Indrawan77
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May 23, 2019, 01:24:51 PM |
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When inflation happened, its not wise to keep on printing the money, it will makes the situation become worse and the money will lose more value, the government need to think other idea to save the country maybe by loaning or selling some assets, printing money is not a solution look at Venezuela that become worse and worse
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Naida_BR
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May 23, 2019, 05:40:52 PM |
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When your economy is not doing well, the inflation is beyond control and the people are demanding for changes...what will you do? Of course, you will print billions and billions of paper money so you have the budget for anything you want and to solve many monetary problems your country is facing today and into the future. Now to make things spiced up and politically correct, you are going to call the printing of more money as "quantitative easing" a term pregnant with many possibilities, opportunities and threats depending on which of the equation you are located. In an interesting article, the author likened this quantitative easing to an additive drug even more potent than the usual marijuana or cocaine you can buy on the street. And now, politicians and bureaucrat are getting addictive into it as their easy fix to solve myriad of problems. Further Read: https://news.bitcoin.com/after-trillions-printed-under-qe-politicians-now-say-deficits-dont-matter/We all know that eventually, printing of more money can result into disaster in the long-run. This is not like a chili pepper hot sauce that can immediately be felt but definitely this is like pawning the very future of the people. This is the vicious cycle of the fiat currencies that sadly will blow in the next years. Already there are a lot of economies that print money without adding any value in the global economy, pushing the debt crisis in a red scale. These money will go to rich countries and not to poor ones, thus they will enforce inequalities in the globe.
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exstasie
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May 23, 2019, 06:55:14 PM |
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Fiat have been around for quite some time, it needs changes. Something where they cannot create another anymore. This is also to keep the country from being sold into the world bank. Something like bitcoin is a good option. It could be, although to be completely fair, we haven't exactly tested Bitcoin's deflationary model yet. Right now the Bitcoin supply is still inflating at a pretty fast rate. That keeps miners strongly motivated to secure the network. In the future, mining revenue will only be composed of transaction fees. Will the network remain as secure as today? I've read some compelling opinions from respectable people (Peter Todd comes to mind) who think a predictably low but perpetual inflation rate is a more reliable economic design. Time will tell, I guess!
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Bezobraznike
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May 23, 2019, 07:28:18 PM |
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Uncontrolled money printing is working well only in the USA. I really do not know how they managed that, but it works. In the case of other countries everything starts with raising of taxes which the government takes to cover their needs. Then prices for goods and foods raise. As the result minimal salary got increased. And after begin a new circle. As you can see the problem in the head of the country, government. In the case of fast raising inflation and uncontrolled money printing the head should be changed. But it is really hard to managed, because of people on the top are taking for their position with all teeth.
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oseikuf44
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May 23, 2019, 07:32:09 PM |
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The continuous printing of money will never stop since it forms part of the function of central government but the problem is when the government fail to control the supply of money in the system.
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Shenzou
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May 23, 2019, 08:14:44 PM |
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Well obviously printing money is not going to help the economy at all, i mean it is going to lead to inflation and the local currency becoming useless and its value will go down significantly, i mean haven't they really learned from what happend to Zimbabwe where they have a 1 trillion dollar bill that is worth 1 usd, that mean the the economy is domed and government issued currency is dead, now they are trading with currencies like usd and euro and other neighboring countries currency in order to keep the wheel going.
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Nellayar
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May 23, 2019, 09:56:53 PM |
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Like what happened in Venezuela wherein Mr. Sachez printed a lot of paper bills in order for his citizen to have money, it may lead in inflation. Making paper bills out of control may lose the economic stability. In order to stabiliE the economy, the government need also to adjust their monetary policy. In short, having a scarce amount of fiat will help the economy to prevent inflation.
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adzino
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May 23, 2019, 10:10:15 PM |
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-snip- We all know that eventually, printing of more money can result into disaster in the long-run. This is not like a chili pepper hot sauce that can immediately be felt but definitely this is like pawning the very future of the people.
Yeah, it will bring a disaster in the long run if everything is made in an unplanned way. If you keep on printing money, the total money that will circulate in the economy will increase. This means more purchasing power for the people. But, in this case, the purchasing power has increased, but the production is still the same. Thus, the seller will be bound to increase the price of the goods to keep up with the demand. This in turn causes inflation in the country. Again, it also (most of the time) weakens the currency value.
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uneng
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May 23, 2019, 10:13:54 PM |
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That is the economical model of those who don't want to fix things, but to make the eternal maintenance of the problems. It's not a surprise Venezuela is making these mistakes as they chose a leftist party to rule the country. That is a total artificial economy with the sole purpose of keeping the appearences and to promise free (or very cheap) stuff for the people. Seems Argentina went through the same way and refused to fix the problems in the country, although Macri promised to be a liberal.
The only solution is to reduce public expenses, decrease the number of public jobs and to no centralize the country too much. Let the states, provinces, villages have more autonomy and incentive private initiative to invest on the country decreasing taxes and regulations.
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STT
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May 23, 2019, 10:16:41 PM |
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Whats happening now is the first time its ever happened in history. We have a united effort to print money in excess of growth or justification of trade increasing not just in one country but across the majority of the worlds most dominant economies. So we have printing in USA, UK, Japan, EURO and much of the rest of the world who dont want to fall out of line and suffer any idea of a problem with trade vs these weaker currency standard countries.
What should eventually result is that it is found that a strong currency is beneficial to at least one country with a vital product it can export regardless of consumers ability to afford. The normal status of demand exceeding supply and demand or production of goods in demand being the most important component to a growing economy.
The confusion stems from politics and agreements between countries to work together no matter what. Thats a positive force except where all parties agree to do the wrong thing, which is the case with increased debt that is never repaid. We should see this fall over at some point as money is better directed elsewhere, but I dont know how that happens exactly and how much pain might occur with that upset and reorganisation.
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BitHodler
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May 23, 2019, 11:09:02 PM |
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The only solution is to reduce public expenses, decrease the number of public jobs and to no centralize the country too much. Let the states, provinces, villages have more autonomy and incentive private initiative to invest on the country decreasing taxes and regulations.
In my case that's already happening. The city I'm living in booked a positive net result, and that without excessive taxation, while the country as a whole is performing considerably worse. Local governments are much closer to the people and the local economy than the politicians are trying to figure out what the heck is going on with the country as a whole. It's quite a shitshow to be honest, and the situation hasn't changed one bit. If local governments are easily outperforming the rest of the country that's lead by a bunch of idiots totally disconnected from the average person or the economy, then why not look at what they do right and adopt the changes?
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BSV is not the real Bcash. Bcash is the real Bcash.
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Daniwahyu007
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May 24, 2019, 06:26:39 AM |
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it's true that printing money is not an easy matter that can cause problems, of course this might have to be considered because their politicians are very cunning and greedy. for that the government is better off adopting crypto with a supply that is clear and cannot be multiplied
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Whosdaddy
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May 24, 2019, 06:32:11 AM |
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Sorry, but you don't know what you're saying. Printing lots of money doesn't mean that you will get a lot of money to solve your monetary problems just like you have said, sorry but you're very wrong. Because printing lots of money means that your country's money will be losing its value and that means that the purchase power will be dropping.
Every product in the country will be expensive for an average man to buy, cause they won't be able to afford it. So printing money doesn't make any sense. When there isn't excess in circulation, the value of the money goes high.
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fidelium1
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May 24, 2019, 06:44:21 AM |
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Printing more money is never a good solution to economic problems, in fact on the long run, it worsen the situation. I will encourage that in the face of social and economic challenges, meaningful policies should be made rather than printing more money.
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el kaka22
Legendary
Online
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www.Crypto.Games: Multiple coins, multiple games
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May 24, 2019, 07:35:46 AM |
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Debt-trap policy is not there to keep the country in a debt forever to make them go even further into debt and continue like that.
It exists because if a country doesn't have a debt at all then they would be capable of going back into problem again and will be needed to bail out however if a debt-trap type of issue is given then they will have to fix their situation in order to keep paying the debt, if you have debt then you will be fiscally responsible and as long as you have a debt you will continue to be fiscally responsible, that is why debt-trap is great for countries that do not have governments that realize whats wrong with their own country and try to fix it.
Being in debt then getting out of that debt and then ruining it and going back to debt will create a problem on that country that result with many people becoming poor than rich then rich than poor and continue like that, instead be in debt forever and have people who are neither poor nor rich but just alright.
Look at Greece, they have been in debt forever but they are at least working on fixing it, that is how everyone should handle debts. They are in far better situation than 2008 and aftermath even though they have been in debt for over 10 years.
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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May 25, 2019, 04:20:33 PM |
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When your economy is not doing well, the inflation is beyond control and the people are demanding for changes...what will you do? Of course, you will print billions and billions of paper money so you have the budget for anything you want and to solve many monetary problems your country is facing today and into the future. Now to make things spiced up and politically correct, you are going to call the printing of more money as "quantitative easing" a term pregnant with many possibilities, opportunities and threats depending on which of the equation you are located. In an interesting article, the author likened this quantitative easing to an additive drug even more potent than the usual marijuana or cocaine you can buy on the street. And now, politicians and bureaucrat are getting addictive into it as their easy fix to solve myriad of problems. Further Read: https://news.bitcoin.com/after-trillions-printed-under-qe-politicians-now-say-deficits-dont-matter/We all know that eventually, printing of more money can result into disaster in the long-run. This is not like a chili pepper hot sauce that can immediately be felt but definitely this is like pawning the very future of the people. I think it's not that easy to just print paper money from nothing. Of course the country needs to have deposits in the world Bank to justify the total money circulating in a country. It's easy to print but it also needs deposits.
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dimonstration
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May 25, 2019, 07:37:46 PM |
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When inflation happened, its not wise to keep on printing the money, it will makes the situation become worse and the money will lose more value, the government need to think other idea to save the country maybe by loaning or selling some assets, printing money is not a solution look at Venezuela that become worse and worse
I remember reading articles on how Venezuela suffer in hyperinflation that they even call their currency worthless that they make those printed money into bags since it will be hard to purchase goods due to high inflation Velenzuela experience.
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engrshu
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May 25, 2019, 10:09:27 PM |
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When your economy is not doing well, the inflation is beyond control and the people are demanding for changes...what will you do? Of course, you will print billions and billions of paper money so you have the budget for anything you want and to solve many monetary problems your country is facing today and into the future. Now to make things spiced up and politically correct, you are going to call the printing of more money as "quantitative easing" a term pregnant with many possibilities, opportunities and threats depending on which of the equation you are located. In an interesting article, the author likened this quantitative easing to an additive drug even more potent than the usual marijuana or cocaine you can buy on the street. And now, politicians and bureaucrat are getting addictive into it as their easy fix to solve myriad of problems. Further Read: https://news.bitcoin.com/after-trillions-printed-under-qe-politicians-now-say-deficits-dont-matter/We all know that eventually, printing of more money can result into disaster in the long-run. This is not like a chili pepper hot sauce that can immediately be felt but definitely this is like pawning the very future of the people. That is why printing lots of money is not actually a solution but rather a continuous problem that they are keeping. As the number of printed money increases its value then is decreases, so technically they're just printing bunch of papers that they cannot use cuz for its smaller value.
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FlightyPouch
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May 25, 2019, 10:59:30 PM |
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it's true that printing money is not an easy matter that can cause problems, of course this might have to be considered because their politicians are very cunning and greedy. for that the government is better off adopting crypto with a supply that is clear and cannot be multiplied
Well, we can't stop the government. All I know is that they are printing money based on the number they needed. If they will be printing money, as far as I know, the value of that currency will go down hence inflation will happen. I don't think the government will even consider btc or any other crpyto currency to use, they will never control it and people will be able to transact money without them knowing and they don't want that too.
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cok_elat
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May 26, 2019, 04:53:49 AM |
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if the financial coming worse and solved by printing with more money, it is a very bad decision because it will worsen the situation. More money will make the value of money decreasing
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