Printing Us Currency To Lower The Debt

[Vmedvil2]

Do you think that the US government should begin to print money to lower the debt, personally, I think it is a good idea as it could be a easy way to pay the National debt.

 

 

 

https://www.cnbc.com/2018/09/11/trump-once-considered-just-printing-money-to-lower-the-national-debt-woodward-reports.html

 

National Debt increase under Trump.

 

https://www.cnn.com/2019/01/03/politics/trump-us-national-debt/index.html

 

 

Personally, I tend to believe that about 22 Trillion dollars worth of currency should be printed to pay the national debt by the US government for the US government to cover the debt.

Edited January 4, 2019 by VictorMedvil

[Orion]

No.

Why?

Inflation/Hyper Inflation.

Our paper money is just a easy way to represent the real money we have (finite resources)

(gold, silver ect)

 

Printing more money would result in our currency worth declining.

 

that's like you being in debt.

Then Buying a Credit Card on Credit.

[Maine farmer]

Do you think that the US government should begin to print money to lower the debt, personally, I think it is a good idea as it could be a easy way to pay the National debt.

 

 

 

https://www.cnbc.com/2018/09/11/trump-once-considered-just-printing-money-to-lower-the-national-debt-woodward-reports.html

 

National Debt increase under Trump.

 

https://www.cnn.com/2019/01/03/politics/trump-us-national-debt/index.html

 

 

Personally, I tend to believe that about 22 Trillion dollars worth of currency should be printed to pay the national debt by the US government for the US government to cover the debt.

If you look at history of just the last half century you will see where countries have just printed more money with disastrous consequences.  Currency is subject to the effects of supply and demand, so more money = money with less value.   Currency values are heavily dependent on faith, even bitcoin.