Why do people think the US printing more money is a bad thing?
The more the US prints money to pay down debt, the lower the USD value is. The lower the USD value, the lower the cost of US goods on the international market. The lower the US goods are on the international market, the lower the US trade deficit. If the US trade deficit is lowered, it means more people are buying US goods which means more jobs in America. More jobs, means more money in the system and everyone wins. So what is the big problem with that?
Asked By: Fizzy Bubbler Can't Be Stopped! - 6/14/2011
Best Answer - Chosen by Asker
'Inflation is an increase in the quantity of money without a corresponding increase in the demand for money... More
Answered By: Sean - 6/14/2011
Additional Answers (8)
Printing money = inflation. Inflation = higher cost of living. Too much inflation = economy collapse. If you studied economics you would know only when a country is really desperate and interest rate is 0%, they will start printing money as a last measure.
Answered By: Prada Returns - 6/14/2011
Money cannot function without the backing of unconsumed goods. To paraphrase below. Simple logic, printed money has no tacit backing
Answered By: Our Future - 6/14/2011
Wow. You are probably the most colossal idiot I've seen here all week long. That's quite a feat.
Answered By: Some Beach - 6/14/2011
it IS one possibility... More
Answered By: Richard B - 6/14/2011
Hey, that's what Obama thought as well - and look at how bad the economy is now.
Answered By: George Smith - 6/14/2011
Look at Germany after World War 1--they printed so much money that a BILLION marks was barely enough to buy a loaf of bread. That lousy economic policy led to the rise of: Adolph Hitler. Do we honestly need a repeat of that example ?
Answered By: Mike - 6/14/2011
That is EXACTLY the point azzclown......The more worthless he makes the dollar, the least amount of he seems to be indebted to payback. It doesn't change the fact the amount we are in the hole, he is only manipulating the currency to show a lesser value of the debt. This is to only bolster his bid for re-election... More
Answered By: onegrtchf - 6/14/2011
Because Korea has been caught in a state sponsored Counterfeit operation printing US Currency.When jambed on it? BuBushca protected our economic base by Tarping a whole a lot. Obama's stimuli ? Will maybe it covers for All the African/ World Aids Patience's that migrated with the aid of Doctors with out borders... More
Answered By: Robert T - 6/15/2011
in a consulting firm Learn more today!
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Over 471 Local Jobs Available. Hiring Now – Apply Today!
Part-time, Full-time, Work at Home - Hiring Now. Find a job and apply.
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.