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Author Topic: Why not just print dollars?  (Read 30012 times)
Yakamoto
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July 07, 2016, 05:46:53 PM
 #261

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
That is just a dumb thing to do to print Dollar you are going to get caught with in no time of you do not know what you are doing.
How are you going to do it is one you will have to have some serious connection to make it possible.
he talks about the usa that prints the dollars and gets away with it easily and gets out of all the debts, thats why we have such a huge dollar inflation rate in my opinion
If I remember the inflation rate for the USD is 0.85%, which is actually quite small. Compared to the Chinese Renminbi, which is at 2% inflation, and the Russian Ruble which is at 7.3% inflation, <1% inflation is not bad for a large superpower and developed country.

The US, if it really wanted to, could just default on a majority of it's debts in the worst, worst case. It wouldn't necessarily destroy the currency, free the American government, however it would definitely be rough for getting debt again in the future.
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July 19, 2016, 04:21:33 PM
 #262

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
That is just a dumb thing to do to print Dollar you are going to get caught with in no time of you do not know what you are doing.
How are you going to do it is one you will have to have some serious connection to make it possible.
he talks about the usa that prints the dollars and gets away with it easily and gets out of all the debts, thats why we have such a huge dollar inflation rate in my opinion
If I remember the inflation rate for the USD is 0.85%, which is actually quite small. Compared to the Chinese Renminbi, which is at 2% inflation, and the Russian Ruble which is at 7.3% inflation, <1% inflation is not bad for a large superpower and developed country.

The US, if it really wanted to, could just default on a majority of it's debts in the worst, worst case. It wouldn't necessarily destroy the currency, free the American government, however it would definitely be rough for getting debt again in the future.

In the US, the government does not have default on its debt. There is no need, it will just inflate away the debt.
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July 19, 2016, 05:00:19 PM
 #263

The US, if it really wanted to, could just default on a majority of it's debts in the worst, worst case. It wouldn't necessarily destroy the currency, free the American government, however it would definitely be rough for getting debt again in the future.

In the US, the government does not have default on its debt. There is no need, it will just inflate away the debt.

And blow its economy to smithereens in the process. In short, you can't just take and inflate your debt

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July 19, 2016, 06:01:18 PM
 #264

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 cant print dollar whenever you want.  The main reason is that the more printed money in circulation, the more less value it will be.  So the government is just protecting the value of its currency.  Money-creation and growth in money supply is not bad in and of itself, but it must be based on economic fundamentals. If there is not a corresponding increase in the production of goods and services, then inflation will erupt, as too much money chases the same amount of goods and services and prices are bid up.

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praprata
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July 20, 2016, 09:18:20 AM
 #265

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
You are not going to be able to print Dollars it is a serious crime and you will need to know some serious people if you want to accomplish that.
You are just going to get your self caught because they can see it right away what is fake these day.


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July 21, 2016, 03:10:47 PM
 #266

Printing money causing bubble to grow more and more
until it burst..We must go back to gold standard!

The money printing by the FED through QE has created the oil price bubble. It is bursted now, taking down the world economy with it.
You are not going to be able to print money because they are going to get you with in no time so do not even try it.
You need to have some serious people around you if you want to even try it.
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July 22, 2016, 05:49:59 PM
 #267

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
You are not going to be able to print Dollars it is a serious crime and you will need to know some serious people if you want to accomplish that.
You are just going to get your self caught because they can see it right away what is fake these day.

It's actually quite easy to see if it's fake.  Look for the words "US Dollar" or something similar written on the note , that's a clear indicator it's fake money. 

"Give me control over a coin's checkpoints and I care not who mines its blocks."
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July 22, 2016, 08:03:36 PM
 #268

Inflation is the thing that can ruin a country. Just look how the former leaders of Zimbabwe put that country to waste.
Their currency is worth nothing, and the people are suffering every day.
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July 22, 2016, 08:12:42 PM
 #269

Inflation is the thing that can ruin a country. Just look how the former leaders of Zimbabwe put that country to waste.
Their currency is worth nothing, and the people are suffering every day.

This is happening in each country, but then in a much slower pace. Keep holding $100,000 for 10 years, and look how much your money will buy you things. I think after 10 years your $100,000 will decrease to $70,000-$80,000 when it comes to buying power. That's why saving for the long term isn't a wise idea.
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August 02, 2016, 04:10:52 PM
 #270

Inflation is the thing that can ruin a country. Just look how the former leaders of Zimbabwe put that country to waste.
Their currency is worth nothing, and the people are suffering every day.

This is happening in each country, but then in a much slower pace. Keep holding $100,000 for 10 years, and look how much your money will buy you things. I think after 10 years your $100,000 will decrease to $70,000-$80,000 when it comes to buying power. That's why saving for the long term isn't a wise idea.

I think so. The US dollar and many other currencies will devalue in the long term. Bitcoin will increase in value.
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August 06, 2016, 07:18:57 AM
 #271

That is what I am thinking before, if you will print more money no person will be poor.  Everyone can eat anything they want.   No one will be homeless.  No one will be hungry.  But wealth is not created by just printing money, it is only represented by it.   When our governments do print more money, we will have an  inflation.  And I heard before that every money that you print there is a corresponding fee for it. 
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August 06, 2016, 07:47:23 AM
 #272

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
I think this is an unlawful act. all actions that can harm a person can be punished.
I better work harder than making money by way improper.
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August 17, 2016, 07:28:10 AM
 #273

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
I think this is an unlawful act. all actions that can harm a person can be punished.
I better work harder than making money by way improper.

The US can print dollar unlimitedly as it has the strongest military power in the world. You have to lend it to them.
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August 17, 2016, 08:54:50 AM
 #274

he talks about the usa that prints the dollars and gets away with it easily and gets out of all the debts, thats why we have such a huge dollar inflation rate in my opinion

That is why we should convert our savings to some asset, which is protected from inflation. Gold is a good candidate. And it has delivered very good returns during the last 100 years. Hundred years ago, one oz. of gold was worth just $19.00. Now the same is worth $1,350. If I am not wrong, then no other asset has given similar returns.
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August 17, 2016, 12:32:25 PM
 #275

imagine reality as just like that, but with the gold standard removed and the values based on global power factors, so if we print more money, we lose overall power in a global economy, if the world all agreed to do the same, if would be a meaningless gesture because the market value of goods would change to match the new currency distribution and we would make twice as much and spend twice as much

Welcome to currency wars, bro
it is a great thing that such stuff does happen all the time, it gives people more chances to choose from different options so the world is not ruled by one thing only

 
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rio3233
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August 17, 2016, 12:40:47 PM
 #276

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.
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August 17, 2016, 12:45:04 PM
 #277

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar
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August 17, 2016, 03:02:47 PM
 #278

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?
I think this is an unlawful act. all actions that can harm a person can be punished.
I better work harder than making money by way improper.

The US can print dollar unlimitedly as it has the strongest military power in the world. You have to lend it to them.
.

You have the right idea but you assign agency to a non-actor.  "The US" doesn't print money - people do.  And yes, people print them on military bases.  If you are the general of a large military base and you aren't printing dollars there on the base, you are a fool. 

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August 17, 2016, 05:51:57 PM
 #279

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

If they will print more dollar then there will be more supply which means its value will be lessen. Printing more dollars cause inflation.People will have more money so they can buy more things and then the demand will increase and in effect the sellers will increase their price and all other things will increase also which causes the inflation.That is why they cannot just print the dollars easily because it will have a big effect in the economy.

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August 17, 2016, 06:50:29 PM
 #280

If we can earn dollar just only to print, many people will rich and just print the dollar to earn money. So money means nothing in this world, because everybody can easily get dollar.

Very appropriate, if that happens then the Dollar would not be applicable elsewhere. because everyone could get it easily without having to spend enormous energy. All the things that are very useful and meaningful in every people is something that is obtained from the results of the hard work. so this will not have a positive impact for the Dollar

If they will print more dollar then there will be more supply which means its value will be lessen. Printing more dollars cause inflation.People will have more money so they can buy more things and then the demand will increase and in effect the sellers will increase their price and all other things will increase also which causes the inflation.That is why they cannot just print the dollars easily because it will have a big effect in the economy.
Money always have an equal amount of gold reserves in the country whose currency they are. Therefore, you can print a lot of money, but because of their number may decrease their purchases of power. Ie the more paper money, the less product you can buy.
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