Why not just print dollars?

[volleyballslender6]

I don't like the idea much because I don't see any differences in digital and paper printings

[brylle34]

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 government and powerful bankers established a system in 1913 that typically works like, Every dollar of the monetary base (narrow money or high-powered money) comes into existence with a one to one increase in the public debt, collectively owed by the taxpayers. Then, private banks use that base to create more dollars (in broad money) that come into existence with a one to one increase in private debt. the other way, if people in the private sector ever paid off all of their debts, and the federal government paid off all of its bondholders, then the supply of US dollars would be virtually extinguished. This is the sense in which our fiat-money, fractional-reserve system uses debt-based money. Although market prices are flexible and can react to deflation much better than most people realize, it is still true that our system is tragically absurd, credits to mises.org. The conclusion of this is that almost all the government policies in terms of banking system are a big inferior that is why bitcoin is the solution of this banking system.

[Bitlord88]

I think if the government just print and print infinitely then the value of Fiat money would definitely drop or devaluate. It would do no good and the prices of commodities and all stuff would definitely go up in proportion. I also think the amount of printed money can only be judged by the current state of the economy or the gold reserves of a country.

[Falmera]

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.

I like your explanation. You are correct. The value of bitcoin is not fix. It may change from time to time. Its value could be so high and suddenly will drop. Unlike the dollars or other fiat money that its value is not that volatile as the bitcoin. And based on my observation, printing paper money is based on the country's economy.  The more paper money printed the more devaluated it will be.

[torch2121]

The reason is that printing more money doesn't increase economic output. What it cause is inflation. Who would thought that printing money could create more problems than it solves. So if we want dollars. Let's just exchange our Bitcoin to paper money.

[lantan81383628]

Under the credit currency system, exceeding the number of currency in circulation economy caused by the actual needs of currency devaluation and comprehensive and continuous price level rises, in a more popular language is: in a given period of time, the general price level in a given economy continues to grow, resulting in a sustained drop in purchasing power of money.

BTC perfectly controls inflation, which is the real value of BTC.

[mstfprcn]

What has the bigger value? Something that's common everywhere or something rare found in a very few places? I think you see where I'm going with this. Also, that's how inflation works, you just print out money and it becomes worthless.

[rhamdy]

Because the more dollars you print, the lesser its value will be. It's like the law of supply and demand when we have so much supply of something, its value will be lesser whereas when a supply is lesser and demand is higher then the price would surge up. More printing of dollars means more money and the result would be inflation

Yes, I totally agree with your parable. Instead, I agree more with lower inventory and higher demand. Because this can cause the price can actually rise very high.