Can't we just print more money?

Printing more money will just speed up the slow collapse of our dollar.

PS:Happy birthday to me!

 

i believe it was such things { inflation } that gave hitler his power among the common-folk,,,,

another world war is imminent,,,

 

Shit, why not? Our currency is worthless as it is.

 

The reason the Federal Reserve shouldn't print money like crazy when the dollar is weak is because it will inevitably cause hyperinflation (you have to pay the piper eventually), which basically means economic collapse.

 

I was being partially facetious, but you're absolutely right.

The problem with having currency that isn't held to any standard (be that gold, precious stones, or what have you) is that your money doesn't possess any level of worth whatsoever. It's just paper with no solid backing...

We might as well be printing up Meal Tickets and Food Stamps.

 

i think move on .org,,,, wants obama on the food stamp dollar,,,,

they been bitchin that all the other bill's got dead white men on them,,,lol

 

I realized you were being facetious. I just thought I'd quote your post, since it posed a question. I also thought the Obama make it rain gif would be a good addition.

The only backing right now is the confidence people have in it, but like I said: we're so far in debt now, and we'll eventually have to pay the piper. The longer we wait, the harder the hammer will fall. I mean, when I was in Tanzania, they said to bring USD in case of an emergency, because that is what the people there trust. There still is confidence in the dollar. How long this confidence will last is not something I can accurately predict.

 

It could be that simple

since money today is printed out of thin air, not backed by gold or anything, it's basically Monopoly money...the biggest sleight of hand of our time maybe?


Bankers are definitely in on it- check out this creepy mural in Bank of America

 

It isn't a question of 'if' but rather 'when' we as humans pay a price for basing monetary systems solely on confidence, and not a tangible thing like, oh I dunno, gold. Humans are already losing confidence in our economic system, when that erodes further...I want to be living off the land by then.

 

You are all stupid lay people.

 

Defend the priesthood! Only we can interpret the needs of the economy!

Honestly, that guy should take a look at Human Action by Mises. I guess that would mean he would have to stop worshiping his mathematical models though.