Baekhyun
Newbie
 Offline
Activity: 105
Merit: 0
|
 |
July 23, 2018, 09:29:00 AM |
|
because money does not necessarily create welfare to its people, if its society is more educated maybe the country will be more advanced. so the conclusion that needs to be improved is not the printing of money but the education sector.
In addition, excessive printing of money can also reduce the value of national currency of the country.
|
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Hkim21
Jr. Member
Offline
Activity: 81
Merit: 1
|
|
July 23, 2018, 09:50:58 AM |
|
printing a lot of money is only going to increase inflation in his country, the most important thing that needs to be improved is the education sector, if all the people in a country are educated then certainly it is a developed and independent country. Knowledge will be very useful especially in making money.
|
imusify.com ❰ Award-Winning Blockchain Music Platform ❱ Presale starts Mar 1 |
|
|
Ava Duvall
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
July 23, 2018, 10:28:19 AM |
|
Its a difficult process.Printing money could create more problems than solving problems. it creates creates inflation, and other process happen which are avoided by controlling the sum of printed money
|
|
|
|
|
luckyluigi
Member
Offline
Activity: 239
Merit: 10
|
|
July 23, 2018, 08:07:45 PM |
|
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?
I think they do, because how can United States be giving a loans for everybody in the world, without a printing tons of paper money? Also I think that dollar is not anymore backed with gold background. |
|
|
|
|
|
Cling18
|
|
July 23, 2018, 08:58:58 PM |
|
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?
Everything has it's limit and it is also stated in the law of money that there should such control for it. If US would print a lot of money, I think the supply and demand would have a trouble. There should always be a limit to balance everything specially in the world market. |
|
|
|
|
Arlette Foxsparkle
Jr. Member
Offline
Activity: 196
Merit: 2
|
|
July 23, 2018, 11:45:27 PM |
|
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?
This will not happen because if this will happen when state has printed a lot of money the value of all things that has a price will become too much higher. Because of the quantities of money that roaming around the states affects the circulation if economic system and it can be affect the development of the country. |
|
|
|
|
Sanu Simon
Member
Offline
Activity: 215
Merit: 11
|
|
July 23, 2018, 11:48:58 PM |
|
It is not possible for the government to print money on their own. It needs to take several things into consideration to print money, important thing is the reserve. In most of the cases gold is kept as the reserve asset and upon that value currencies were printed, printing on their own leads to inflation.
|
|
|
|
|
slyfox
Member
Offline
Activity: 350
Merit: 10
|
|
July 24, 2018, 01:45:56 AM |
|
I think it is very simple. Money may cause inflation.
The more money that the goverment prints, the more likely a country has issues with inflation.
That is why if you go to a bank and you want to cash out a lot. They will not even have enough for you.
No, the reason a bank may not have enough money if a lot of people try to cash out is because of fractional reserve banking, for every 10 dollars that you put in a bank they keep one and they borrow the rest and then they create a receipt for those 9 dollars, that is called banking money and it is one of the main reasons why we have such a high rate of inflation. |
|
|
|
|
|
jayhawk1
|
|
July 24, 2018, 07:58:14 AM |
|
A lot of people explained why it can't do that very detaily and gave great examples. I also would like to talk about why bitcoin should not be more than 21 million as well. Just like if usa prints dollars, if bitcoin allows more than 21 million, that would mean 1 bitcoin will worth less as well. Since there is a finite amount of resources (hello than os) we give it a more value than we would compared to higher limit. We need to take that example and apply it to countries to see why they can't. Easier approach to show why.
|
|
|
|
|
Stark_Naked9
Newbie
Offline
Activity: 69
Merit: 0
|
|
July 25, 2018, 02:23:01 AM |
|
If the government prints money to pay debt or give to everyone, there will be hyperinflation.for instance, we have 1 million car at 5 $ each. at this moment the money supply will be 5 million. when the government provide triple the money supply, we have 1million car sold at 15$ each. but the number of goods is still the same. the fact that you have more money but if everything is expensive. your life is not better.
|
|
|
|
|
|
giarised
|
|
July 25, 2018, 07:53:46 AM |
|
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. Actually the great depression was a compained by huge inflation and unemployment as well. Printing the money just makes the situation worse in such a case. If the state wants to fight the inflation, they should actually lower the prices by giving subsidies and using some other tolls. What matters is the GDP of a country. As long as the GDP is high, it is okay for inflation to occure because the living standards cannot be declined. |
|
|
|
|
mjaranzasu
Newbie
Offline
Activity: 145
Merit: 0
|
|
July 26, 2018, 10:41:35 AM |
|
A lot of people explained why it can't do that very detaily and gave great examples. I also would like to talk about why bitcoin should not be more than 21 million as well. Just like if usa prints dollars, if bitcoin allows more than 21 million, that would mean 1 bitcoin will worth less as well. Since there is a finite amount of resources (hello than os) we give it a more value than we would compared to higher limit. We need to take that example and apply it to countries to see why they can't. Easier approach to show why.
You are right, because even printing of money have its limits and it needs to follow the government's rules, same in cryptos, the lower the total volume means the higher the price because of fixed volume it have. |
|
|
|
|
andieoke
Copper Member
Jr. Member
Offline
Activity: 301
Merit: 2
|
|
July 26, 2018, 11:12:52 AM |
|
Printing money in every country there are rules, if there is no rule, maybe in this World there is no country that has debt. we need to know that, the more countries print money the smaller the value of the currency if the exchange rate with foreign currency. that is the reason why the state does not print a lot of money.
|
|
|
|
|
Acsirp
Newbie
Offline
Activity: 126
Merit: 0
|
|
July 26, 2018, 11:34:14 AM |
|
The state or country does not print a lot of money , because if there is a lot of money production on a certain country , the price of goods , products in the market will goes high so there will an unbalance in the economy of the country.
|
|
|
|
|
|
leavolnhals
|
|
July 26, 2018, 11:35:31 AM |
|
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?
Imagine being in a deserted island and when you see the food and money drifting in, you choose which one? Of course, food is the most valuable thing at the moment, giving you energy and waiting for rescue ships to arrive. So, should the state print money at that time? On the value of wealth, when wealth does not have value, it prints a lot of money is also not worth. Therefore, the larger the country's economic power is, the more wealth, from which the issuance of much money. |
|
|
|
|
Hallmader
|
|
July 26, 2018, 11:41:33 AM |
|
The negative effect will not just be in the eyes of the world. The effect in the country itself will be drastic. Actually, it is very absurd to print a lot of money. It might only result to the currency not accepted in the world. If that happens, the economy of the country will surely fall hard. But all these monetary arrangements are a puzzle to me until now. It is built on a system that will only benefit the rich.
|
|
|
|
Fantastic33
Member
Offline
Activity: 308
Merit: 12
|
|
July 26, 2018, 12:47:06 PM |
|
The central bank determines the amount of money to be printed that will be circulating in the system. According to an article written by Bajpai (2017), too many or too little money that are printed have an effect to both macro and micro economy that may eventuall affect the public in a positive or negative way. Decisions on printing money is not that easy. Right amount of money is very crutial to make the economy sustainable and healthy. Source: https://www.investopedia.com/articles/investing/053115/how-central-banks-control-supply-money.asp |
|
|
|
|
Andrew S
Newbie
Offline
Activity: 112
Merit: 0
|
|
July 26, 2018, 01:11:58 PM |
|
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?
Only the Som state can answer this question. Why can not they print more money for the country. |
|
|
|
|
|
Bakemat
|
|
July 26, 2018, 01:22:20 PM |
|
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 money has its value and it was depending on the volume just the same as cryptocurrency and that is the reason why the state and other governments does not create a lot of fiat. |
|
|
|
|
Henry Sy
Member
Offline
Activity: 193
Merit: 83
|
|
July 26, 2018, 01:24:39 PM |
|
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?
why nations don't print cash, in light of the fact that if an excessive amount of cash then the estimation of the nation's money will go down so they want to obtain to different nations. Similarly likewise with coins if an excessive amount of supply however no intrigue then the estimation of the coin will go down |
|
|
|
|
|
