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Author Topic: Why not just print dollars?  (Read 26150 times)
greBit
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December 18, 2015, 08:04:24 PM
 #81

It is one of the reason why lenders should just loan money, but ask for guarantees. Hard agreements that guarantee they will get their money back with the same value.

Since the debt is growing and growing, it will 100% be (party) paid by new printed dollars..

Yes that's the only way for them to get out of the debt and repay the money back this thing is surely gonna happen soon. They might adopt some crypto coins like Bitcoin.
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December 18, 2015, 08:13:11 PM
 #82

What do you think if people just print money? The fiat money won't be that worth anymore.
That is why people just don't print money the economie will just collaps.
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December 18, 2015, 08:13:54 PM
 #83

It is one of the reason why lenders should just loan money, but ask for guarantees. Hard agreements that guarantee they will get their money back with the same value.

Since the debt is growing and growing, it will 100% be (party) paid by new printed dollars..

Correcto, but the problem is the lenders, don't ask for guarantees at all. Just pay us our money back with interest. If the total is less then today, we don't care.

That's just plain stupid right? They have done this for years and they will keep doing this, until their economy collapse..

Yes that's the only way for them to get out of the debt and repay the money back this thing is surely gonna happen soon. They might adopt some crypto coins like Bitcoin.

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December 18, 2015, 09:03:47 PM
 #84

It is shamefull that they are not forced to cut cost like every company should do. Because there is a monopoly on money they abuse it.
Remember that this won't last, eventually they are caught up with reality.
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December 18, 2015, 10:07:41 PM
 #85

This post is interesting because it brings up an important point.
In the United States 97% of money is generated through fractional reserve banking, this means that only 3% of money is cash.

So if everyone in the United States demanded their money in cash, this would reveal the truth. There simply isn't enough cold hard cash, to back up the digits on the computer.



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December 18, 2015, 10:31:30 PM
 #86

it is against world system think ,if i have machine for to print dollars and we think it is legal and everyone will print dollars who will work and who will do someting stuff for food for drink
, i m sure no one want to work and and just take a rest and will watch tv and will use their machine
What a beautiful life Smiley i wish that but it will be not working in this world system
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December 19, 2015, 12:52:49 AM
 #87

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

and, it's real value !  Cheesy


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.

What is money? Dollars/euros etc don't have value either.   
Even gold and silver don't really have value unless you want to build a smartphone or computer or something.     

Real value is in food, clothes, luxury items like cars, things you can use.       

Gold and currencies only have value for as long as people are willing to trade real wealth for it. In that sense Bitcoin is as real as any other currency.
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December 19, 2015, 01:31:05 AM
 #88

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

and, it's real value !  Cheesy


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.

What is money? Dollars/euros etc don't have value either.   
Even gold and silver don't really have value unless you want to build a smartphone or computer or something.     

Real value is in food, clothes, luxury items like cars, things you can use.       

Gold and currencies only have value for as long as people are willing to trade real wealth for it. In that sense Bitcoin is as real as any other currency.

I think you're confusing "value" with "utility." Utility and value are closely correlated, but they are different. Gold, silver, fiat, and crypto all have value when any person decides it does and will trade something else for it.


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December 19, 2015, 07:33:04 AM
 #89

Why borrow dollars and then pay back by printing them?
Because it weakens the people from whom you are borrowing at least when you borrow billions/trillions.
you have the satisfaction that you would eventually print it and repay in some gazillion centuries but in the meantime you would remain the super power or stop others to become one.
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December 19, 2015, 08:19:53 AM
 #90

This post is interesting because it brings up an important point.
In the United States 97% of money is generated through fractional reserve banking, this means that only 3% of money is cash.

So if everyone in the United States demanded their money in cash, this would reveal the truth. There simply isn't enough cold hard cash, to back up the digits on the computer.

the digits on the computer, is even more fake than the debts they are increasing by printing more, they just need a click to change the vlaue on your account

but those money actually does not exist
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December 19, 2015, 10:31:59 AM
 #91

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
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December 19, 2015, 10:50:11 AM
 #92

This post is interesting because it brings up an important point.
In the United States 97% of money is generated through fractional reserve banking, this means that only 3% of money is cash.

So if everyone in the United States demanded their money in cash, this would reveal the truth. There simply isn't enough cold hard cash, to back up the digits on the computer.

If that were to be the case, the Central Bank (which is the Fed in the case of the US) would just print the required amount of cash. But it is simply impossible per se because companies (the major owners of the "digits on the computer") are not allowed to deal in cash (down to a very small limit for retailers). The truth is that the term itself ("fractional reserve banking") is a misnomer...

Since it shifts focus from the important to the insignificant

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December 19, 2015, 10:51:51 AM
 #93

If the dollar can print the printers will be hight price and we will see new wars for printers Smiley
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December 19, 2015, 10:53:43 AM
 #94

If it really was that easy, don't you think they would've done that already? There are a lot things that comes with printing dollars. They could print to infinity to dollars but it wouldn't be worth much anyway. That's why they don't do it. All they do is just create more debt for themselves and future generations to come.

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December 19, 2015, 11:08:33 AM
 #95

This post is interesting because it brings up an important point.
In the United States 97% of money is generated through fractional reserve banking, this means that only 3% of money is cash.

So if everyone in the United States demanded their money in cash, this would reveal the truth. There simply isn't enough cold hard cash, to back up the digits on the computer.

the digits on the computer, is even more fake than the debts they are increasing by printing more, they just need a click to change the vlaue on your account

but those money actually does not exist

You could just as well say that money itself doesn't exist as a physical entity. As I always say in such circumstances (wow), money is what money does (the lesson to take home) as opposed to what money is represented by (digits or no digits)...

Because money is a function, not a thing

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December 19, 2015, 12:06:22 PM
 #96

This post is interesting because it brings up an important point.
In the United States 97% of money is generated through fractional reserve banking, this means that only 3% of money is cash.

So if everyone in the United States demanded their money in cash, this would reveal the truth. There simply isn't enough cold hard cash, to back up the digits on the computer.

the digits on the computer, is even more fake than the debts they are increasing by printing more, they just need a click to change the vlaue on your account

but those money actually does not exist

You could just as well say that money itself doesn't exist as a physical entity. As I always say in such circumstances (wow), money is what money does (the lesson to take home) as opposed to what money is represented by (digits or no digits)...

Because money is a function, not a thing


Those digits can be changed by anyone who has access. Representation does matter

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December 19, 2015, 12:15:16 PM
 #97

if printing dollar is that easy, i thought there will be no more people going to sell stuff

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December 19, 2015, 04:19:08 PM
 #98

You could just as well say that money itself doesn't exist as a physical entity. As I always say in such circumstances (wow), money is what money does (the lesson to take home) as opposed to what money is represented by (digits or no digits)...

Because money is a function, not a thing

Those digits can be changed by anyone who has access. Representation does matter

And so what? Cash can be counterfeited too. And guess what, it does actually get counterfeited! But I have never (read again, never) heard that those digits got changed by someone not authorized to do so. In fact, they just can't be changed the way you think, and, I'm afraid, that system, technically, doesn't work as you fancy it...

You seem to have taken this locution (money as digits on some obscure server) a way too literally, lol

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December 20, 2015, 05:54:48 AM
 #99

if printing dollar is that easy, i thought there will be no more people going to sell stuff

Printing dollar is much easier than you would imagined.  FED just printed several trillion dollars and no one feel something is wrong, simply because they keep all the printed money in their closet, to be used at a later time when people's focus are not on them anymore

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December 20, 2015, 06:09:06 AM
 #100

Yes, they are printing dollars. They have a lot of meetings and pass new legislation. What they need to issue the printed dollar is to find a good reasons to avoid public accusation.
if printing dollar is that easy, i thought there will be no more people going to sell stuff
Printing machines is controlled by a few people. The masses cannot do anything.

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