When will supply of fiat-currency/credits in the world stop being pumped?

[centralbanksequalsbombs]

When will central banks in the world, as an aggregate, stop increasing the supply of fiat-currency/credit in the world?
?
? Anyone ?

[Karakyli]

Banks will not voluntarily stop or reduce the number and volume of lending. This is one of the significant sources of their income and it is for this purpose that they are created. The loan in the ordinary money supply will decrease as people less and less will apply to them for loans using the facilities of the crypto currency. As elsewhere in the market, the supply-demand ratio will play here. The decrease in loans issued by banks will occur gradually, since people will still need loans in ordinary money for a considerable time.

[secondgarlic]

Not in the foreseeable future, since we will still need fiat currency to define the worth of cryptocurrencies. For example, when we think of 1 BTC today, we don't think about it in terms of 1 BTC, we think of it as = $8K. As long as we need fiat currency to define cryptocurrencies, the current order of economy will not change drastically in my opinion.

[jseverson]

Never? Printing money sounds bad, but it's an important aspect of the economy, at least the way things are run now. I guess it sounds like a horrible idea because inflation and whatnot, but countries actually target some inflation. I don't want to go in depth on how the economy works, but inflation basically spurs spending. If you knew your money could be worth more tomorrow, then you're more unlikely to spend it (like Bitcoin lmao). Too much and your money will be worthless, too little and no one will spend -- fiat is being printed to counteract these scenarios.

Whether that is good or bad, I would rather withhold my opinion. What I will say though, is that it is an imperfect system, but it kind of works, and it's really all that we have right now.

[LancienMaleAlpha]

I think all this could stop if there's only 1 country and only 1 government. The so called new world order. That's what they want. Until then, this situation is not gonna change.

[centralbanksequalsbombs]

Banks will not voluntarily stop or reduce the number and volume of lending. This is one of the significant sources of their income and it is for this purpose that they are created. The loan in the ordinary money supply will decrease as people less and less will apply to them for loans using the facilities of the crypto currency. As elsewhere in the market, the supply-demand ratio will play here. The decrease in loans issued by banks will occur gradually, since people will still need loans in ordinary money for a considerable time.

Interesting, so banks are ordinarily set on expanding credit (supply) as time goes on?

[roddy5]

When will central banks in the world, as an aggregate, stop increasing the supply of fiat-currency/credit in the world?
?
? Anyone ?

It is impossible for them to do that. Technically Central banks can only produce fiat based on their gold reserves but since they can manipulate it most central banks are not following it. That is causing the inflation of each country too high every now and then. One day USD will be worthless as they don't really have gold reserves available and USD will become a mickey mouse money.

[audaciousbeing]

When will central banks in the world, as an aggregate, stop increasing the supply of fiat-currency/credit in the world?
?
? Anyone ?

The truth of the matter is that they wont stop. Government is in perpetuity which and the Central Banks are the ones behind it for government to still function, one key element that must stand is the economy. Even after it has failed several times, there is no alternatives on the contrary. Today, United States owed larger percentage of the total world debt but the government is still borrowing, dollars is still available to support all of the government activities and even by borrowing more.

The moment governments stop giving support to fiat, everything would have gone haywire, the price of goods and services would have shown their true state which might be unattainable and the real pump and dump would have been witnessed from that end. The politicians on the otherhand have to protect themselves for the next election so they have to keep the status quo.

[centralbanksequalsbombs]

When will central banks in the world, as an aggregate, stop increasing the supply of fiat-currency/credit in the world?
?
? Anyone ?

The truth of the matter is that they wont stop. Government is in perpetuity which and the Central Banks are the ones behind it for government to still function, one key element that must stand is the economy. Even after it has failed several times, there is no alternatives on the contrary. Today, United States owed larger percentage of the total world debt but the government is still borrowing, dollars is still available to support all of the government activities and even by borrowing more.

The moment governments stop giving support to fiat, everything would have gone haywire, the price of goods and services would have shown their true state which might be unattainable and the real pump and dump would have been witnessed from that end. The politicians on the otherhand have to protect themselves for the next election so they have to keep the status quo.

This is not true.

Governments CAN function without central banks.
Governments CAN function without monetary inflation.

[centralbanksequalsbombs]

Banks will not voluntarily stop or reduce the number and volume of lending. This is one of the significant sources of their income and it is for this purpose that they are created. The loan in the ordinary money supply will decrease as people less and less will apply to them for loans using the facilities of the crypto currency. As elsewhere in the market, the supply-demand ratio will play here. The decrease in loans issued by banks will occur gradually, since people will still need loans in ordinary money for a considerable time.

What if they lend more than actual wages that would-be paid in future?
for example: if loan exceeds > ability to pay?

[centralbanksequalsbombs]

Never this is why goods today cost more than goods in the 70s if production never changed.

You are right! Wasn't it supposed to be that savings actually mean something?

Why can't we save one US dollar, and hold onto that one US dollar until its worth enough to buy a car? For some reason, these fiat currencies just aren't working for savings mindset. The more you hold onto fiat currencies (cash only), the less wealth you have over time.

Bitcoin finally breaks the broken fiat currency system and fixes the problem of savings. You can acquire bitcoin, hold onto it until it is worth enough to buy something valuable you need.

[centralbanksequalsbombs]

Never this is why goods today cost more than goods in the 70s if production never changed.

You are right! Wasn't it supposed to be that savings actually mean something?

Why can't we save one US dollar, and hold onto that one US dollar until its worth enough to buy a car? For some reason, these fiat currencies just aren't working for savings mindset. The more you hold onto fiat currencies (cash only), the less wealth you have over time.

Bitcoin finally breaks the broken fiat currency system and fixes the problem of savings. You can acquire bitcoin, hold onto it until it is worth enough to buy something valuable you need.

Central banks worldwide will stop pumping monetary liquidity into the world...when? Will they never stop?

[Irvinn]

While there will be banks, until then they will give out loans by usual cash or non-cash money. This is one of the main articles of their income. The Crypto currency will significantly reduce the population's need for loans, but there will always be cases when people will apply to banks for loans. Legal entities will do this even more often.

[Laregrell]

When will central banks in the world, as an aggregate, stop increasing the supply of fiat-currency/credit in the world?
?
? Anyone ?

central banks only follow rules to increasing  the supply of fiat-currency/credit because if they adding more fiat without planning supply will destroy the value.

some countries lost it’s own local value.

[A1exander]

It will not, and cryptocurrencies are not going to change this. The current economic system cannot function without credits.

[paul00]

I don't think it is possible for the central bank all over the world to stop the generation and existence of its fiat currency. Currently fiat currency is still the existing currency that all people and nation accepts. It is also the basis of the value of the bitcoin that we have. Fiat is still the nations official accepted currency.

[hadveach]

they will not stop doing it, because that is the business of the world bank. And if they do, then where they will benefit. ? Until now fiat is still trusted by the public as a giver of capital for their business and business. unless the world has lost faith.

[Falgorn]

Banks will never stop using ordinary paper money and issue loans. So far this is one of the main sources of their income. Unless in the distant future, when the situation with the crypto currency will change very much.
     Now banks are very wary and distrustful of the crypto currency, especially after the recent growth of bitcoins to 20,000 dollars and its subsequent fall to 11,000 dollars, seeing it as a threat to stability for the banking system.

[centralbanksequalsbombs]

I don't think it is possible for the central bank all over the world to stop the generation and existence of its fiat currency. Currently fiat currency is still the existing currency that all people and nation accepts. It is also the basis of the value of the bitcoin that we have. Fiat is still the nations official accepted currency.

I didn't ask or say about stopping existence of fiat.

I said when will they stop generating so much EXTRA and MORE credit and fiat?

Its like the worst scam alt coin where the coin supply gets larger and larger.