Quote from: cryptoboss2020 on February 18, 2021, 02:59:05 PM

Quote from: cryptomoonfortune on February 18, 2021, 02:50:22 PM

Banks don't create money out of the air. They don't. There is a demon called inflation. As soon as the banks continue to print more money, that demon will begin to devour them and the price of the currency will decrease until it becomes more expensive than the paper on which it is printed.

Central banks try to maintain some measure of balance, and it is the poor that pay the price, not the rich.
Here the problem lies not in printing money.
Printing money is a symptom of a disease.

Printing money is Only When You do borrow money.
So its process of creating the money.
Debit = Crebit
Credit=Debit

But dont Say They are Evil bankers they run system for us so we have mean for Exchange called as money.

Why do so many here write about how central banks and their governments print money when someone is in debt to someone else. We were always explained in economics that money is always printed for the amount of material assets in circulation. Money is printed in the amount of an increase in the gross income of the state for a certain reporting period. The more money is printed above these indicators, the higher the inflation rate will be.
Cryptocurrency works in a different way. Here, really, money is first created out of thin air, and then measures are taken to create and increase demand for it.