Quote from: cryptoboss2020 on November 29, 2020, 05:26:30 PM

so all countries specially the federal reserve should start printing the money...
then they been talking about helicopter money well the usa can take their military copters fill up with money and let it snow the money donw.
europe and other countries can do the same lets give to everybody minimum of 10,000$

lets just print money and give to people everybody will be rich becouse they say fiat based system are destined to be doomed anyways so lets crash it all
lets print that paper and give to the people a lot cash Cheesy

lets do it also the chrsitmas are coming everybody will buy the gifts
Also lets make the ATM without card so even without work you go to stand besides ATM and you get cash...
if you are short of cash you need money you call 911 and they will bring you the cash they will just ask how much you need. Cheesy

nice plan ? Cheesy

Hyperinflation will never do any good as it may seems to you. Printing of money becomes futile if it is done excessively. The plan you have in mind will just bring chaos because the value of money will decrease if there’s a lot of supply. Just like what happened during the World War 2 in Philippines whereas the Japanese government printed tons of paper money which later called “mickey mouse money”. It has a very small value because of hyperinflation. Unbalanced money supply and resources supply equals much more expensive goods.

Nowadays, the government of each countries are more wary of effect of inflation that’s why they’re also being careful of the decisions they are making. They never want to commit the same mistakes in the past. Printing excessively will devalue the worth of money. The ratio of the money circulating in a country must be just enough to the goods, services, and resources offered.