Quote from: deisik on August 09, 2015, 01:32:03 PM

Quote from: Damiantroll on August 09, 2015, 05:03:42 AM

Doing that would devalue the US dollar to ridiculous levels. It would probably be worse than 3 Wiemar Republics and would turn the US into a super-nazi state.

~~not that there's anything wrong with that.~~

Isn't that what FRS had been doing during QEs? The newly printed money went directly to financial markets, them hitting new highs. Did it contribute to the devaluation of the US dollar? If it did, then why is the USD index soaring? I guess in today's perverted world with the currency wars raging, it is not so straightforward as it had been in the good old days...

The days of Weimar Republic

Well yes, the Federal Reserve does print money, but it's not nearly on the level that OP was talking about, I.E the federal debt. It works well enough now but if it was sent into overdrive to pay off our debts things would get out of hand really fast.