Quote from: so98nn on Today at 01:03:48 PM

Quote from: Yourhomeboy on April 03, 2020, 05:40:57 PM

snip

Printing money doesn't solve the issue at all. Its all about tackling the inflation situation that is getting created in the market.

If government prints money (a lot of it) then, it can worsen the inflation itself and destroy the well set out economy.

Remember the fact that you can print money but you can not increase the prices of goods OR in short it will be useless money.

It is true that overprinting has an inflationary effect. But this also varies depending on the state of the country that prints the money. For example, in the USA, as in the example given in this topic, the FED has released a very large amount of USD. However, if the same amount of money was put on the market in a country with an underdeveloped economy, its effect would be much higher.

Most of the economic theories have a prerequisite. "Ceteris Paribus"! So while all other conditions are fixed. For this reason, the effect of the money printed by countries will be different. Because all the other conditions are not fixed. Rather, it is completely variable.

Another issue is that the number of Bitcoins is fixed. As you know, we can use Bitcoin as 0.0000xxxx. In other words, a total of 21 million is a limitation, but this can be stretched. If Bitcoin value increases, the things that gain importance for us will be "satoshi" values. So it can be $ 1 = 100 sats.