Akiko
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December 01, 2020, 12:59:04 PM |
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Are you lazy OP Why would the government will print money and give it to all do you know disadvantage of that idea ? No one will find a job and that means business that need employer will hard to find one and every person instead of looking for a job to live they are now all want to have their own business. Which will make it more difficult for everyone.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Fesatmas
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December 01, 2020, 01:36:46 PM |
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lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all
hello @ cryptoboss2020 Allow me to argue, regardless of the context of a country's economic development or even destroying the economic equilibrium system. In this case, in my opinion, it will not have a stable impact, even though by making as many banknotes as possible and distributing them voluntarily without any conditions, it will not actually happen. how could a country allow this to happen. And if paper money is one measure to ensure the welfare of society, then what will be the effect? In fact, going to the balance of the state, many factories will stop operating, one by one the workers will stop. and I think chaos is everywhere. and obviously not the best solution.
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plvbob0070
Copper Member
Sr. Member
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Activity: 658
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December 01, 2020, 01:42:50 PM |
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Wow, that's a brilliant idea to fix the economy. I don't know why you still have to post such an idea if you are just kidding. When you have too much, its value starts to lose and that's where inflation emerges. Even if the government will do this (that I doubt they will do), prices will start to increase even before the lower classes can get free money which means they will just suffer even more. This won't really help the economy though.
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Smartprofit
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Merit: 1778
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December 01, 2020, 01:59:28 PM |
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Modern technologies make it possible to process huge amounts of data. In theory, balancing supply and demand could be delegated to computers. With a complete knowledge of production and the needs of people, you can satisfy all the needs of people without relying on a market economy. With the help of blockchain technology and big data, production and sales can be fully automated. The products will be manufactured in fully automated plant complexes. Money can be canceled. Capitalism can be replaced by a slave system. Instead of slaves, robots will do all the work. Each inhabitant of our planet will have from 1 to 100 domestic humanoid robots ...
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drlukacs
Sr. Member
Offline
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l0tt0.com
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December 01, 2020, 02:01:08 PM |
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Relax im just kidding Haha, I know this is your joke and nobody thinks this is a good plan to grow an economy. Right now I am seeing people objecting and even having quite a few words towards your opinion. So Edit the article and show us your real plan, don't let people think you are a person with a disability. I am always here and expect your post to be revised for a better plan.
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cryptoboss2020 (OP)
Member
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Activity: 322
Merit: 14
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December 02, 2020, 11:56:27 AM |
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Relax im just kidding Haha, I know this is your joke and nobody thinks this is a good plan to grow an economy. Right now I am seeing people objecting and even having quite a few words towards your opinion. So Edit the article and show us your real plan, don't let people think you are a person with a disability. I am always here and expect your post to be revised for a better plan. Well the Better Plan re- do the tax Plan. Government can do a lot with money. Let's tax every transactions. I dont mind to pay. Without joke
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Mauser
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December 02, 2020, 12:09:28 PM |
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so all countries specially the federal reserve should start printing the money... then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw. europe and other countries can do the same lets give to everybody minimum of 10,000$ lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all lets print that paper and give to the people a lot cash lets do it also the chrsitmas are coming everybody will buy the gifts Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash... if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need. nice plan ? I don't know about this one. If the government would just start printing indefinite amounts of money, the hole economy would collapse. Why would anyone sell something today for 100 usd if he can get 1000 or 10.000 usd for it in a few days? Once people lose faith in the currency a huge shadow market will create other currencies, like only paying in gold or other commodities.
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Firefox07
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December 09, 2020, 11:10:46 PM |
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so all countries specially the federal reserve should start printing the money... then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw. europe and other countries can do the same lets give to everybody minimum of 10,000$ lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all lets print that paper and give to the people a lot cash lets do it also the chrsitmas are coming everybody will buy the gifts Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash... if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need. nice plan ? I don't know what you are thinking. If all people become rich I think no one wants to work. Because they have a lot of money. And if there are lot of paper money circulating in a country I think it's economy will be destroyed.
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jademaxsuy
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December 09, 2020, 11:41:22 PM |
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What kind of idea you have? It is really a bad idea and that could destroy the economy. As what others had told that one can't get a good value of fiat after making a lot or printing a lot. The value of fiat will just depreciate and will no longer had the capacity to buy. So your idea is not a good idea instead it is the opposite and if you will become a leader then your leadership will destroy your country.
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cryptoboss2020 (OP)
Member
Offline
Activity: 322
Merit: 14
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December 10, 2020, 01:17:16 AM |
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What kind of idea you have? It is really a bad idea and that could destroy the economy. As what others had told that one can't get a good value of fiat after making a lot or printing a lot. The value of fiat will just depreciate and will no longer had the capacity to buy. So your idea is not a good idea instead it is the opposite and if you will become a leader then your leadership will destroy your country.
Thats the Problem with Every dictator Dont give power to one single Person
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BuNga_cute
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December 10, 2020, 04:43:31 AM |
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The state does printing money, there is a calculation, it cannot just print money and distribute money to everyone. If any country dares to do this, I believe it will destroy the country's economy. That's the stupidest idea I've ever heard, I don't agree that the idea of an opening post can improve the economy. Because if every country could do printing money with no rules, I was sure there would be chaos. The best idea to improve the economy is to raise taxes in certain sectors, it is more effective in my opinion.
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Hydrogen
Legendary
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Activity: 2562
Merit: 1441
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December 14, 2020, 07:40:27 PM |
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so all countries specially the federal reserve should start printing the money... then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw. europe and other countries can do the same lets give to everybody minimum of 10,000$ lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all lets print that paper and give to the people a lot cash lets do it also the chrsitmas are coming everybody will buy the gifts Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash... if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need. nice plan ? Germany tried this post world war I. Hyperinflation in the Weimar Republichttps://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_RepublicThe zimbabwe dollar -- also a big fan of high volume fiat printing. The end result of hyperinflation is needing a wheelbarrow full of fiat to buy a loaf of bread. Then perhaps thieves steal the wheelbarrow and leave the pile of cash as its practically worthless. Venezuela and the bolivar are also big fans of printing cash.
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Stedsm
Legendary
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Activity: 3052
Merit: 1273
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December 14, 2020, 08:14:54 PM |
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Are you crazy OP? Do you even know what you're talking about? Giving away money for free? Donations are good but giving away money like this will increase nothing but laziness in the ones who work hard to earn their living as well as it can also blow air to terrorism, jealousy, hate, because people will then start to steal other's money as you know, humans are hungry more for money rather than for food.
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bearexin
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December 18, 2020, 02:06:50 PM |
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How is that going to solve the economy problems? It is not going to help us at all. There are better things that the government should work hard to do for their citizens, and this is not one of the ways.
The government should do better by increasing wages at this time, seriously this has been an issue for people where I live, the price for things like foodstuffs has really gotten high and most people are not able to afford these things, and the government is not doing anything about it, they are not increasing for their workers?
These are things that should be settled, so many things that I have in mind, but saying it all doesn’t make the government change their mind.
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Twentyonepaylots
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December 18, 2020, 11:19:03 PM |
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It's not gonna solve economic problems, in fact it will worsen it. You can't just print out money out of a whim, there are guidelines and requirements need to be met in order to ensure that the money's value is kept at a balance. If you can't realize that, maybe try listening more to your economics class. That helps a lot in making sure you understand the basics of how this world works now. Are you crazy OP? Do you even know what you're talking about? Giving away money for free? Donations are good but giving away money like this will increase nothing but laziness in the ones who work hard to earn their living as well as it can also blow air to terrorism, jealousy, hate, because people will then start to steal other's money as you know, humans are hungry more for money rather than for food.
Stagnation is nigh in this tyoe of world he's making it to be. If not stagnation, it's going to be saturation that will kill everyone off. Everyone working for the same type of job will be so meaningless and stupid.
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pixie85
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December 19, 2020, 12:01:01 AM |
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Money have value only because people see it as a means of exchange. Giving that means of exchange for free to anyone will destroy its only purpose.
Like a painting of Mona Lisa has value because there's only one. If you start printing exact copies that are unrecognizable and giving them to people for free you'll make the painting lose its value.
You should watch a video about countries hit by hyperinflation and how people were using paper money to heat houses. Printing money and giving it away is a way to inflate money and create poverty, not a way to make people rich.
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thienlonghue
Member
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December 19, 2020, 03:57:29 AM |
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Printing money from air doesn't make people richer, this only destroy the economy. Imagine what will happen if you print too much money: First, inflation became terrible that you will need $100,000 just to buy a buger. Then, in the long run, it will accumulate a giant bubble that, when it bursts, creates a chain catastrophe, wiping out all the economic achievements of hundreds of years. In order for a nation to be prosperous, we should pay attention to the level of production labor, technology and the ability of its people to consume.
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Stedsm
Legendary
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Activity: 3052
Merit: 1273
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December 19, 2020, 10:52:31 PM |
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Stagnation is nigh in this tyoe of world he's making it to be. If not stagnation, it's going to be saturation that will kill everyone off. Everyone working for the same type of job will be so meaningless and stupid.
That's exactly the truth. Either from this side or the other, the next person has to suffer because of one when there will come the limitations where people will be made to eat "Only" what is decided by their governments in order to equally distribute that same thing to others. The question is, how much hunger does everyone have? The level of hunger is different in each person which is why, some have the dare to go for high, while others are satisfied with what they have. So printing more money will only make such users completely useless when they'll see their demands getting satisfied without doing any extra work.
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AicecreaME
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December 21, 2020, 02:09:31 PM |
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so all countries specially the federal reserve should start printing the money... then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw. europe and other countries can do the same lets give to everybody minimum of 10,000$ lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all lets print that paper and give to the people a lot cash lets do it also the chrsitmas are coming everybody will buy the gifts Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash... if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need. nice plan ? Hyperinflation will never do any good as it may seems to you. Printing of money becomes futile if it is done excessively. The plan you have in mind will just bring chaos because the value of money will decrease if there’s a lot of supply. Just like what happened during the World War 2 in Philippines whereas the Japanese government printed tons of paper money which later called “mickey mouse money”. It has a very small value because of hyperinflation. Unbalanced money supply and resources supply equals much more expensive goods. Nowadays, the government of each countries are more wary of effect of inflation that’s why they’re also being careful of the decisions they are making. They never want to commit the same mistakes in the past. Printing excessively will devalue the worth of money. The ratio of the money circulating in a country must be just enough to the goods, services, and resources offered.
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2double0
Legendary
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Activity: 2618
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December 21, 2020, 10:45:28 PM |
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Nobody will value money if too much money is printed and put on the table for everyone to come and take it. There are enough debts on various countries for doing that and they are not looking back at all, which, at times during recession, proves dangerous to everyone because of a country going highly under debts. Why did Satoshi not go for a 21 billion or may be 21 gazillion btc? Why 21 million only? Think it properly.
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