Post
Topic
Board Economics
Re: Why not just print dollars?
by
lordquanta
on 13/10/2017, 18:32:36 UTC
Anyone who is interested in printing dollars or any other currency (including issueing unlimited quantities of crypto) consider what happened in Zimbabwe, or in post WW2 Germany. In both of these countries you literally would have needed a truckload of money to but a loaf of bread. The money wasn't worth the paper it was printed on.
Correct. If inflation needs to be control then there needs to be some kind of fiscal policy, monetary policy etc. Implementing these kind of policies helps in keeping tAB on inflation. However main problem is when a country accepts loan based development model then debt ridden economy is bound to get into trouble. Thus on macro level staying away from debt-oriented schemes as much as possible will definitely help.
It is important to cure the cause of the problem not the symptoms of problem.