2006-09-26 08:16:26 · 18 answers · asked by Mrs..Yahoo 3 in Politics & Government ➔ Other - Politics & Government
they do. they just give it to politicians.
2006-09-26 08:18:22 · answer #1 · answered by grumpy 5 · 1⤊ 3⤋
Because there has to be something to back the money up or it would be devalued on the world market. kinda like the Russian Ruble is worth about 10% of nothing compared to what it used to be worth before the collapse. The more money they circulated, the less it would be worth compared to foreign currencies. That's why counterfeiting is such a problem
2006-09-26 15:20:52 · answer #2 · answered by Anonymous · 2⤊ 0⤋
That's exactly what they are doing-PRINTING money to throw around carelessly when there is no solid base to back it up. The money is not worth the paper it is being printed on. The Fed does not have a legal leg to stand on, yet the American citizens don't complain. We just follow along like sheep being led to the slaughter while our nation sinks further into debt each day.
2006-09-26 15:21:24 · answer #3 · answered by worldwise1 4 · 2⤊ 1⤋
Because the value of that money will drop to nothing.
Mexico tried that one once, the peso dropped to a value less than a penny.
In addition, you have to remember that for money to be recognized internationally, it has to be backed by gold. US money is backed by the gold stored in fort knox, and the treasury department can't print more than the value of that gold, or it wouldn't be worth the paper it's printed on.
2006-09-26 15:18:55 · answer #4 · answered by Ricky T 6 · 5⤊ 0⤋
because by creating more money, the basic value of a dollor drops, amking prices rise, which is why a raise in minnimum wage will never work, its the same effect.
2006-09-26 15:23:07 · answer #5 · answered by Anonymous · 2⤊ 0⤋
Econ 101.
2006-09-26 15:19:08 · answer #6 · answered by Morey000 7 · 3⤊ 1⤋
this would devalue your currency, for every dollar they dish out they need a dollar in gold, they dishout more money than gold, and there value drops, you get less buying value for your money!
2006-09-26 15:21:34 · answer #7 · answered by mikel b 2 · 1⤊ 0⤋
They do. It's called the Bush administration's fiscal and monetary policy. Support your cronies lavishly, print more money and issue more debt instruments. To paraphrase Bush, who cares about tomorrow, we'll all be dead.
Source: Bush At War, by Bob Woodward.
2006-09-26 15:20:55 · answer #8 · answered by TxSup 5 · 1⤊ 3⤋
But that's what they DO, Kimmy. They tax honest working people and give the money to those who can't be bothered.
2006-09-26 15:19:32 · answer #9 · answered by senior citizen 5 · 2⤊ 2⤋
They do. It's called inflation or in extreme cases devaluation.
2006-09-26 15:29:03 · answer #10 · answered by Sean 7 · 0⤊ 0⤋
I know that is kinda a dumb question..no offense. But ive often wondered that myself. If the government makes it then y do they run out of it?
2006-09-26 15:18:22 · answer #11 · answered by Anonymous · 1⤊ 3⤋