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Author Topic: Why not just print dollars?  (Read 29989 times)
arichikato
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December 31, 2017, 06:51:39 AM
 #601

the government dont want to print dollars mainly because of inflation and this can bring financial crisis.
Pixyoxx
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December 31, 2017, 07:20:29 AM
 #602

Printing dollors or for that matter any paper currency without any prior measures and reserves will end up creating inflation.
Inflation basically in a leyman's way, excessive availabilty of monetary assets which creates sharp decrease in its value. This means if there is over printing if any currency, its value decreases very sharply and now it will be less valued and what it can buy will be super marginal and minimal.

This is the reason a nation or government cannot directly print away their paper money. This is also the reason we have a mechanism for bitcoin generation. So that excessive coins are not created. Also we have a limit of maximum coins because of which inflation would never occur in bitcoin world.
cybersofts
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January 11, 2018, 10:19:22 PM
 #603

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.

bitcoin is opensource. which means anything can be changed. i don't think they will, but at some point the devs can decide to increase the coincap.
Bitcoin was invented originally to online as a data and the network work as peer-to-peer and fully decentralized. The bitcoin is very fast, secure, and offers global payments. Heck, bitcoin is now acceptable worldwide. if you can't see value in all of that you can find it nowhere in the world.
ilovestroberi
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January 11, 2018, 10:31:58 PM
 #604

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 can't be done. Because dollars or any kind of money is exchanged to the amount of gold that a Country holds. If it has less gold, there less dollars or money that will be printed.

Bitbitchy
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January 11, 2018, 10:42:36 PM
 #605

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
O right! Mine as much as we want. Cheesy. Controlled by no one, bound by nothing.
Palider
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January 11, 2018, 11:16:36 PM
 #606

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 cannot just simply print a currency. Printing too much money will cause inflation. Just like on products/goods, if the supply increases, the value of that product will decrease. It was the same thing with our currency, if the government prints too much money, it's value will have a lower value because all prices in our economy will increase.
Rajatruck
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January 11, 2018, 11:21:03 PM
 #607

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



Bitcoin is a perfect thing.





Plan B.

it is true that the bitcoin can not be printed by cons it can suffer 1 million fork ahah
biboy
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January 11, 2018, 11:24:42 PM
 #608

You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
O right! Mine as much as we want. Cheesy. Controlled by no one, bound by nothing.
If that is just that easy to print money so do we think there can be a balance in terms of money? They cannot just print money there are lot of studies and consideration first before doing money. Yah right, just make sure we have cryptocurrency in our bucket list so we can have more money if we want to.
furry04
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January 11, 2018, 11:28:40 PM
 #609

well imagine if everybody had enough money and no one was in need for it by printing it too much than no one would work for money and when we would be sick there won`t be any doctors why bother yourself to work when you got the cash  Undecided Undecided
Feduk
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January 12, 2018, 05:39:41 AM
 #610

Do you think they not?
Really assured dollar cost is about 8 cents.
People who has access to dollar printers use it fully.
balintong15
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January 12, 2018, 05:47:55 AM
 #611

Because if they print and print dollars and give to people, there will be no jobs and people will not strive hard and work hard to earn money because it will just give it to them.
Ryanpaul80
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January 20, 2018, 12:21:41 PM
 #612

You cant just print dollars because the miney experts will see that you just fake dollars and they will notica that it is just a print and it is fake
pogiparin
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January 20, 2018, 12:27:01 PM
 #613

When you print a lot of money, than the value of it decreases. In turn, this will cause a massive inflation. It is basic supply and demand. If the demand of printed money is the same and you increase the supply of it by printing, then the price of it decreases.  Furthermore, if you print many copies, the point of having money is diminishing.

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zngit
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January 20, 2018, 12:34:15 PM
 #614

The systems on making money is quite slowly to produce. The production of money is not by what your desire to produce it is basis to the terms and condition of country's terms on making money. Generally every nation is required to make money not too much because of the precious gold and others to use. So I think printing dollars is not by just printing but all about following the rules. And in addition nation can do it but they are the one to reap the consequences.
hshr0h3110world
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January 20, 2018, 02:40:52 PM
 #615

If you're saying to print it by yourself, of course it's impossible for it is an illegal act. But if you're referring to a government,  they still wouldn't just do that. Considering the law of supply and demand, if for example the government prints lot and lots of paper money, a huge percentage of population will have the capability to buy what they want. They will buy everything, and that's where their demand will burst up to the sky. As a result, there'll be a shortage in supply of goods and commodities. How will the market respond to this kind of situation? Simple as this, they will increase the prices of the commodities to provide sufficient funds to produce more products that the people demand. More money but prices also all went high. The purchasing power of money didn't changed at all
In a nutshell: More money, people's demand goes higher, market responds by increasing the prices, equilibrium is then again set.
Gotumoot
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January 21, 2018, 08:28:56 AM
 #616

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 can't just print them out you need to use some specific materials to print them , or should I say you cannot , and I know there is a sign that your dollar is not fake. And on the other hand that's why bitcoin is here though , to help us to be more easily because you can't and literally can't print them out.
RavenHood
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January 21, 2018, 09:40:09 AM
 #617

In my Opinion, Printing dollars is so impossible because there are laws every country regarding money. That illegal to print paper money. Imagine that if we are just print money or dollars, we don’t have a worker. We don’t need to finish the education. Who will do our foods, building? Who will be the one help us if we are sick? If that happens, money will destroy everything it will have a significant effect on the economy.
   
Semosuchi Tesongrato
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January 21, 2018, 08:37:30 PM
 #618

It seems that lot of people lack of the most basic economic concept!
The possibility to print money is exact the worst problem that fiat money has; everytime government print a dollar, all other lose a bit their value.
It's called inflation, and when it starts can be really devastating for the economy, as money becomes again what really is: just paper.
Please, study more.

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Dragon5
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January 21, 2018, 09:21:36 PM
 #619

Money is just paper now... Maybe we're bound to go back to some hard currency like golden or silver coins Wink they suffer no inflaton)))
francojon
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January 21, 2018, 09:32:19 PM
 #620

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.

Oh, my eyes are watering  Grin finally I saw a senior member of this forum saying that Bitcoin has no real value LOL
That may have been true at the beginning, but now it does have network value as you can exchange for many Alts that are backed up by real services.
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