Is COVID-19 an excuse for governments & central banks to print money?

[Ayiranorea]

Already few countries have been suffering out of the economic crisis due to the covid-19. Recovery measures have been taken by every country, and printing money is planned as a way to inject money into the economy. This is being done through buying of government bonds through which the money will get into the economy. In some countries banks are lending money to the government. Without an aimed solution governments won't get into money printing, because it is evident that money printing without reason could lead to inflation.

[iv4n]

As we can see in the last 6-7 months covid is an excuse for many things! I can't remember where I saw it first time, they are printing an infinite amount of money to buy a finite number of bitcoins, so I don't worry too much! If you have some btc you are safe!
It's not just money, we have more guns and bombs than ever before! Instead, we to build a better world for all of us, politicians are dividing people! We need some changes if we wish to see a better tomorrow! And one of the first steps should be removing politicians and bankers from their positions!

[bryant.coleman]

Printing of money will affect the current economic status of a certain country. It will cause inflation if the country has a lot monetary supply, I believe that if they will continue the production of money, the value of it will be lessen, the supply will be change but the value of each will decrease. So printing more money? Is not an answer, maybe using each country's fund is the answer not printing more of it, or they can ask for help from the United Nations.

LOL.. help from the United Nations? It is not UN's job to give free money to all the countries, so they can distribute it among the residents. If any of the governments want loan, then they should make a formal application to the donor groups. These donor groups can be a consortium of private individuals, or state-run agencies such as the ones from China and Japan.

[slapper]

the bank system always troubles everyone and makes things worse in every country the bank seems to be a place of money and has everything current paper money means less and less every year the bank will print new money and keep increasing inflation will ensnare the poor in the whole world banks only make it easier for the rich.

bitcoin is an investment solution today everywhere people need profit and can survive in any way bitcoin investment solution for a trade where things will get better Everyone needs the right investment, for now, to survive when this pandemic is proven to be expensive bitcoin has gone up dramatically and the large demand in the market makes the price even stronger.

Not all banks try to achieve the same results. I agree that many only try to benefit themselves. But there are still banks that do everything for their customers. However, the power of the central banks is too powerful which makes good banks do not have a chance to prove themselves. The central bank is likely to control the whole economic system and drive the country in a significant way.

Deflation is one of the main elements of bitcoin. The number of bitcoin can not generate forever and by 2100s, we cant not mine any bitcoin and the number of bitcoin will be limited at 21.000.000 which destroy the inflation. Therefore, by holding bitcoin, you will always earn profit in the future

[tvplus006]

Already few countries have been suffering out of the economic crisis due to the covid-19. Recovery measures have been taken by every country, and printing money is planned as a way to inject money into the economy. This is being done through buying of government bonds through which the money will get into the economy. In some countries banks are lending money to the government. Without an aimed solution governments won't get into money printing, because it is evident that money printing without reason could lead to inflation.

Now no one is seriously thinking about the consequences of such an unlimited injection of new money into the economy. Because now the main goal of the government is to preserve this economy, because it is much easier to prevent a recession than to restore it later.

[B1tUnl0ck3r]

Covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...

[shoreno]

Printing of money will affect the current economic status of a certain country. It will cause inflation if the country has a lot monetary supply, I believe that if they will continue the production of money, the value of it will be lessen, the supply will be change but the value of each will decrease. So printing more money? Is not an answer, maybe using each country's fund is the answer not printing more of it, or they can ask for help from the United Nations.

are they afraid to use the reserve funds or the funds are already used up thats why they want to print more money . asking for help to the other country can be a temporary solution to prevent printing of money and save the economy from inflation.

there are some countries that are more richier than the other , it wouldnt hurt if they will help those countries that are in need  . they can treat it as a loan if they want to and the other country will promise to pay them once the problem on financial are all solved .

[B1tUnl0ck3r]

Printing of money will affect the current economic status of a certain country. It will cause inflation if the country has a lot monetary supply, I believe that if they will continue the production of money, the value of it will be lessen, the supply will be change but the value of each will decrease. So printing more money? Is not an answer, maybe using each country's fund is the answer not printing more of it, or they can ask for help from the United Nations.

are they afraid to use the reserve funds or the funds are already used up thats why they want to print more money . asking for help to the other country can be a temporary solution to prevent printing of money and save the economy from inflation.

there are some countries that are more richier than the other , it wouldnt hurt if they will help those countries that are in need  . they can treat it as a loan if they want to and the other country will promise to pay them once the problem on financial are all solved .

there is no inflation from money printing as long as all the money end very fast in the same hands... Bezos and co can't eat more potatoes than they do.

what you shall fear isn't inflation from money supply, but a price shock from food scarcity .

because then, even the money printers won't be able to buy anything, at what ever the price.

[Vishnu.Reang]

Covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...

So far none of the scientists have detected any human modifications in the RNA or DNA of the Coronavirus. Therefore I am not going to pay much attention to the conspiracy theories. It was just like other viruses such as Ebola and SARS. The virus reservoir was kept isolated in deep jungle without any human interference. As a result of deforestation, the virus ecosystem was disturbed and it was released in to human population.

[Fesatmas]

As we can see in the last 6-7 months covid is an excuse for many things! I can't remember where I saw it first time, they are printing an infinite amount of money to buy a finite number of bitcoins, so I don't worry too much! If you have some btc you are safe!
It's not just money, we have more guns and bombs than ever before! Instead, we to build a better world for all of us, politicians are dividing people! We need some changes if we wish to see a better tomorrow! And one of the first steps should be removing politicians and bankers from their positions!

It is necessary to change the position of the police and the ranks of the political elite who take advantage when everyone is experiencing a prolonged crisis. but still getting rid of it in what way. Meanwhile, the competition designed by the government is to enter the political environment. there is no other way than with the state administration system, in accordance with the laws and regulations in force in a country. get rid of them in a coup? the results are difficult to predict if we don't have the strength to do so. besides working with all levels of society and appealing to their culture to prioritize the interests of citizens and save the economy

[Twentyonepaylots]

Covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas

Is there anything for us to read about any of this claims? Any credible source for this one?

Why some people always come with this conclusion without anything on their hand to prove with, or at least the word "opinion" to start their sentence?
From that claim, that covid was intentionally released to frame China seems so vague in a long of angles. You could have researched more about this one.

[davinchi]

Trillions of dollars worth of money were printed just in USA, we are talking about something global and talking about around 10+ trillion dollars printed total all around the world when you consider every single nation, there were also increase and ballooned up deficit by almost every nation as well.

They are acting like inflation didn't happen and everything is under control because the printed money was distributed very carefully but I do not agree to it, I do not believe it.

I think this printed money doesn't have any impact right now because it was used to keep things going like it used to be without interruption during a bad period which is why inflation didn't show but this money is not suddenly gone, it is here, it was used properly and didn't hurt us now but it is still there to hurt us later on in the future.

[AndySt]

Trillions of dollars worth of money were printed just in USA, we are talking about something global and talking about around 10+ trillion dollars printed total all around the world when you consider every single nation, there were also increase and ballooned up deficit by almost every nation as well.
They are acting like inflation didn't happen and everything is under control because the printed money was distributed very carefully but I do not agree to it, I do not believe it.
I think this printed money doesn't have any impact right now because it was used to keep things going like it used to be without interruption during a bad period which is why inflation didn't show but this money is not suddenly gone, it is here, it was used properly and didn't hurt us now but it is still there to hurt us later on in the future.

These trillions of dollars of course have not disappeared and in addition to supporting the real sector of the economy, they have also splashed out on the stock market, supporting its current capitalization. Also, some of this money is clearly present in the market, raising the price of the main cryptocurrency to the current level. And while there is no reason why this money supply will flow back into the real economy, raising inflation strongly, and then we hope that the financial authorities will keep the situation under control.

[uneng]

I think printing money is just a consequence of the economical losses our countries suffered due to quarantine and extra government's welfare programs.
All these losses and extra expenses lead to a devaluation of our national currencies, so it's necessary to print more money to supply the demand. Some countries even increased the value of their bills, saying it would be a solution to save money and print less money (let's say you had 2 bills of 500 each, now the government prints 1 of 1000). Of course I don't buy this theory, in fact it's just a signal the national currency is getting more devalued.

Governments don't need coronavirus excuse to remove our privacy. They were already doing this before and will continue doing this after.

[bryant.coleman]

Covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas

Is there anything for us to read about any of this claims? Any credible source for this one?

Why some people always come with this conclusion without anything on their hand to prove with, or at least the word "opinion" to start their sentence?
From that claim, that covid was intentionally released to frame China seems so vague in a long of angles. You could have researched more about this one.

Whether there is any truth in these conspiracy theories or not is another thing. But the truth is that Trump lost his re-election solely due to this pandemic. Look at the margins. Even after so many deaths as a result of COVID 19, he received more than 70 million votes and lost the crucial swing states such as Arizona, Wisconsin and Pennsylvania by less than 1% of the votes.

[barbara44]

Covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas

Is there anything for us to read about any of this claims? Any credible source for this one?

Why some people always come with this conclusion without anything on their hand to prove with, or at least the word "opinion" to start their sentence?
From that claim, that covid was intentionally released to frame China seems so vague in a long of angles. You could have researched more about this one.

I don't know about those claims but I can share a good article which can help you understand how corona virus aided the downfall of Trump and how it hurt his chances. I am not a fan or supporter of Trump but his actions and behavior towards the virus left me shocked too but I am glad he lost by such a narrow margin despite all this. I expected a complete domination but he made it close, props to him.

Here is the article I mentioned - https://www.washingtonpost.com/elections/interactive/2020/trump-pandemic-coronavirus-election/

Trump even said don't wear a mask and things like that while Biden always said Wear a mask so these are little things but shows you the attitude from Trump towards a pandemic which was really strange to say the least.

[petyang12]

It may be the reason for them to print out more money. Also in my country, the government did give money to those who are in need (called sap (social amelioration program) so maybe printing more fiat money to distribute to people who need it the most.

[darewaller]

Whether there is any truth in these conspiracy theories or not is another thing. But the truth is that Trump lost his re-election solely due to this pandemic. Look at the margins. Even after so many deaths as a result of COVID 19, he received more than 70 million votes and lost the crucial swing states such as Arizona, Wisconsin and Pennsylvania by less than 1% of the votes.

And there is also some suggestions that there was manipulation and if there is any truth in those news than actually the 1% can go in either way and might flip the whole election result.

Trump was not the best leader they have but he was competent and while strict and sometimes funny like he said "Chinese virus" which was mocked later on and trolled but his actions were always good. There are people who play the role of a villain which Trump was playing but their actions and decision making is impeccable. Just because he is a big mouth doesn't mean he was incompetent.

[Zanab247]

Many countries really experience hardship during the pandemic that is still affecting the country economy and other business activities in the country. Government need to print more money to end the hardship in the country because many citizens find it difficult to grow their businesses and other things in the country.
I think with this more money print the government has issued to Central bank to print more money to handle the hardship in the country will help the country to come out strong.

[AndySt]

Whether there is any truth in these conspiracy theories or not is another thing. But the truth is that Trump lost his re-election solely due to this pandemic. Look at the margins. Even after so many deaths as a result of COVID 19, he received more than 70 million votes and lost the crucial swing states such as Arizona, Wisconsin and Pennsylvania by less than 1% of the votes.

And there is also some suggestions that there was manipulation and if there is any truth in those news than actually the 1% can go in either way and might flip the whole election result.
Trump was not the best leader they have but he was competent and while strict and sometimes funny like he said "Chinese virus" which was mocked later on and trolled but his actions were always good. There are people who play the role of a villain which Trump was playing but their actions and decision making is impeccable. Just because he is a big mouth doesn't mean he was incompetent.

Let's not forget that it is impossible to be competent and effective in all matters, so the task of any sane politician is to gather an intelligent team around him. And already this intelligent and competent team will be engaged in direct management and solution of pressing problems and issues. Trump's biggest problem is the style and methods of the decisions made. With seemingly correctly formulated goals and objectives, execution methods raise many questions.