At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
Printing money is the last resort of desperate governments when all other policies have failed.
You will never solve the American problems just by printing money.
It's complicated.' 'So's quantitative easing. But I still get that it means printing money.
In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was "with the Press, labouring for the publick Good, to make Money more plentiful." The press was busy printing money.
In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.
Printing money is merely taxation in another form.
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.
I believe in taking care of myself and teaching other people who want to learn. I don't believe in just printing money and giving money. I'm willing to teach those who are willing to learn. If you're not willing to learn, then go vote for Obama. I'm not Republican or Democrat, so don't get me wrong.
The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch - Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference - that threatens to impoverish us by further destroying the value of our dollars.