Is there a source for this? Maybe some sort of graph where the government has printed off a lot of money? Some table?
2007-05-26 12:00:01 · 2 answers · asked by ben_ev0lent 1 in Social Science ➔ Economics
Printing money or currency is not the way the dollar is devalued in today's world. Large financial transactions which amount to trillions of dollars a day take place using financial instruments which act like virtual money and you have to be a specialist to even figure out what is going on. Even ordinary people "spend" most of their "money" as checks, bank transfers, ATM debit cards, or credit cards. The Feds latest report on currency in circulation can be found here, but I don;t think it means much.
http://www.ny.frb.org/aboutthefed/fedpoint/fed01.html
2007-05-26 19:10:00 · answer #1 · answered by meg 7 · 0⤊ 0⤋
No the government has been out of money for a long time. What do you think the words "National Defecit" mean.
2007-05-26 12:08:01 · answer #2 · answered by jimapalooza 5 · 0⤊ 0⤋