Soji Guy
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yes, you are right, the question is stupid. because the more we print the less worth it has. |
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ToriGangsta
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if you print too much money, then inflation goes up. Everything will be more. It sounds like a good idea, but it would actually do more harm than good. |
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Lord Blackadder II
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Here's a couple of paragraphs from a good article at the link below for you.
"Let’s suppose the United States decides to increase the money supply by mailing every man, woman, and child an envelope full of money. What would people do with that money? Some of that money will be saved, some might go toward paying off debt like mortgages and credit cards, but most of it will be spent. I know the first thing I’d do is go down to Walmart and buy an Xbox or PlayStation 2
"I’m not going to be the only one who runs out to buy an Xbox. This presents a problem for Walmart. Do they keep their prices the same and not have enough Xboxes to sell to everyone who wants one, or do they raise their prices? The obvious decision would be to raise their prices. If Walmart (along with everyone else) decides to raise their prices right away, we’d have massive inflation, and our money is now devalued. Since we’re trying to argue this won’t happen, we’ll suppose that Walmart and the other retailers don’t increase the price of Xboxes. For the price of Xboxes to hold steady, the supply of Xboxes will have to meet this added demand. If there are shortages, certainly the price will rise, as consumers who are denied an Xbox will offer to pay a price well in excess of what Walmart was formerly charging."
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Samantha J
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Money is worth what it is because there is not much of it. If there is more money, then money is worth less, and the price of everything goes up. Allowing people to print their own money could lead to hyperinflation, as happened in Germany after the First World War. The link explains more. |
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smythe 989
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they can print an unlimited amount. but the problem is that doing that increases our deficit (the nation becomes more & more in debt). printing more dollar bills also decreases the value of the american dollar (makes it worth less because there are so many). This also increases inflation and hurts our economy. hope this helps give you an idea of what you wanted to find out |
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Heather
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Printing new money dilutes the value of the dollar which is already in sad shape as it is. Short term treasury borrowing is being used as an alternative. Inflation will be the result, something we do not want in this economic environment. |
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saraparker
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I don't know but they never let me spend my monopoly money at the 99 cent store! |
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nikole
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Wouldn't that be nice..
"'If you just print lots of money, there's just more money out there," said Madden. "It doesn't necessaraly mean there is more stuff out there to buy."
When there's more money and the same amount of goods and services, the goods and services get more expensive. That's what we call inflation. When it happens quickly, it's called hyperinflation.
"The general price level of all goods and services goes up," says Madden.
That means the money loses value and the country is worse off." |
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jits17
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It won't really help! In fact it will just detoriate the whole process.
we can't print because it's illegal
If govt decided they wanted to print a lot of money and just give it away to everybody so that everybody will have money and they would be able to live easily, the prices of all the things would go up because everybody will have to the money to buy them.
This is what is inflation. So printing more many would just increase inflation. |
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worldpeace
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because that would stoke inflation
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Franco
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If we can have money for nothing, who will be stupid enough to go to work? The trick is to be the only one who can print it. |
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Kadus
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You can print it. Well not literally but as a metaphor! Go to http://www.doorways2success.com/freedvd.html |
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£500 million
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bcoz then u get hyperinflation and the market will be in a far worse condition than it is now.
germany in 1919 printed more and more money but within 18 months, hyperinflation was so bad, people couldn't afford a piece of bread with their life savings. meaning the currency has to be reformed.
so every1 loses their money.
printing more money is the worst thing that can be done presently |
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altepeter_fina4242
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Printing money unfortunately does not lead to more buying power. When money printing is done this leads to inflation.
What we have in the United States is called fiat money. This means that the money you spend is not backed by anything. In the old days money was backed by Gold, this is no longer the case.
Today if we print more money all we do is to increase money in circulation and devalue the current money. This happens because the belief that our money is worth something deteriorates as the amount in circulation goes up |
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adp_14
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The only reason it's valuable is because there is a limited supply of it. If they just start printing more, it will have the value of monopoly money |
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CatNip
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The Federal reserve does just that. They, well they have the treasury, print more money to increase the money supply. Our money isn't backed by anything, only faith. So, when the Fed says that they injected 300Billion into the financial system, what they did was have the treasury print more money, auction more T bill and bonds (How do you think this is financed), and they charge us interest for the "loan." |
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Precious
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haha that's what I think! I mean, there'd be plenty of it and nobody would have money troubles! But at the same time, A LOT of businesses would die off and people wouldn't be able to get things they need. I don't think everybody would still work if they could print their own money :) |
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pickingausernamesucks
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Because inflation will increase and the economy will get worse. |
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brian
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just have the goverment own our food stores and retail stores then we all get what we need, make more money and give it away why not, screw inflation. or give us more tax rebates yay! i know a stupid answer who cares lol i still get 2pts :) |
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