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Author Topic: Why not just print dollars?  (Read 30049 times)
justspare
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July 24, 2017, 11:13:24 PM
 #421

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.
It is not about government and laws which is allowing central bank. If they are printing a lot of money. Then the value will be decrease by this method the economy of the USD will be drop down. Which will never gain the power once again because of a lot of printing USD. So i would like to tell you that if USD maintain their balance then it will grow more all around the world.
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July 26, 2017, 02:05:34 PM
 #422

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 cant just print as much dollars as we want. Every bank note should be backed up with corresponding gold value. If you'll print more notes than the number of gold reserves, the value of the note would depreciate and may lost their value. Dollar without back up gold reserves would be just an ordinary paper. It has happened before when a country had printed more money than their gold reserves and their economy crashed. It was called "mickey mouse money" if im not mistaken.
Kronos21
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July 26, 2017, 02:13:50 PM
 #423

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 cant just print as much dollars as we want. Every bank note should be backed up with corresponding gold value. If you'll print more notes than the number of gold reserves, the value of the note would depreciate and may lost their value. Dollar without back up gold reserves would be just an ordinary paper. It has happened before when a country had printed more money than their gold reserves and their economy crashed. It was called "mickey mouse money" if im not mistaken.
Lol! News for you that the dollar is not provided by gold for a long time! It's a well known fact. You can be certain of. America does not accept dollars printed until 1926. This is not because the current banknotes are better protected against counterfeiting. This is because those notes says that they are provided with gold and diamonds.
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July 31, 2017, 11:27:56 PM
 #424

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

For your information, if you print dollars that will result to extreme inflation thus, making the value of money lower compared before. Even if it may seem a good idea, this is will eventually destroy the economy of one's country. Take a look at Zimbabwe, they have extreme inflation and the value of their paper money is around "one hundred trillion dollars" (check it on the internet) but in reality, it's just less than a dollar. Always remember the law on demand and supply because this is perfectly relevant to your question.
Logical explanation bro! I agree with you that printing dollar will simply dump its value badly. Dollar will lose all it’s worth resulting in extreme inflation. This will automatically destroy the economy of the state.
It’s absolutely a bad idea to print too much dollars.
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July 31, 2017, 11:40:55 PM
 #425

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

Why borrow dollars and then pay back by printing them?

Why take the long way around?

It ia just like planting a wheat in the middle of the storm or buying a luxury car and driving it in a deep blue sea. In the end it is nonsense. You just or the government wasting their time, effort and money to do that. And if it will happen the value of the money become low and goes to nothing.

freeyourmind
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August 01, 2017, 02:02:28 AM
 #426

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.

I don't believe there's any restriction on what the federal reserve can print.  During QE3, they were printing $80 billion per month.  The CPI which I consider bullshit, didn't even move much.  But the money goes straight to the banks and Wallstreet and the wealthy elite benefit from it.
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August 01, 2017, 04:16:14 AM
 #427

I think if you print dollar, you will become a rich without working hard, you need to know the value of life ,if life getting easily you will not know how hard life is,as simple as you do not know the true meaning of being happy if you will not be sad. So give value of dollar.
BingoDog
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August 01, 2017, 05:48:32 AM
 #428

Yeah, why wouldn't we all just print money in our homes and have as mush as we need. Things are not that simple. There were some examples in history where some countries have printed their currencis and made horrible mess in their economies. Just printing money causes economic devastation and break down at the end whic can't be recovered that soon.

malaj
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August 01, 2017, 06:20:35 AM
 #429

Yeah, why wouldn't we all just print money in our homes and have as mush as we need. Things are not that simple. There were some examples in history where some countries have printed their currencis and made horrible mess in their economies. Just printing money causes economic devastation and break down at the end whic can't be recovered that soon.

The first one to print money and have it backed by force (a military) wins.  Any money that is printed and backed by nothing is counterfeit.  Just because one group of people say they are legit doesn't make it any different.  They print money and get rich by enslaving others.  You print money and you go to jail.  That's how the game works.
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August 01, 2017, 08:01:36 AM
 #430

Cryptocurrency that will make you print money in accordance with the currency you want, without special materials to print it, that's what the latest revulsion in this world.
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August 01, 2017, 04:26:57 PM
 #431

There is a certain amount of money that need to be release in a particular country or government. The government set some rules the monetary policy regarding the printing of monetary materials or instrument or currency itself. Supply of money should be control or monitor in order to have a proper flow of government or economic.

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mobilestrike
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August 01, 2017, 04:34:12 PM
 #432

Cryptocurrency that will make you print money in accordance with the currency you want, without special materials to print it, that's what the latest revulsion in this world.

Yes we can see such future with the increased use of digital currencies worldwide. I don’t think so with such opportunities available, there is any need of printing paper money. Minting paper currency is not an easy task. Besides the more currency printed, the lesser is its value.
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August 01, 2017, 10:50:30 PM
 #433

The state can't just print dollars or any other local money. It's in the law that there's no way for the central bank to print unlimited money. The more supply of cash in the society, the lower value of their currency is. The logic of this is like bitcoin, 21 Million supply and look we are near to reach 21 M soon and the price is too big already.
Why not? The US government is doing it all the time for the last years. It is kinda abusing the fact that the US dollar is world's reserve currency and you cant print a new ones in reasonable measures (but it is still pretty bit amounts) without having hyperinflation. The other countries simply can't afford it because it will kill their economy.
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August 01, 2017, 10:53:19 PM
 #434

Why borrow dollars and then pay back by printing them?

Why take the long way around?

They deliberately attempt to devalue their national currency in order to allow corporate entities to benefit further from exportation.

The downside of this strategy means the average consumer has less buying power.

Its a pro corporate policy intended to boost private sector profits.

Currency devaluation is the goal, the excess borrowing and printing is intended to accomplish this.

There are also conspiracy theories which say: the true end game is to transform the entire world into the unfortunate state venezuela has become. Any country bankrupt with a weak economy could deteriorate into similar conditions. Which could allow a state to step in and declare martial law. Then later: communism.
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August 02, 2017, 09:34:51 PM
 #435

The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you

Exactly brother. As long as they print more money than the usual the more the money gets less valuable. The supply of paper bills goes high while the demand will be less because of the supply. The logic here even though they can print more paper bills, they will not do that because it just gets less valuable.
In fact, all is not so simple. In many countries inflation is much higher and the local population uses the dollars to save their funds. This restrains inflation in America and so the American government can afford to print dollars in huge quantities without fear of inflation.

Most of the money supply increases don't even come from the Federal Reserve but from fractional reserve banking. Banks take deposits and loan a fraction of it out, but the full amount is payable on demand to the depositor. There is now more money in the economy because of this, the physical currency exists that has been lent out, and the hypothetical currency the depositor can withdraw and counts as an asset. If the borrower uses his loan to increase the goods or services in the economy, the added growth pays back the loan and the money created in this system is warranted. If he defaults, that money disappears from the economy. When this happens on large scales, banks fail and we have a recession.

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August 02, 2017, 09:55:33 PM
 #436

Money contain gold dust the bigger so the high value money contains more gold dust. In my county to create a 1 php or 1 piso bil  to create that you nid 3 piso so government limit the print of money coz there are losing money. You can not just print money if you want. Money contains gold dust so their have a value try to print a money with out gold it is worth less it is just a paper no value.
I agree you, money is just a piece of paper without gold behind it. Gold gives it value and it is main factor. Of course money don't depends absolutely on gold, economy plays an important role also. Despite good economy, just printing money will decrease it's value because paper is more and gold is less, it's like more device and less electricity.

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August 02, 2017, 11:31:25 PM
 #437

You must always have room for improvements. If you want improvements the  do not stick to the old ways but rather embrace new things. Just like bitcoin, there maybe some lapses but we know that it is valuable to us. We also live in a modern technology so its possibls to live a cashless society. No printed fiat only digitals. And bitcoin would be one of those currencies i think.

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August 06, 2017, 09:02:14 AM
 #438

The dollar is now worthless. They printed a huge amount and if all the people who have them or even half of them want to sell their dollars then the us economy will collapse like a house of cards. Bitcoin is a good way to withdraw their investments from the dollar.
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August 06, 2017, 09:16:34 AM
 #439

They cant just print money.
The number of US dollar for example is being counted everytime they print.
If there will be too much then I am sure the value of it will go down.
I remember US is trying to make people spend their money. Too much have been saved in banks or self saving at home. So the number of fiat flowing is getting limited. Sure it became valuable but what will they use for circulation?
That is the vice versa of bitcoin. After the 21 million mark then nothing can be created anymore. It will just circulate until even 1 satoshi is so valuable. That will be like billions of satoshis.  Grin

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August 06, 2017, 09:39:54 AM
 #440

That will probably result in inflation since you print more money and add up on the current money supply. Like how the government in Zimbabwe printed more money and made their currency practically worthless. Same applies to any fiat and bitcoin, as it is, is not affected.
Yup, in Zimbabwe when you want to buy a bread. You have to pay more than 1 Billion of Dollar Zimbabwe to buy one bread. Which is really ridiculous to see when you have lot of money (OP said to print dollars). It will result in inflation and money value of that country will be decreased.

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