Post
Topic
Board Economics
Re: Why not just print dollars?
by
moanamakeway
on 24/11/2017, 01:32:41 UTC
https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?
Printing fiat is like printing documents on paper. But the thing is, for it to have value, it has to be equated with gold or something precious that is equivalent to the bill.