. There are a raised question. How we eat ? If people don't need to farm and fishing because printing dollars is easy and they don't need to work hard for money. So why we have government to control our economics in able to live fair.

Well we cannot  print dollar for our selves because it is a government property and and printing dollar is really prohibited only the central bank and the government has a capacity to do or make dollar.why?because dollar is sailed by the government to be valid to use by consumers and it is the way of the government to make controll on thier economy movement .

[Medow]

Dollars, like bonds, are liabilities of the U.S. government. It doesn’t matter to the government if the world holds $19 trillion in bonds and $1 trillion in cash, or $20 trillion in cash - it still costs the government nothing in real resources to create money (or bonds) and spend. And we haven’t borrowed in any real sense of the word since we were on the gold standard, when bond issuance was necessary.

[LogitechMouse]

Printing too much paper money in one country will cause inflation that may affect the people in it. See what happen in zimbabwe. They printed paper worth 100 trillion pesos and lower amounts. It causes hyperinflation that affect the countrymen. Now because bitcoin has a fixed amount of only 21M, it will not cause inflation into the people because they can't mine more than 21m anymore.

[Genemind]

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 thing is all the money around the world are auditted by the government and the banks. They cannot just print dollars or any kind of money, because it will not be balanced with the incoming and outgoing money in a country. This is why we cannot just print.

[tabas]

Just like in bitcoin, if the supply is lesser it's more valuable. And if the Central Banks are keep on printing dollars or any of their currency, they will be burned by the inflation. There is also strict regulations about printing dollars, you just can't do it as you desired. 

For some reason your comment made me realize how messed up fiat is in that in many ways it is the same as Bitcoin, how over time, people lose fiat, it gets destroyed, and you would think the value would therefore increase, but for some reason it does the opposite, which does not make any sense whatsoever aside from the fact that they print more and more every day.

It's totally messed up and that's why they can't just keep on print again and again unless they will demonetize other bills and reproduce a new one. There will be a replacement of it if they want to supply new for their country but if there's no opposite movement to make it balance while printing more, things in the economy will get worst.

[Blockfolioz]

If that's possible what the use of having liability. The value of dollar will soon get lower than half the current valiue. Not only dollar, none of the paper money can be printed of the own without any backing. This is against the law as well this will completely keep themselves into negative thoughts.

[szpalata]

If that's possible what the use of having liability. The value of dollar will soon get lower than half the current valiue. Not only dollar, none of the paper money can be printed of the own without any backing. This is against the law as well this will completely keep themselves into negative thoughts.

Yes , you cannot eat you cake and have it back, the more  you print you are weakening its strength and inflation will also rise and crash your economy in due time if the right measures are not put in place. Its not just about printing m,ore money but about regulating the economy to make the money flow.

[darewaller]

Print more and more dollars will lead to the inflation and those present dollars will lose their price for real. So it's not just easy print more and more dollars like you said, you have to make a look at the market and economics. Printing dollars only happen when there was a lack of money for trading in the market.

Funny, you can’t print dollars. If it was easy, everybody would leave their job and just buy the machine to start print dollars whenever they need it. So since it’s impossible, no one can do it then. I don’t know if you have ever heard of what is a counterfeit? Any money that is not being printed by the central bank of the country is recognized as counterfeit. Originals are the ones that being printed by the central banks and you can tell the difference between it and the counterfeit.

[moanamakeway]

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Printing fiat is like printing documents on paper. But the thing is, for it to have value, it has to be equated with gold or something precious that is equivalent to the bill.

[Izarok]

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 will just lessen the value of the dollar. Unofficial printing of dollar is a federal offense and it can have some serious criminal charges if you are caught.

[nagatraju]

If the dollar would get printed it wouldn't have much value to it. They would be able to keep on printing with low cost to it. Meaning that the value of the dollar would go down...

[usorin]

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Usually to print money, you must have some assets of value that are reflected in the amount of money that you want to print, for example for 1 mil dollar the government must have some gold reserves.

[Allura74]

If we just print dollars, How we will survive for everydays life. There are a raised question. How we eat ? If people don't need to farm and fishing because printing dollars is easy and they don't need to work hard for money. So why we have government to control our economics in able to live fair.

Well we cannot  print dollar for our selves because it is a government property and and printing dollar is really prohibited only the central bank and the government has a capacity to do or make dollar.why?because dollar is sailed by the government to be valid to use by consumers and it is the way of the government to make controll on thier economy movement .

Well, That's right every country has a control of their money because the money of each country represents the country's economic status and all has been controlled and regulate by its central bank. Printing Dollars with our own is strictly prohibited that is sounds like a money laundering and it is all considered as fake money.