Quote:
Originally Posted by douglas1999
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Why don't they just print money to pay all my bills all the time? Why only now?
Dealing with this situation is a messy business. Printing money devalues said money, it's perfectly reasonable to keep that in perspective.
Call me more names though, it really reveals your mature, adult character.
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Our economic growth is powered by a healthy amount of inflation. The US Dollar being the world reserve currency means we can print more money than the ECB, the Bank of England, and the Bank of Japan with much more leeway.
We shouldn't be printing to fund endless wars. We should however be printing to ensure that people can pay their rent, landlords can get paid so landlords can pay their mortgage payments to the banks. Or else you are going to see banks start going under like they did in 2007.