Does the american government really just print up more money when they need it, and hurt the poor with ....?

Question

the inflation because of it? if this is true, how long can our country survive like this?

Answer 1

No, they tax or borrow by selling bonds. The Government owes more than 9 trillion dollars now, and your share is $29,756.43.They add a few percent to the money supply each year to accommodate the growth in the economy, but that is not nearly enough to pay for what the government spends. If they just printed the money to pay bills it would have become worthless long ago.

The poor are not hurt by inflation as much as people with savings. The fact that wages are lagging economic growth has to do with other changes in the economy.

Answer 2

The government doesn't get any richer by printing more money. no they don't print more money when they need it.