inoes
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December 21, 2020, 11:05:20 PM |
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this idea will not make the economy into a Fix, but it will Chaos. fix something must also use a good way. for example prohibiting capitalism, changing the payment system, adding infrastructure facilities, implementing new policies. it is more solution
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cryptoboss2020 (OP)
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December 22, 2020, 08:57:23 PM |
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this idea will not make the economy into a Fix, but it will Chaos. fix something must also use a good way. for example prohibiting capitalism, changing the payment system, adding infrastructure facilities, implementing new policies. it is more solution
Thats why dollar bills has orbo ab chaos Order from chaos if you want perfect way you first create Bad way... But this is not my point here it was just joke Im kidding its a sarcastic joke towards Federal Reserve becouse its all most what they do it with dollar now
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AjithBtc
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December 22, 2020, 11:19:51 PM |
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Countries doesn't want to print more money. Almost every country will have reserve fund allocated for emergency needs. The government can evenly distribute fund to their citizens. Automatically this will create circulation and money flow which will boost the economy. Maybe it looks quite hard as the government will be barehanded, but a perfect execution with scheduled plan will give success and help in withstand of the prevailing negative economy of most countries.
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tarable
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December 22, 2020, 11:45:10 PM |
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Thats why dollar bills has orbo ab chaos Order from chaos if you want perfect way you first create Bad way...
But this is not my point here it was just joke Im kidding its a sarcastic joke towards Federal Reserve becouse its all most what they do it with dollar now
The chaos of the dollar will be over soon and will not last too long, because the ones who hold the dollar in general are the developed countries in the world and its value will clearly always hold on to a good number even though at this time it has experienced a slight decrease in visible prices via USDT token.
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semobo
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December 23, 2020, 07:02:37 AM |
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Countries doesn't want to print more money. Almost every country will have reserve fund allocated for emergency needs. The government can evenly distribute fund to their citizens. Automatically this will create circulation and money flow which will boost the economy. Maybe it looks quite hard as the government will be barehanded, but a perfect execution with scheduled plan will give success and help in withstand of the prevailing negative economy of most countries.
Which government is distributing money to their citizen? Only the USA did that but all other countries are just giving other help not just the direct money because governments know that giving a huge amount of free money to the people is going to hurt the economy in long run. Considering the situation of the Covid 19 issue most governments ran out of allocated funds so they simply start creating fake circulation and also increasing the tax money and other policies to bring money to their hand from the people.
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Noctis Connor
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December 23, 2020, 09:35:46 AM |
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I don't think this be a good idea for every country mostly they have reserve funds or gold that they can sell when crisis hit their country specially in this kind of situation all money are tagged you can't just manipulate the system also will not fix everything by giving money to people this will create chaos not only in one country but to the whole world and this could be the reason why fiat are becoming weak let's just hope that everything will be fix sooner or later since they already had the vaccine which they can distribute to countries where they can start as new normal and rise up to make their country better again.
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poodle63
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December 23, 2020, 09:57:43 AM |
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Funny because by doing that you will possibly decrease your currency value and therefore basically doing nothing. When everyone has that much money raining down it means hyperinflation which gonna boost up the price of goods aswell. Rather than doing this kind of idea you better off doing nothing because it won't fix anything and some people said that fiat doom is imminent but doesn't necessarily means we better off without it.
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oHnK
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December 23, 2020, 03:44:26 PM |
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The OP just made a joke, not an idea. Why do you say that giving money to people will fix all economies? The money will be valuable because of its value. If the money supply redundant, it will lose its value. The economy lives when there are supply and demand, when the demand function is disrupted, there is no economic balance. There will be a new problem where hyperinflation occurs, people already have a lot of money and no one is working to produce anymore so scarcity occurs. Maybe this explanation is so theoretical, simply for work, let alone work if there is free money from the government, and because no one is working, production does not work. So goods and services become scarce and money has no other value. The economy collapsed.
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Rengga Jati
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December 23, 2020, 04:10:51 PM |
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Issuing money by the government is not just printing the money. There are regulations regarding the printing of money in a country and this is regulated under the world bank law. So, a country can't print money on its own. There is also the accounting and consideration of how much a country can print it. If you want just printed money, just do it and then there will be police in front of your house.
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magneto
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December 23, 2020, 08:19:43 PM |
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As absurd as OP may sound, this is the sad reality of the fiat system during crises.
To keep the economy afloat, the central bank & the government generally partner up to inject liquidity into the economy to the greatest extent possible. Bernanke's metaphor of the helicopter in '08 was more real than we thought.
And this "genius idea" is essentially what central bankers are pursuing right now. With a secularly stagnating economy with low interest rates, even this sort of unconventional policy is simply not sustainable from neither a growth nor inflation perspective.
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CarnagexD
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December 23, 2020, 11:18:30 PM |
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OP must have little knowledge of how supply and demand works, but to give you help, I'll put in an analogy.
You have kool aid as your people, and ice cold water as the money.
When you mix these two, you put in parts of water in relation to the number of packets of kool-aid you have. And that being said, there has to be a certain balance between the two to get that sweet taste that we came to know and love. Otherwise if we put too much money, which in this case is the water, it will make the taste bland and unenjoyable, you see where I'm going here?
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Shasha80
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December 23, 2020, 11:41:52 PM |
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I know you only make jokes regarding the ideas you wrote in the opening post, because the reality is that there is no way for a government to do that to restore the economy. Moreover, the printing money that the government does is only to stimulate the economy to run again, and this is done temporarily. Because if printing money is done continuously it will have a bad impact, I hope the government thinks of other solutions that can improve the current worsening economy.
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Silberman
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December 25, 2020, 07:44:38 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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 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. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) nice plan ? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The problem is that despite what it may seem governments do not really want to crash the economy, the scenario in which we are in was in fact caused by their good intentions and their desire to get more power, they do not want everything to crash because they know that their jobs and maybe even more than that will be at stake, and they also do not want this because it could easily set us backs not years but decades in terms of economic development and no one really wants that.
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Chrystora123
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Omicron is another FUD
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December 26, 2020, 09:55:00 AM |
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snip..
come on bruhh, just printing money and then dividing it to everyone will only make Devaluation. the value of a good and service will no longer be the same as it was before the ton of money was printed..
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