Why not just print dollars?

[Palider]

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

We cannot just simply print a currency. Printing too much money will cause inflation. Just like on products/goods, if the supply increases, the value of that product will decrease. It was the same thing with our currency, if the government prints too much money, it's value will have a lower value because all prices in our economy will increase.

[Rajatruck]

the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.org


and, it's real value !  



Bitcoin is a perfect thing.





Plan B.

it is true that the bitcoin can not be printed by cons it can suffer 1 million fork ahah

[biboy]

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

O right! Mine as much as we want. . Controlled by no one, bound by nothing.

If that is just that easy to print money so do we think there can be a balance in terms of money? They cannot just print money there are lot of studies and consideration first before doing money. Yah right, just make sure we have cryptocurrency in our bucket list so we can have more money if we want to.

[furry04]

well imagine if everybody had enough money and no one was in need for it by printing it too much than no one would work for money and when we would be sick there won`t be any doctors why bother yourself to work when you got the cash 

[Feduk]

Do you think they not?
Really assured dollar cost is about 8 cents.
People who has access to dollar printers use it fully.

[balintong15]

Because if they print and print dollars and give to people, there will be no jobs and people will not strive hard and work hard to earn money because it will just give it to them.

[Ryanpaul80]

You cant just print dollars because the miney experts will see that you just fake dollars and they will notica that it is just a print and it is fake

[pogiparin]

When you print a lot of money, than the value of it decreases. In turn, this will cause a massive inflation. It is basic supply and demand. If the demand of printed money is the same and you increase the supply of it by printing, then the price of it decreases.  Furthermore, if you print many copies, the point of having money is diminishing.

[zngit]

The systems on making money is quite slowly to produce. The production of money is not by what your desire to produce it is basis to the terms and condition of country's terms on making money. Generally every nation is required to make money not too much because of the precious gold and others to use. So I think printing dollars is not by just printing but all about following the rules. And in addition nation can do it but they are the one to reap the consequences.

[hshr0h3110world]

If you're saying to print it by yourself, of course it's impossible for it is an illegal act. But if you're referring to a government,  they still wouldn't just do that. Considering the law of supply and demand, if for example the government prints lot and lots of paper money, a huge percentage of population will have the capability to buy what they want. They will buy everything, and that's where their demand will burst up to the sky. As a result, there'll be a shortage in supply of goods and commodities. How will the market respond to this kind of situation? Simple as this, they will increase the prices of the commodities to provide sufficient funds to produce more products that the people demand. More money but prices also all went high. The purchasing power of money didn't changed at all
In a nutshell: More money, people's demand goes higher, market responds by increasing the prices, equilibrium is then again set.

[Gotumoot]

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 can't just print them out you need to use some specific materials to print them , or should I say you cannot , and I know there is a sign that your dollar is not fake. And on the other hand that's why bitcoin is here though , to help us to be more easily because you can't and literally can't print them out.

[RavenHood]

In my Opinion, Printing dollars is so impossible because there are laws every country regarding money. That illegal to print paper money. Imagine that if we are just print money or dollars, we don’t have a worker. We don’t need to finish the education. Who will do our foods, building? Who will be the one help us if we are sick? If that happens, money will destroy everything it will have a significant effect on the economy.
   

[Semosuchi Tesongrato]

It seems that lot of people lack of the most basic economic concept!
The possibility to print money is exact the worst problem that fiat money has; everytime government print a dollar, all other lose a bit their value.
It's called inflation, and when it starts can be really devastating for the economy, as money becomes again what really is: just paper.
Please, study more.

[Dragon5]

Money is just paper now... Maybe we're bound to go back to some hard currency like golden or silver coins they suffer no inflaton)))

[francojon]

the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.org

and, it's real value !  

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.

Oh, my eyes are watering  finally I saw a senior member of this forum saying that Bitcoin has no real value LOL
That may have been true at the beginning, but now it does have network value as you can exchange for many Alts that are backed up by real services.

[Brunus]

Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?

[edward1105]

I think that the more they print dollars the more they create their own debts and the value of the dollar will keep decreasing.

[DPrillio]

Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?

Yes, printing money without authorization of central bank is illegal or act of stealing and it makes you goes to prison, because every country's money represents the current assets of the country and it always be regulated by the central bank. Even the government cannot easily print money and give it to its people to make there life at ease for the reason that if all the people in a country has lot of money then the supply of goods will decrease because they already more capable of buying things so the demands is more increasing so the tendency is prices will goes more high.

[Cryptophorus Columbus]

Well... I'm a little aged, and to see how difficult is for people to understand some basic principles is very hard.
Money - any kind of money: dollar, bitcoin, euro, or whatever you consider "money" - it's a REPRESENTATION of value, it's just a symbol.
I mean: if you win a competition at the olympic games, you get a golden medal.
But if you buy/steal/find a golden medal, it doesn't mean you are a champion!!!!
Is it so difficult to understand?

Yes, printing money without authorization of central bank is illegal or act of stealing and it makes you goes to prison, because every country's money represents the current assets of the country and it always be regulated by the central bank. Even the government cannot easily print money and give it to its people to make there life at ease for the reason that if all the people in a country has lot of money then the supply of goods will decrease because they already more capable of buying things so the demands is more increasing so the tendency is prices will goes more high.

Actually, who prints illegally money are just governments, because - as any economy student knows - it's a common way to put an hidden tax by rising inflation. Now there is more control from International Monetary Fund, but the temptation to print money to "solve" something is always present

[francojon]

...

There's an argument, that I have seen explored a little at Zero Hedge, that printing money would be better than taxation.

This is an exotic argument that I have not had a chance nor even the ability (yet) to properly wrap my brain around with it.

A first thought:

Eliminating taxation, of course, would likely anger the poor (they pay low taxes, except various consumption taxes).  Envy and resentment would likely prevent this idea of eliminating taxation altogether.

*   *   *

I am already convinced that gold ought not be linked to currency (that is, no "Gold Standard").  A Gold Standard would function poorly IMO.  Gold's best and highest value use is as a Store of Value.

Gold <> Money in that sense.  Most define money as roughly filling three roles: Unit of Account, Medium of Exchange, and Store of Value.  But, we are perhaps soon at the point of monetary failure, the US$ will not (cannot) fulfill those three roles of "money".

Indeed printing money is a way of unavoidable taxation, but that tax is unevenly spread as cheap money favours the debtors over the lenders and that is something that most governments are not willing to accept.