That's just something I've always wondered.
2007-12-22 07:25:32 · 5 answers · asked by Emily Rugburn 2 in Computers & Internet ➔ Hardware ➔ Printers
Every dollar is backed by the same amount in gold, called "The Gold(en) Standard".
If the U.S. Mint printed $500 to every $1 of gold, the value of the U.S. Dollar would decrease, which would affect the economy, causing inflation to rise.
For instance, in Nazi Germany pre- and during WW2, the Nazi regime did such an action. One gallon of milk ended up costing well over 10,000 marks, and people actually burned the money to stay warm because it was pretty much worthless.
2007-12-22 07:29:56 · answer #1 · answered by Levi W 3 · 1⤊ 1⤋
You can only print as much money as your worth, printing more than that will cause inflation and your money will be worthless. Theres a technical explanation behind it but ill keep it simple.
2007-12-22 07:29:53 · answer #2 · answered by Anonymous · 2⤊ 0⤋
it can but that would be called inflation. instead of a hamburger costing you a dollar it would cost a 100 dollars or more. that's what happens when a government just goes and prints money. it becomes worthless!!!
2007-12-22 07:31:41 · answer #3 · answered by george 2 6 · 1⤊ 0⤋
Each dollar will be worth less.
2007-12-22 07:29:41 · answer #4 · answered by Simon L 2 · 1⤊ 0⤋
because people would go crazy for more and we would have no more trees
2007-12-26 05:32:04 · answer #5 · answered by grahamaaron21 2 · 0⤊ 0⤋