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Is it ever a good idea to print money?

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djussila posted on Sat, Jul 11 2009 5:34 PM

It would seem that using the printing press on currency always leads to trouble ( inflation, assault on savings ect ) , can you ever justify printing money?

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Dustin S. Jussila:

It would seem that using the printing press on currency always leads to trouble ( inflation, assault on savings ect ) , can you ever justify printing money?

No.

 

Abstract liberty, like other mere abstractions, is not to be found.

          - Edmund Burke

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Spideynw:

Esuric:
How the hell did you come to this conclusion?

Because money is just like any other commodity.  It has a supply/demand curve.

Esuric,

 

This is my answer.

existence is elsewhere

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Esuric replied on Mon, Jul 20 2009 8:15 PM

Wilmot of Rochester:

Spideynw:

Esuric:
How the hell did you come to this conclusion?

Because money is just like any other commodity.  It has a supply/demand curve.

Esuric,

 

This is my answer.

 

Yes, but, I've already explained why that's wrong. I suggest you read the theory of money and credit, it would cure you of your confusion.

"If we wish to preserve a free society, it is essential that we recognize that the desirability of a particular object is not sufficient justification for the use of coercion."

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Esuric:

Yes, but, I've already explained why that's wrong. I suggest you read the theory of money and credit, it would cure you of your confusion.

I don't think you could explain why you're even continuing this. 

existence is elsewhere

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