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The Dude | Why does the government keep printing up money to eventually completely collapse the economy? |
tell me why think that is and support your answer
to me it's obvious.. it's because every time they bailout a sector of the economy like the banks or auto industry they OWN part of that company...leading to socialism/communism/fascism or whatever you call it.
It's a slap in the face to the American public that the appointed regulator for the auto industry is called the Car Czar....Czar?!! |
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paul
|
When you ask the government to save a private business you get both a bad business and a bad government. You do not need to worry about them printing up more money the government is always saved when inflation that results make all the money worth less so everyone debts are actually going to be worth less. Of course everyone who owns anything will also have its value lessened. You think $4 gas was bad wait for $10 bread. |
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kemperk
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a lien is not ownership yet, it is only a right. the FED must do something
to get their money back, thus a loan and a lien. |
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spanner
 |
The government keeps printing up money because it is made of thin air and has no substance to back it. You could do the same thing by printing fake money. I thought that the main problem was really one of too much credit being issued rather than one connected with excess currency. I have asked many times on Yahoo! Answers why the banks, connected with the governments, can issue money out of thin air in the form of credit but still not be able to come up with enough currency to buy a hungry person a meal.
As far as banks and the auto industry being bailed out is concerned, I would have to ask what the point is in bailing out a false institution with more false monetary funding, or of having corporations based on theft bailed out by more thieves.
People are on the system (which basically works through robbing Peter to pay Paul in uneven exchange, otherwise known as theft) like it is going out of style. They are being issued false perceived benefits such as fake money in exchange for doing damages.
The economy will collapse regardless of the efforts of the government if it is not backed by real assets achieved through honest effort and acquisition.
You have asked for backing in the answers. The following web site says it better than I state it, I think:
http://www.savethemales.ca/000550.html |
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jhnny_greene
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It is just a ticking time bomb. I just wonder when will these that are being bailed out will pay the money back. And why did the price of cars all of a sudden drop 3 & 4 thousand dollars in price. It seems if they would have done this earlier maybe they would have sold enough autos that they would not need to be bailed out.
I JUST HOPE WHEN IT COMES TIME TO BAIL OUT THE SOCIAL SECURITY AD THAT THE GOVERNMENT WILL JUST PAY BACK INTO IT WHAT THEY HAVE BORROWED. The borrowing of money from this dept was to never be - but years ago it was done and to my knowledge they have not paid it back. Sorry got off your question. |
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bow8810
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we all blame the government for the problems well it called greed that made those problem and they are trrying anything to fix it |
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Robert M
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The only way out of debt is to hyperinflate. |
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Thor
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I disagree with your premise, your assumption, so I cannot answer "why?".
I think you are confusing "currency" which gets printed and is only a "means of exchange" with "money supply" that is different and very little is represented by currency.
Trillions in "money supply" and value have disappeared with the fall in stock prices, home values, and the declining value of companies. So replacing that money supply with a source from the Fed is the right thing to do and a good think IMO.
Read about Keynesian Economics and maybe you will gain some understanding.
Plus a primer on the actions taken and *not taken* after the Crash of '29 and during the Great Depression might give a you clue why the government is doing what they are doing now. |
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