Post
Topic
Board Economics
Re: Why not just print dollars?
by
Tiktik
on 16/03/2018, 06:14:56 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?
All currencies are built on trust. That is how bitcoin is thriving people believe in it as a worldwide player in financial markets. If we just keep printing money it depends values it. We have all seen what happens worldwide when people lose trust in their currency it tumbles and people are forced to believe there is a recession as people are less inclined to spend slowing the global wheel of money