olubams
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October 22, 2016, 09:40:16 PM |
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the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed
Same thing I always wondered when I was younger about countries going to borrow why not just print the hell of this currency but as I grow I started getting more and more convincing arguments about that. In addition to it losing value which is very bad, one of the characteristics of money is relatively scarce which will not be achieved when printing for everything needed couple with inflation when there is too much money in circulation. Another reason I have garnered is the cost of printing this currrwncy could actually be more than the value you are excpecting it might actually be cheaper to borrow...
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X-ray
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October 22, 2016, 10:29:22 PM |
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This can be done in next years if software and hardware technology advances. that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest
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xuan87
Legendary
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October 23, 2016, 01:37:04 AM |
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This can be done in next years if software and hardware technology advances. that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest when I was younger i thought, why don't just print a lot of money so the country will be richer, but after i grow up, i knew that the more money the country print the less value it will become, so to keep the economic to steady US can't just act recklessly by printing more dollar, they need to make sure their currency to be strong so it still can become the international currency
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Shady
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Life is a game, you either play it or get played.
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October 23, 2016, 02:07:16 AM |
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Bitcoin officially based everything around manufacturing products online in a secretive fashion because of anonymity filters.
In all honesty there's loads to gain that paper money won't offer. Yes there are banks...But nothing in comparison to how private internet a process payments.
No debit card or paper money is used for some purposes of Bitcoin, thus resulting in an extreme affair with digital assets.
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MingLee
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October 23, 2016, 02:23:14 AM |
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Bitcoin officially based everything around manufacturing products online in a secretive fashion because of anonymity filters.
In all honesty there's loads to gain that paper money won't offer. Yes there are banks...But nothing in comparison to how private internet a process payments.
No debit card or paper money is used for some purposes of Bitcoin, thus resulting in an extreme affair with digital assets.
It's probably been like that a majority of the time in the past and will continue to exist in that form for years to come. Digital assets and digital currencies will more often than not constantly be paired together more often than digital currencies and physical goods, and vice-versa.
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Zadicar
Legendary
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Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
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October 23, 2016, 06:28:21 AM |
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This can be done in next years if software and hardware technology advances. that is not going to be happening because technologies nowaday is just advanced enough to print these money but government strictly forbid because why? because it will make inflation toward dollar and make the currencies becoming valueless,and stupid would do this to be honest when I was younger i thought, why don't just print a lot of money so the country will be richer, but after i grow up, i knew that the more money the country print the less value it will become, so to keep the economic to steady US can't just act recklessly by printing more dollar, they need to make sure their currency to be strong so it still can become the international currency The more marketcap the more would it be stronger and also USD is already been considered as one of the most powerful currencies on the world which is being used on trading other currencies and its already a major pair so its means its quite strong as of today.
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arcanaaerobics
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October 23, 2016, 06:44:49 AM |
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the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed
Thank you! If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works.
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Xester
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October 23, 2016, 06:51:25 AM |
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I remember it asking my mom why they would not just print paper money so that there would be no poor people. And she also do not know why. She just said that if that happens then people would be lazy, no more plans, goals, nor dreams to pursue since we can get what we want easily.
In technical aspects, I forget the reason why. I just knew that in every paper money that they will print there is a corresponding gold to be paid at that particular institution that manage the money circulation.
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mindrust
Legendary
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Activity: 3248
Merit: 2435
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October 23, 2016, 08:12:36 AM |
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the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed
Common sense says this but It is not like that for a long time. If what you said was right, then we would have 1 ounce of gold = 10k$, maybe 20k$ right now. But as you see, that's not the case. There is something very very wrong, appearently. FED already printed huge amounts of money in the past and on the contrary of what common sense says, USD still gained value over everything in the end. A mobile app, a website; if you wait long enough, (with a little bit of luck) can profit billions of dollars in a few years. There are too much money which shouldn't have existed in the first place.
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Flyyyy
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October 23, 2016, 08:32:53 AM |
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Why not? can. But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people.
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PokerFace3
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October 23, 2016, 10:16:04 AM |
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Why not? can. But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people. This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that.
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tee-rex
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October 23, 2016, 06:20:29 PM |
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Why not? can. But it will kill the economy, which is already badly chvstvuet. Inflation is at a very high level, and will suffer all the people. This goes a long way to show that you are a good and patriotic citizen of your country. Printing dollar or any currency without actually working for the real value of it is really bad for any economy because people will surfer an untold suffering in the event some unpatriotic citizen venture into that. Printing excessive amounts of money is one of the ways to win a war. If a country is waging a war, the government often deliberately devalues the national currency, and historical evidence confirms this. The main reason behind such devaluations is to funnel as many resources on warfare as possible in the shortest available time. The government uses the newly printed money to basically expropriate valuable resources without actually going for forced massive expropriations that would quite naturally alienate population. How unpatriotic that might be everyone decides for themselves.
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saiha
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October 23, 2016, 11:40:14 PM |
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the more money is printed, the less they are worth. You can not just print money. Their value should be less than the confirmed
Thank you! If printing money is the answer for something, it would have already been done... Sometimes I laugh here but in this way OP and others know how the things works. Well this is what I am thinking when I was younger to buy the paper / material that is being used for print money and I don't know what comes to my mind when I was 7 year old. Maybe I am just dreaming to be a rich boy someday and don't need to work for it, that is printing money is not just we are thinking. It is a heavy responsibility of a country to monitor it because it will make the economy affected.
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Vires in Numeris
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raja2sumi
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Activity: 70
Merit: 10
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December 30, 2016, 03:45:56 PM |
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Actually you are talking about bitcoins which is yet to happen all over the globe and if it happens it will decrease kf commodities to a large extend and everything will be cashless.
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antonioa
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December 30, 2016, 04:50:03 PM |
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Government constantly prints money in secret from the people. And then says that the high level of inflation
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Kasabus
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January 14, 2017, 01:21:59 PM |
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Government constantly prints money in secret from the people. And then says that the high level of inflation
How the government print money?If that so,why they are still borrowing money from the bank.I just thought why just i could print money on my own so that i can have money that easy.Talking about dollars about printing,i hope i can do that,so that i dont have to work hard just to earn money , just print many dollars.
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Xester
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January 14, 2017, 01:41:48 PM |
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Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value.
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deisik
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Merit: 1280
English ⬄ Russian Translation Services
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January 14, 2017, 01:46:46 PM |
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Printing money is not that simple it has to follow some regulations. Before a country print money they should or only allowed to print a certain amount of money according the gold back-up in their treasury. But even though a country like Japan has who has the capacity to produce more money doesnt print it, its because limiting the production of money is a way to sustain the society. If all people have more money people will no longer work and will have no passion for work. Aside from that if a country just prints money then that money will be now useless and lost its value I'm curious how long you are going to repeat this nonsense Money in today's economies is created mostly by commercial banks (as well as destroyed), not by central banks themselves (though Central banks still keep the monopoly of printing paper bills and minting coins). They can regulate how much money commercial banks are able to create by employing different financial policies aimed either at expanding money supply or contracting it (e.g. through interest rates, reserve requirements where applicable, etc), but this has nothing to do with gold reserves of the country
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digaran
Copper Member
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Activity: 1330
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🖤😏
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January 14, 2017, 02:01:05 PM |
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I think there are only 3 countries in the world with printing authority and the means for it and if you think your country is printing your currency then you are just wrong, you didn't think that the giants of cash would allow anyone to print money in their basements did you? Each country only designs the looks of their money and pays a fee to UK & USA and asks nicely to print their money for them, while people simply ignore the huge advantage of bitcoin which is giving freedom to every individual and enabling them to print their own money.
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🖤😏
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Sithara007
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Leading Crypto Sports Betting & Casino Platform
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January 14, 2017, 03:01:24 PM |
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Government constantly prints money in secret from the people. And then says that the high level of inflation
Do you have any proof for this outrageous claim? There are audits performed on the banknote printing by multiple agencies several times a year. It is simply not possible to print money in secret.
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