Lupus Solitarius
Member
Offline
Activity: 273
Merit: 11
|
|
January 25, 2018, 11:48:05 PM |
|
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...) There is no sense to give an answer, moreover that other people have already explained what the problem would be.. But really, I think that school should be implement at least a basic economics course from the first year of learning.
|
|
|
|
Andrej Peiboski
Member
Offline
Activity: 350
Merit: 12
|
|
January 26, 2018, 11:01:15 AM |
|
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...) There is no sense to give an answer, moreover that other people have already explained what the problem would be.. But really, I think that school should be implement at least a basic economics course from the first year of learning.
I agree, but I supect that governments keep deliberately people in ignorance about economic topics. As Hery Ford stated, if population understood econony, they would start immediately a revolution. So, in the meanwhile I agree with you, I'm very skeptic about the real possibility this will happen.
|
|
|
|
Myangel20
Newbie
Offline
Activity: 15
Merit: 0
|
|
January 26, 2018, 11:55:35 AM |
|
I think its not a nice thing to print dollars. If we all can print dollar. No people will farm our foods or work in factory or other business.
|
|
|
|
fitty
|
|
January 26, 2018, 11:59:24 AM |
|
Printing dollars or any kind of money has a corresponding consequences and facts you need to consider,for what i know the banks need same valued golds till they print the paper money (this is what my friend says and he is working on abank).But in short printing dollars carelessly will result to all negative
|
|
|
|
chickenado
|
|
January 26, 2018, 12:15:24 PM |
|
Well, this kind of questions make me smile, but make me also to realize how little the average guy knows about economy (and I suspect that at least 80% of people would agree that to print more money could be a good idea...) There is no sense to give an answer, moreover that other people have already explained what the problem would be.. But really, I think that school should be implement at least a basic economics course from the first year of learning.
I agree, but I supect that governments keep deliberately people in ignorance about economic topics. As Hery Ford stated, if population understood econony, they would start immediately a revolution. So, in the meanwhile I agree with you, I'm very skeptic about the real possibility this will happen. we cant really print dollar because dollar is sailed by the government and thier central bank so then of we just print our own dollar we will be punished by the police in prison because you dis obey the law and you can really make a payment on that dollar is not just a paper it is a money that has a corresponding value that sailed by the government.
|
|
|
|
CarnagexD
Sr. Member
Offline
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
|
|
January 26, 2018, 12:19:19 PM |
|
Well, that is not how it goes. You can not just print money as many as the government wanted. It will break the balance of exchange, Printing of money depends on the gold or dollar reserves in the world bank. That is why normal currency is centralized and controlled by security and exchange laws. Production of physical money goes through a systemic process before it is done.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
carlisle1
|
|
January 26, 2018, 12:20:16 PM |
|
In order to print or make your own money you need to build an audience that will trust and accept it. Any tender legal or otherwise only has value because a certain group of people put value in it.
at the end of everything,still printing more than needed wasn't applicable,if we print more than what the circulation demands.the value of the currency will drop ans sooner will go.because everyone has money by overprinting.so better not to bother thinking about this.and lets just do our part here in crypto
|
|
|
|
Lupus Solitarius
Member
Offline
Activity: 273
Merit: 11
|
|
January 26, 2018, 08:58:17 PM |
|
When I see this kind of questions, I understand why it is so easy for politicians to deceive the citizens. I think it's should be our duty - in the meanwhile we are promoting bitcoin - to take any occasion to explain the basics of the economy. In our own interest.
|
|
|
|
ASHLIUSZ
|
|
January 26, 2018, 09:02:43 PM |
|
Just think of our bitcoin, the interesting thing about bitcoin is the limitations in the number of coins to be mined. Same is with the dollar, if they print of their own and distribute it won't have value same as that it have. When something is available beyond the necessity it'll be valueless.
|
|
|
|
taeewo
|
|
January 26, 2018, 09:05:41 PM |
|
They will definitely be an inflation when there is too much printing..
|
|
|
|
Ronaldcoin2017
|
|
January 26, 2018, 09:25:09 PM |
|
They will definitely be an inflation when there is too much printing.. Well we cannot really just print a dallor because dollar is a government property anf it should be sailed by the government and there is really a sailed to its validity maybe we can print dollars but it is no value because it is just a ordinary paper while the government dallor is really the true dollar we can really print dollar but it is called fake because it is not from the government.
|
|
|
|
avoroch
Jr. Member
Offline
Activity: 32
Merit: 1
|
|
January 26, 2018, 10:46:39 PM |
|
Are you serious? We discuss here legal issues only
|
|
|
|
Frustrated
Newbie
Offline
Activity: 25
Merit: 0
|
|
January 26, 2018, 11:04:10 PM |
|
Printing dollars is bad for the economy. Too many dollar circulating in the market is not good. And if anyone can print dollar. Noone will work. Everybody will print dollars to spare.
|
|
|
|
Sled
|
|
January 27, 2018, 01:44:06 AM |
|
They will definitely be an inflation when there is too much printing.. Well we cannot really just print a dallor because dollar is a government property anf it should be sailed by the government and there is really a sailed to its validity maybe we can print dollars but it is no value because it is just a ordinary paper while the government dallor is really the true dollar we can really print dollar but it is called fake because it is not from the government. If we will just print dollars then it will be a huge problem for us and not only to the government. We can experience a worthless fiat or currency because the inflation will be a huge problem so that is why the regular currencies are not the best to use for the future because they are exposed in inflation and the trust of the people are the only reason why it have a value.
|
|
|
|
Semosuchi Tesongrato
Member
Offline
Activity: 546
Merit: 33
Rasputin Party Mansion
|
|
January 28, 2018, 12:59:27 AM |
|
Well, when I sustain that there is a big need of general financial education, it seems that I have good reasons... It's not worth to answer of course; all what I can say is: go on wikipedia and search the word "inflation".
|
|
|
|
selectaselectine
Member
Offline
Activity: 235
Merit: 16
I-CHAIN - The Revolution of Digital Advertising
|
|
February 08, 2018, 05:34:34 PM |
|
By asking such question, it seemed to me that you lack knowledge when it comes to economics. Printing money won't solve the problem, it won't even help in increasing the value. This will only result to inflation, does not help at all but will only cause problems. Next time you ask a question or even attempt to make advises, see the real issue and know how things work. It's not that hard, the internet can give you answers.
|
|
|
|
TonyFat
|
|
February 20, 2018, 04:17:39 PM |
|
the more goods, the cheaper they are, the more money, the less their cost, this will lead to inflation
|
|
|
|
castellodocet
Newbie
Offline
Activity: 182
Merit: 0
|
|
February 21, 2018, 10:23:57 PM |
|
First of all, like someone already told, you must have the right equipment to print money, but I suppose that that’s an illegal practice in every nation, (even legit ones) due to local Bank’s rights and “ownership”, if we can say so. It would be nice though, but one common “John Doe” can’t simply print money when needed. It would be the end of working society and anarchy would spread so fast. So let’s stick with cryptos, maybe one day we will be able to “print” wallets, like QR codes. Should be nice, dont’ you think?
|
|
|
|
Cryptophorus Columbus
Newbie
Offline
Activity: 154
Merit: 0
|
|
February 21, 2018, 10:35:04 PM |
|
It's when I see this kind of question that I understand how big is the necessity to give a basic financial education to population. But I suspect that governments prefer to keep the people in ignorance, so they can't understand what misuse politicians do of public money...
|
|
|
|
Indai24
Member
Offline
Activity: 448
Merit: 10
|
|
February 22, 2018, 12:23:04 AM |
|
It's when I see this kind of question that I understand how big is the necessity to give a basic financial education to population. But I suspect that governments prefer to keep the people in ignorance, so they can't understand what misuse politicians do of public money...
Because wealth is created by printing money if you just print dollars without increasing the wealth we'll get inflation or even hyperinflation. The law of supply and demand will always apply.
|
|
|
|
|