Comments on: Why Can’t We Just Print More Money?

By: gonkyouka

gonkyouka — Fri, 19 Aug 2011 13:04:00 +0000

A short yet complete explanations. Just what I need..

By: Godfather

Godfather — Tue, 09 Aug 2011 13:56:22 +0000

Ummm, sorry Bob. It the hazards of printing more money apply to the wealthy as well (actually more so).

By: Bob Kutz

Bob Kutz — Tue, 09 Aug 2011 12:52:24 +0000

So you reason that printing our way out of the debt crisis will cause our poor people to no longer be able to afford large screen tv, 4G data plans, their daily shot of Starbucks and a Cadilac? Hmm . . . maybe that would be a damn good incentive to stop being poor, go out and find a way to earn a decent living.

THAT SOUNDS LIKE FISCAL AUSTERITY TO ME! Where is the problem here?

Either way, it’s what’s going to happen. I suggest you buy stocks, which aren’t truly denominated in dollars; they represent fractional interest of a company which, if well managed, will adapt to inflation and be worth more of the newly deflated dollars.

Equity is a hedge against inflation. Duh!

By: Scott

Scott — Mon, 25 Jul 2011 12:44:37 +0000

this does not make sense…cause if you do pay it off, then you have the money going out anyways? People are saying…pay the debt…pay the debt….isn’t paying the debt the same as printing money to pay it? Yep! I really think it is more about Political Postering and fighting for power to get rich in Washington DC….politicians want us to be dumb!

By: Pamela

Pamela — Tue, 26 Oct 2010 22:21:48 +0000

The most STUPID thing the government did was bailout the dealerships!!! The dealerships should merge. Where I live, there is a long business strip with atleast 10 dealerhsips full of cars but no buyers. Noone has the money to go buy new cars everyday… The government should of told the dealers to merge or go ahead and close. And a big solution to our oney problems is STOP paying extrememly high wages to the FAT CATS in Washington, Bank employees, etc. Give Bonuses but yet take government bailout??? That should be against the law!!! The big bank boses and company boses gets all the money they need to pay for their million dollar homes and fancy cars and diamonds but the average american is struggling to put food on the table for their children. With as much money that goes around, there should not be 1 child hungry in this country. And I know myself and many other families that are struggling just for food. I think the government should give some cash to the americans. NOT a few hundred bucks… Atleast 5,000 for a family with children. If you think about it, it would go back in the community for things they need at Wlamrt, groceries, gas, catch up mortgage payments alot of stuff could be done with 5,000. But our government would rather give money to the banks and car dealers. The car dealer bailout was the governments biggest mistake. Cars just continue to sit on lots, because no one as the money to buy them. HOW STUPID!!!

By: Digital Funds + Government - /gg FTW!

Digital Funds + Government - /gg FTW! — Thu, 15 Apr 2010 09:23:54 +0000

[...] [...]

By: Godfather

Godfather — Fri, 26 Mar 2010 12:19:47 +0000

Totally Agree Jamie! Thanks for the comment!

By: Jamie l.

Jamie l. — Thu, 25 Mar 2010 23:28:59 +0000

forget inflation for a moment, one of the main reasons in my opinion why we cannot just print more money is because it would be a massive bailout, eleviating our respnsability to pay what we promised to pay. if everyone had money, we would have no reason to get up in the morning and go to work, jobs would close, so on and so forth. then we would have no jobs here, what will we do when we run out of money again, print more??? the cycle would get worse each time. our childeren would just expect us to give, give, give, print, print, print. it might have already started, as i am answering a question on printing money!

By: Shiv 1971

Shiv 1971 — Thu, 18 Mar 2010 21:48:19 +0000

Sure you have the economic concept in there.
BUT…..there are mechanisms to control inflation like government setting tax controls on price hikes beyond a range, or even criminal penalties for price hikes beyond a govt. figure.

The point is, the whole system of economics is based on imagination, when if fails, you have a recession or bankruptcy. The entire banking system since around the 1500s (centuries back) has been running on a sham.

The whole concept of money valuation is largely based off perception and artificial controls. The real value can be substantially different.

In the end, why not allow the government the extra control if the corporate world is simply unwilling/unable to hire and absorb the unemployed?

With proper controls and free printing of monies – we should be able to alleviate poverty and also get the “stimulus” surge in spending needed. The only caveat is that this needs to be done at a WORLD level with the UN/world financial agencies on board….or you have shades of Robert Mugabe’s Zimbabwe in the making.

By: mike lovell

mike lovell — Wed, 26 Aug 2009 16:19:52 +0000

I dunno Godfather..seems like a lot of sound logic coming from his argument, I may have to go back to being cornfused now! LOL