Bitcoin Forum
May 04, 2024, 08:27:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 29 30 31 32 33 »
  Print  
Author Topic: why the state does not print a lot of money?  (Read 2637 times)
BTcoint
Hero Member
*****
Offline Offline

Activity: 553
Merit: 500


View Profile
July 12, 2018, 12:26:57 PM
 #481

If only things were that easy. Imagine that Bitcoin's total supply was 21,000,000,000,000. Do you think the value of each individual Bitcoin will be the same? Now if you print more money what do you think it's going to happen to that currency?

They will turn into another Zimbabwe :

https://www.telegraph.co.uk/news/worldnews/africaandindianocean/zimbabwe/2479937/Zimbabwes-worthless-100bn-notes-sell-for-huge-profit-on-eBay.html

Hyperinflation will be the end result : Hyperinflation occurs when a country experiences very high and usually accelerating

 rates of inflation, rapidly eroding the real value of the local currency, and causing the population to minimize their holdings

of local money. Source : https://en.wikipedia.org/wiki/Hyperinflation

You cannot print yourself out of financial problems and most governments do not get that.  Roll Eyes
Most bitcoin lovers joined because of inflation increase every year plus government & central banks hidden secrets so people start to believe the right to  control their money instead of unusable indexed database.  

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
1714854439
Hero Member
*
Offline Offline

Posts: 1714854439

View Profile Personal Message (Offline)

Ignore
1714854439
Reply with quote  #2

1714854439
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714854439
Hero Member
*
Offline Offline

Posts: 1714854439

View Profile Personal Message (Offline)

Ignore
1714854439
Reply with quote  #2

1714854439
Report to moderator
munify
Jr. Member
*
Offline Offline

Activity: 386
Merit: 1


View Profile
July 12, 2018, 12:43:55 PM
 #482

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?

If the country prints a lot of money without a certain limit then the value of the currency will be lower. And that will only worsen the economic status of the country.

GptVerse.art
A Metaverse App to Shop, Learn, Organize, and Play!
BitcoinMarketer39
Full Member
***
Offline Offline

Activity: 392
Merit: 100


ADABsSsSsSsSSSsS


View Profile
July 12, 2018, 12:53:08 PM
 #483

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?

Fiat are just the same as the stock market, if there will be more volume then the price will just decrease so government's should not just keep on creating fiat.

josephpogi
Full Member
***
Offline Offline

Activity: 434
Merit: 168



View Profile
July 12, 2018, 01:01:41 PM
 #484

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
fiat currency have to have something which backs it. If state prints money without any backing it will cause the money to lose value and reach high inflation rates such as in Venezuela, so this money will not have an impact.
hot_ads
Member
**
Offline Offline

Activity: 299
Merit: 15


View Profile
July 12, 2018, 02:02:19 PM
 #485

If a country has too many legal tender, it will cause inflation to a large extent and people's money will become worthless.

anushkasachith888
Member
**
Offline Offline

Activity: 532
Merit: 12


View Profile
July 12, 2018, 04:53:06 PM
 #486

because the printing of money will directly lead to inflation. more money supply means more demand, but lack of goods. then the price of goods increases rapidly. look at what has happened in Zimbabwe. they have to take bundles of money to buy a beer. So government cannot price lot of money as you said,

phillippw6
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
July 14, 2018, 03:00:39 PM
 #487

If you understand why there are so less bitcoins in numerical value compared to that of ripple or theorem you will understand this too. The more he supplies for the coin which is not regulated with demand, the more the devaluation of the currency, ripple has over hundreds of billions of units but it's devalued at the center whereas when you look at bitcoin the opposite occurs this shows the same sense of state money,


Nolimitz84
Sr. Member
****
Offline Offline

Activity: 980
Merit: 252



View Profile
July 15, 2018, 09:37:36 AM
 #488

Money should be provided with something.If the state will just print money without providing them with anything in the country will develop inflation.By and large, the country does not make sense to print a lot of money.It will not lead to anything good.



                               ████████     
               ████            ███████████     
          ███████            ████   █████   
       █████████                    █████   
      ██████████                    ████     
    ███████████                    ████     
   ████████████                  ████       
   ████████████         █       █████  ████   
  ████████████         ██      ███████████   
  ████████████         ████                   
 ████████████        ██████                 
  ███████████        ███████                 
  ██████████                                 
   █████████                                 
   ████████                                 
    ███████                                 
     ██████         ███████████             
       █████         █████████                 
        ███         ███████                   
                   █████                     
PROJECT'S ACCELERATOR
&
INVESTMENT PLATFORM


                               ████████     
               ████            ███████████     
          ███████            ████   █████   
       █████████                    █████   
      ██████████                    ████     
    ███████████                    ████     
   ████████████                  ████       
   ████████████         █       █████  ████   
  ████████████         ██      ███████████   
  ████████████         ████                   
 ████████████        ██████                 
  ███████████        ███████                 
  ██████████                                 
   █████████                                 
   ████████                                 
    ███████                                 
     ██████         ███████████             
       █████         █████████                 
        ███         ███████                   
                   █████                     
marlo1001
Full Member
***
Offline Offline

Activity: 358
Merit: 100



View Profile
July 16, 2018, 10:47:56 AM
 #489

If they are not doing that we can make a conclusion that this is not the proper way to do things,  because I know that up there in governments are sitting not the dumb people, and they know what to do with money, much better than I know.

████          O W N R   W A L L E T          ████   VISA PREPAID CARD    ████  Use crypto to pay in stores with OWNR  ████
❱❱❱❱ ❱❱❱ ❱❱ ❱     Buy, send, receive and exchange crypto        VISA    mastercard   SPA    UnionPay     ❰ ❰❰ ❰❰❰ ❰❰❰❰
BLOG       TWITTER     ██ █▌█ ▌     Manage crypto and VISA card in OWNR Wallet app    ▐ █▐█ ██     REDDIT   YOUTUBE
Pan Troglodytes
Member
**
Offline Offline

Activity: 392
Merit: 39


View Profile
July 16, 2018, 11:04:52 AM
 #490

why the state does not always make money, because if a country is printing too much money, the value of that currency will go down so it will cause more problems, that's why they prefer to owe rather than make money
Actually they do print a lot of money. The money gets created in the form of credit that is issued by banks. And this is the root cause behind financial crashes we experienced and will experience. It is actually infeasible to describe it all in a short post, you should research it yourself (a good starting point would be searching for "Introduction to Austrian Economics" on youtube)
alyssa85
Legendary
*
Offline Offline

Activity: 1652
Merit: 1088

CryptoTalk.Org - Get Paid for every Post!


View Profile
July 16, 2018, 11:10:40 AM
 #491

Money should be provided with something.If the state will just print money without providing them with anything in the country will develop inflation.By and large, the country does not make sense to print a lot of money.It will not lead to anything good.

Inflation is a function of the quantity of money and the velocity of money.

If the velocity drops, the quantity must rise to prevent deflation. When velocity rises, the quantity must drop to prevent inflation.

At the moment the velocity is rising, which is why the Federal Reserve is raising rates and removing QE.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit InvestBox.|.BUY X10 AND EARN 10% DAILY.🏆
Rastafarian
Jr. Member
*
Offline Offline

Activity: 238
Merit: 1


View Profile
July 16, 2018, 01:14:20 PM
 #492

Money in one way or the other is supposed to be scarce in the system. The government takes the decision of not printing more so as to make it very difficult to get and in that case, getting a small amount of it will make you respect and spend wisely. Lips sealed 
HertzCoin
Full Member
***
Offline Offline

Activity: 239
Merit: 100



View Profile
July 16, 2018, 08:08:28 PM
 #493

Money should be provided with something.If the state will just print money without providing them with anything in the country will develop inflation.By and large, the country does not make sense to print a lot of money.It will not lead to anything good.

Inflation is a function of the quantity of money and the velocity of money.

If the velocity drops, the quantity must rise to prevent deflation. When velocity rises, the quantity must drop to prevent inflation.

At the moment the velocity is rising, which is why the Federal Reserve is raising rates and removing QE.

So, basically, both inflation and deflation happen solely because of the Fed who fiddles with the money supply. The Great Depression also happened because of the Fed, who started printing too much dollars in the 20s.
coinfinger
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 278


View Profile
July 18, 2018, 06:16:55 AM
 #494

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
The problem is that printing more money doesn’t increase economic output. Money is just a piece of paper that the government assigns numerical values. In other words, the more money a country prints, the more it is devalued, which leads to inflation (rise in the prices of goods and services).
States and countries manage everything according to budget and economy which cover everything necessary in country. For printing money they do not look for the quantity but make enough quantity and not more. Furthermore it needs huge budget in its manufacturing to make papers of high quality and then its printing etc cost a lot. In this modern world if a country adopts cryptocurrency then it is a successful country.
GangNamSK
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
July 18, 2018, 07:20:29 AM
 #495

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
The problem is that printing more money doesn’t increase economic output. Money is just a piece of paper that the government assigns numerical values. In other words, the more money a country prints, the more it is devalued, which leads to inflation (rise in the prices of goods and services).
States and countries manage everything according to budget and economy which cover everything necessary in country. For printing money they do not look for the quantity but make enough quantity and not more. Furthermore it needs huge budget in its manufacturing to make papers of high quality and then its printing etc cost a lot. In this modern world if a country adopts cryptocurrency then it is a successful country.
Exactly. You're right. In the digital age, the developed nations are pushing the technology up. The production of money is very expensive, influencing many other activities. Thus electronic money is being the most important factor. Helping economic exchanges fast, simple, convenient, ... Make the country keep up with the times.
redsun114
Hero Member
*****
Offline Offline

Activity: 2548
Merit: 585


Leading Crypto Sports Betting & Casino Platform


View Profile
July 20, 2018, 07:03:30 AM
 #496

Simple, very simple. If the state begins to print a lot of money or create new banknotes, this will mean a default currency inside the country, a collapse, the country's economy will fall like a tower of paper at the wind.
Paper money needs a lot of money in its manufacturing it passes by several processes and after many steps the final steps and its printing also costs a lot so every government can not afford this and they look at its need in country. If they stop using this wastage of money and allow the cryptocurrency then they will save the money which they use in its manufacturing so this is a best solution for it.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
marlo1001
Full Member
***
Offline Offline

Activity: 358
Merit: 100



View Profile
July 23, 2018, 07:34:28 AM
 #497

I am always considering bad guys who are sitting up there in the governmental system are more wiser than I am economically so just let them do their business while we're doing our.

████          O W N R   W A L L E T          ████   VISA PREPAID CARD    ████  Use crypto to pay in stores with OWNR  ████
❱❱❱❱ ❱❱❱ ❱❱ ❱     Buy, send, receive and exchange crypto        VISA    mastercard   SPA    UnionPay     ❰ ❰❰ ❰❰❰ ❰❰❰❰
BLOG       TWITTER     ██ █▌█ ▌     Manage crypto and VISA card in OWNR Wallet app    ▐ █▐█ ██     REDDIT   YOUTUBE
Burogh
Member
**
Offline Offline

Activity: 644
Merit: 10

COVIR.IO


View Profile
July 23, 2018, 08:47:21 AM
 #498

why the state does not always make money, because if a country is printing too much money, the value of that currency will go down so it will cause more problems, that's why they prefer to owe rather than make money
Actually they do print a lot of money. The money gets created in the form of credit that is issued by banks. And this is the root cause behind financial crashes we experienced and will experience. It is actually infeasible to describe it all in a short post, you should research it yourself (a good starting point would be searching for "Introduction to Austrian Economics" on youtube)

Central banks always print money but with good calculation. If central banks print money without good calculation, its affecting on our economic. Inflation rate will be rising and goods price will jump.

Man From The Future
Sr. Member
****
Offline Offline

Activity: 371
Merit: 250



View Profile
July 23, 2018, 09:16:53 AM
 #499

Printing money on a large scale possibly can overcome the debt of the country, but this will be very bad for the country. If the country prints a lot of money that will happen is inflation. The price of goods will soar, while the value of money itself will go down even no longer valuable. If the state money is not worth anymore, then the state money will also have an impact on the value of money in the eyes of the world. Suppose we want to buy instant noodles alone we have to pay billions.

THE ONE STOP SOLUTION FOR THE CRYPTO WORLD
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Facebook   /  Twitter   /  Reddit   /  Medium   /  Youtube   /
      ▄▄█████████▄▄
   ▄█████████████████▄
  █████▀▀  ███  ▀▀█████
 ████     █████     ████
████     ███████
███▀    ████ ████
███▄   ████   ████
████  ████▄▄▄▄▄████  ████
 ███████████████████████
  █████▄▄       ▄▄█████
   ▀█████████████████▀
      ▀▀█████████▀▀

▄██▀▀▀▀▀▀▀▀▀▀▀▀▀██▄
▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██▄
▄█▀                       ▀█▄
▄▄▄▄ ▄█                           █▄ ▄▄▄▄
█   ███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███   █
▀▀█▀                                 ▀█▀▀
▄▀                                     ▀▄
▄▄▀▄▄▄▄                                 ▄▄▄▄▀▄▄
█       ▀▀▄                           ▄▀▀       █
█          █                         █          █
█▀▀▄▄▄▄▄▄▄███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▄▄▄▄▄▄▄▀▀█
▒▀▄       ██▀▀▀▀▀▀▀▀▀▀▀▀█▀█▀▀▀▀▀▀▀▀▀▀▀▀██       ▄▀▒
▒█▀▀▀▀▄▄  █              ▀              █  ▄▄▀▀▀▀█▒
▒█      █ ▀▄                           ▄▀ █      █▒
▒▀▄▀▄▄▄▄▀  █▀▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀▀█  ▀▄▄▄▄▀▄▀▒
▒▒▒▀▄▄▄▄▄ █                             █ ▄▄▄▄▄▀▒▒▒
 ▒▒▒▒▒▒▀▀▀▀▀▄▄▄▄▄▄███████████████▄▄▄▄▄▄▀▀▀▀▒▒▒▒▒▒▒
██
██
██
██
██
██
██
██
██
██
██
██
gunhell16
Sr. Member
****
Offline Offline

Activity: 1680
Merit: 475



View Profile
July 23, 2018, 09:19:15 AM
 #500

If the state print alot of money the demand and use will not grow.
many paper money will stay on wallets or banks.
the state wants to keep the circulation of fiat busy.

.
SPIN

       ▄▄▄██████████▄▄▄
     ▄███████████████████▄
   ▄██████████▀▀███████████▄
   ██████████    ███████████
 ▄██████████      ▀█████████▄
▄██████████        ▀█████████▄
█████████▀▀   ▄▄    ▀▀▀███████
█████████▄▄  ████▄▄███████████
███████▀  ▀▀███▀      ▀███████
▀█████▀          ▄█▄   ▀█████▀
 ▀███▀   ▄▄▄  ▄█████▄   ▀███▀
   ██████████████████▄▄▄███
   ▀██████████████████████▀
     ▀▀████████████████▀▀
        ▀▀▀█████████▀▀▀
.
RIUM
.
███
███
███
███
███
███
███
███
███
███
███
███
SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
       ▄▀▀▀▀▀▀▄▄▄▄
 ▄▀▀▀▀▀▀▀▀▀▀▀▀▄  ▀▀▄
█    ▄         █   ▀▌
█   █ █        █    ▌
█      ▄█▄     █   ▐
█     ▄███▄    █   ▌
█    ███████   █  ▐
█    ▀▀ █ ▀▀   █  ▌
█     ▄███▄    █ ▐
█              █▐▌
█        █ █   █▌
 ▀▄▄▄▄▄▄▄▄█▄▄▄▀
.
███
███
███
███
███
███
███
███
███
███
███
███
▄▀▀▀











▀▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
SIGN UP


▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▄











▄▄▄▀
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 29 30 31 32 33 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!