why dont they just print more money?
Why dont they just print more money?
The economy can only be negatively impacted by the government
good thing the federal reserve is private!
that wasnt my reply i was pondering something else with his intelligence
Hey retard, we are in the economic situation we are in because of that. Literally 70% of all money in circulation in the USA was printed between 2020 and 2021
yeah? 90% of all humans to ever have existed were born in the last 100 years
Yeah we got too many of those too, quantity over quality will never work
My intelligence or the OPs? If you are taking issue with my statement you are actually retarded or haven't taken an economics course in your life.
>Republicans think they understand economics
So increasing the money supply so drastically is a good thing?
Most of the money printed already has no actual backing. That is: we do not have enough gold/silver or other precious metals to exchange for paper currency. We can print billions but they are not worth the paper printed on.
Because they are waiting for you to move out of your mom’s house and sign for a mortgage.
printing a 1 (one) dollar bill costs more than one (1) dollar in raw materials and worker power
that's why we need to raise taxes and use the money to print more money
Fiat is backed by GDP
first good post in this thread except mine
>NOOO YOU CANT PRINT MORE MONEY BECA- BECAUSE, UM BECASUSE HOW WOULD YOU PAY THE WORKERS THAT OPERATE THE MONEY PRINTING MACHINES?
um, with money is how. you pay people with money.
It can be. It depends on GDP and about 50 other numbers. Also the FED takes the money back out of the economy over time to keep things on an even keel.
As a rule of thumb, if you think you understand economics and you didn't go to school for it, you don't understand economics.
low IQ nations have already tried that, it just devalues their currency
okay but theres more of it. and if they need more "value" then just print more money and use that to make up for the lower value
They are you dumbass. Constantly.
You're so clueless hahahaha
hang on, are you one of those stupid people that use this sight?