Who issue our money, who's? control the money supply, why the Inflationary on the US Currencies compare to 98

Question

The Value of our US dollars is not as strong as what it use to be compare to 1998-2000, because the money supply is over flow? or because the federal reserve has a internal issue, why the currency is not valueable as what is use to be, blem on CHN or plan on ERO! because the creditor is have too much money on hand??? can we tell demesticly? NO! can we tell on the INTL currencies exchange? Yes! what Should we do? do the Gov should take the power or the let the Fed Rev over power???

Answer 1

the U.S goverment prints money as they need it and that is the only country that dose this

Answer 2

I guess most of people just don't have a clear picture of the whole thing. Some of the answers are partially right but still not the complete picture. This is a complicated issue after. Here is my answer:

Theorectically, for every dollar bill, or any other form US currency denomiation, there are the equivalnet value of gold in federal reserve. We use the currency or any currency based on the belief that the paper notes we use have values which we use as medium as payment transactions, The moment we lost faith the currency, that would be where hyper-inflation comes in.

Now, as for US currency comparing with other currency in the world, which is what the original answer is trying to ask, the main thing is that US economy is decline. LIke I said in previous paragrah, we use US currency notes based on the beliefs that we can use them to get valuable goods and services. When US economy was strong, people get paid US dollars would be able to get the most valuable goods, and therefore, makes US dollars more desirable.

As per supply and demand, when something is in demand, the price of it would rise. On the same token, with US economy in decline, which it most likely would never reach to its highest point ever again in 1998, US dollars are less desirable, and US currency against the rest of the world currencies would continue its downward trend. While US dollars being less valuable helps US to have a smaller true value of national debt, at the current rate of federal budget deficit, US have to pay higher interest in order to get more loans from creditors.

In the end, it would not matter.if the national debt is not reduced. Argentina's economy folded when the government went bankrupt when its national debt reaches 50% of its GDP. US is at 75%. How much longer does US have? In case you guys don't know, out of over 2 trillion US dollar federal budget, 25% goes to nothing but paying interest to the debt. When US economy fails and the federal government goes bankrupt, it would be a very spetacular failure.

XR

Answer 3

The banks, known as the "federal reserve" create U.S. money. That's why they are called federal reserve notes. Notes are promises to pay, not actual payment, they are instruments of debt, borrowed (at interest) into existence. That's called the National Debt.

The banks want us to use paper money which they create and they control the rate at which the money inflates. The banks didn't like gold and silver because they did not control it, that was minted by the U.S. government persuant to the Constitution, which gave Congress the power to "coin money and regulate the value thereof"....

Paper money is like money made of dry ice, it evaporates. The banks want it that way, so you can borrow 10 and pay back 11.

It's the biggest scam since Nebuchadnezar.

The cool part is that Congress has declared that "all coins and currency of the United States, including federal reserve notes are of equal value, dollar for dollar". This means that legally, a paper note is worth an old used silver dollar.

So if you could get someone to pay you in silver dollars instead of a check: picture this:
A customer who bought your labor can give you a check for $25 or go down to the coin store and spend $18 for three silver dollars. You accept the 3 dollars instead of the 25 notes as payment for your X hours of labor. When you fill out your tax form, how many dollars did you get?

See how that works? HA!

Answer 4

No. The decrease in the value of the $ relative to other countries is a result of globalization and increased trade between the US and other countries. The consumer will ultimately benefit from the decrease in price of imports and the resulting decrease in price of domestic goods that must follow suit.

Answer 5

The federal government has the right to coin money under the constitution in Article 1 section 8 therefore they have an inherent right to control its value

Answer 6

the currency isn't valuable, because the money that the federal reserve loans to the government is what is called "fiat" money. which means that it, for all practical purposes, does not exist.

Answer 7

In reality the president's 'advisors' 2 Toxic management of the economy and foreign policy.

Answer 8

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