I’ve been writing/sharing/reading
mostly history that involves us Americans. I’ve also been observing ever since JFK was
killed and LBJ took over that government promises self-aggrandizing concepts
that are mostly voter buying crap. Add lots of
DEBT… that ends up hurting the voters
who sell their votes to buffoons who promise the world but simply aren’t responsible. They don’t get the job done! They do pay themselves
piles of worth less USA dollars. That’s
America today!
So, what I did was google the following words
history's lessons about countries that print
and distribute money
Google offers some
summary titles/links with a few borrowed words that connect to the above… here
are several with the link:
·
What
happens when a country just prints more money?
o
Unless
there is an increase in economic activity commensurate with the amount of money
that is created, printing money to pay off the debt would make inflation
worse. This would be, as the saying goes, "too much money chasing too
few goods."
o
https://www.aarp.org/politics-society/government-elections/national-debt-guide/faqs/why-cant-government-print-more-money.html
·
How does
printing money affect the economy?
o
Economics
is based on the idea of supply and demand. If we printed more money, there
would be an artificial overabundance of demand – money – but the supply of
goods would not increase at the same rate. What results is dangerous
inflation. Prices would increase to a level where the newfound money would be
worthless.
o
https://www.liberty.edu/champion/2021/11/opinion-printing-more-currency-will-not-fix-inflation/
·
Why can’t
we just print a bunch of money to make everyone rich?
o
It sure
sounds like a nice idea. Print a bunch of money and everyone gets rich. We
could buy anything we wanted. Ah, if only it were that easy. It turns out
printing more money would have a much different outcome than we might like to
imagine.
o
https://askdruniverse.wsu.edu/2017/07/14/print_money/
Folks, I could go on… quickly... no advertisements… there’s no
one in an American materialism society that would pay me a penny – $0.01
– to advertise their overpriced mostly unneeded crap that lives off
NOnSENSE... no fundamental need... value! That’s a fact Jack!
Why is my Mom my 1st title word above ⬆️? She taught me to do without... volunteer... help others... ... save/invest/repay debt... and more. That’s why!
