Why does the gov''t complain about money & raising taxes when they can just print the money from the US Mint?

Question

I mean there are so many needs & they want us to suffer when they can just print more money. We are Americans and they should help every US citizen. Maybe the crimes would decrease if there were less money problems.

Answer 1

Paper money comes from the Federal Reserve , and it is loaned to our government ..with high interest of course , which is most of the debit. The coins are made and released from the US Mint , if we used all coins there would be no debit .. because the coins can be melted down ,and re-used for either coins or other be made in to something else ..and the US Mint does not charge interest , because of the sustained value of the reusable material . .. where as the paper is just re-used as paper ...

If everyone was given a hand out who would ring up your grocery's , who would ask if you wanted fries with that ?/ it is not the govts. responsibility to help everyone there a lot who get help that does not need it as it is , everyone has the same opportunity to achieve the American dream , I have a very comfortable life , I could be better off had I paid attention in School ..I chose to hang with the hair bands and party ,so I got what I deserved as does most in life... the education is out there one just has to be willing to sacrifice to get there ..could you imagine the debit that would be to give everyone a hand out ..

I for one do not suffer , I live where the cost of living is nothing like the North east I do not pay the high prices for thing I want instead of need ..if everyone was rich no one would work ,and no one would teach , and the crime rate would be higher because all the crack heads would realize everyone has money they would blow theirs and rob for more .. then of course there would be no police , who would police anywhere if the Govt. made everyone rich..I wouldn't I seen their checks .. re think this real hard ....if everyone were filthy rich no one would work there for no way to buy anything ..so what would the point be ,except to have a large amount of paper cluttering your house , because you would not have a bank who would work it ?/ this is as simple as I can explain it .....and remember paper money comes from the Federal Reserve , the coins come from the US Mint ..I never had an economics class but even I know this .....

Answer 2

There must be a value attached to money. If the government just printed money as we needed it, it could not trade at a favorable rate in the money markets. The United States had (I believe we have gotten away from the 100% gold standard) a gold standard wherein we had to have $1.00 worth of gold for every paper dollar printed. This might be an oversimplification, but if you want to learn more, get a book on money and banking from the library and read it.

Today, the federal reserve controls our dollars and we are supposed to have assets enough to cover every dollar printed. The government collects taxes, issues bonds, and debt to cover shortages. If we had a balanced budget, then we would have to have enough assets to cover every liability that we owe -- here and abroad. Instead we are in debt and as our debt grows, so does our debt service and the value of our dollar grows or diminishes in accordance with our solvency. It's not this simple because the government "cheats" on a lot of monetary issues, but if we just printed money willy nilly, our dollar would be worth less than nothing and would have no purchasing power and little investment value.

Answer 3

Well, as a government they need to prove to other governments that a dollar is worth a dollar. For example if you make too many dollars you end up with a situation like in post world war 1 germany where a shopping cart full of money would buy a loaf of bread. Its a good thought but we really cant make any more dollars because we have already made 10 trillion more than we should have made.

Answer 4

Just printing money will make things worse! You have to have something to back that money. That is why we used to have silver certificates, they backed each dollar with silver. After WWI the Germans did just that, printed money without anything to back it up. The money lost so much value that it took a million Marks (German Dollars) just to buy a loaf of bread. In fact one reason we are having problems right now is that the government printing money without it being backed.

Answer 5

because the money supply is controlled and printed by a privately owned and run-for-profit organization called the federal reserve ... and our current money does NOT have anything backing it up .. its a total fiat currency ... they DO basically print a pile of it out anytime they want to ... but then they LOAN it to the govt and YOUR taxes pay the interest on those loans so they make a profit on you ... neat idea huh? and since that money that they print is created out of nothing its all profit to them ... in fact ... thanks to fractional reserve banking practice, all banks can loan out 10 times the amount of money they actually have on hand ... what it boils down to is they make about 80% profit on any money they actually have .... its a sinister banking system ... the same one used by the bank of england that was the root cause of the revolutionary war ... it makes the rich richer and the poor pooer and makes everyones money worth less and less ....

Answer 6

Because by doing so they would actually decrease the value of a dollar, dollars are just paper, there has to be actual value behind it for it to work.

Answer 7

Not to any individual... though we owe $10K towards a loan for a bulldozer (we'll have that paid off by October).

Answer 8

Printing money doesn't do any good unless you have the wealth to back it up. Printing too much money can cause hyperinflation.

Answer 9

There is this nasty little thing called inflation.

Printing of more money = devaluation.

Answer 10

The answer lies in basic economics. If you overprint the money, its individual value drops, increasing inflation.