I was wondering why the governent just doesnt print more money in order to pay for things? Arent they the ones who decide how much money is printed...? It would make life much more easier for EVERYONE....
2006-11-26 08:27:20 · 3 answers · asked by Crazyfred02 1 in Business & Finance ➔ Other - Business & Finance
No it would make life worse. Printing extra money creates inflation. Inflation is when money becomes less valuable. If you print to much money it becomes to available and therefore worthless. Its about supply and demand. If they made more PS3's the price would drop becasue there wouldnt be a competition to get them. Because theres less there worth more, just like money.
2006-11-26 08:37:09 · answer #1 · answered by timdadevilsfan 2 · 0⤊ 0⤋
Okay genius. Fact is that that's what the Nazi's thought, and they magically had a problem with inflation. You need the value or material to back-up the the "worth" of the paper you printed. All our money happens to be is bank notes. You don't want to be a Nazi, do you?
2006-11-26 16:37:17 · answer #2 · answered by R-Tard 1 · 0⤊ 0⤋
Printing more money would decrease the value of it. It's called inflation.
Printing trillions of dollars would make our money nearly useless, because there would be so much of it.
2006-11-26 16:35:31 · answer #3 · answered by Cody R 2 · 0⤊ 0⤋