printing more money is good for the economy, right? [Archive]

View Full Version : printing more money is good for the economy, right?

hismajestythepope

01-31-2009, 08:16 AM

:confused:

could somebody plz explain this to me? <3

StreetlightRock

01-31-2009, 08:19 AM

No. Because it makes the VALUE of the money go down and worth less. I.e. If there is more money of currency X around, you're need to have proportionally more of currency X to buy the same good because it's not worth as much. In other words, printing lots and lots of money only causes inflation which is not good.

hismajestythepope

01-31-2009, 08:22 AM

no dude we have more money than we had before

why the **** do people vote these morons into office, ugh

mph4ever

01-31-2009, 09:47 AM

printing money without any "property" to support it is stupid. although printing more dollars without supporting it more is good when most of them are owned by the chinese. everytime there is a another dollar printed then chinese holdings get diluted

Otherside

01-31-2009, 10:39 AM

no you guys dont get it IF WE HAVE MORE MONEY WE ARE RICHER IF WE HAVE LESS MONEY WE ARE POORER ITS NTO THAT COMPLICATED

mph4ever

01-31-2009, 10:45 AM

what if you are black?

catharsis

01-31-2009, 11:04 AM

i hope you be trollin n ****

TheDarkHorse

01-31-2009, 03:25 PM

No. Inflation.

/Thread

IbanezArtist

01-31-2009, 03:31 PM

Yes. As long as it is all given to the CEOs of banks.

mph4ever

01-31-2009, 05:55 PM

i hope you be trollin n ****

i don't understand why you would think that

griftadan

01-31-2009, 06:47 PM

in certain circumstances it can be, stopo oversimplifying it. growing economies need liquidity.