- Yes, it is a good idea. I'm sure it will solve problems.Vote A
- No, it's not a good idea. It will make things worse.Vote B
Most Helpful Guy
You're talking to an expert here!
Money printing is a transfer of wealth from working people and retirees to the federal government and to the Wall St. banks. Money printing is a sign of a large and growing national debt that must be refinanced, out of control government spending and high tax rates that can;t be raised any higher. If this cycle continues it will lead to hyperinflation and the total destruction of the currencies purchasing power.
However, money printing hasn't destroyed America yet because the petrodollar is still the world's reserve currency. Which means that we can export our inflated dollars overseas to buy imports, That's the only reason why the feds money printing hasn't already hyperinflated the dollar into oblivion. We simply export much of our inflation problem to other countries. So, given our monstrous debt situation, money printing is actually still working out pretty well for America. Although it can't go on indefinitely.
Here are some videos that everyone should definitely watch:
Most Helpful Girl
"B" for Not Best from the Rest.
With nothing to Back this Here, dear, the End... Is Near. Economic Collapse is Still very Imminent.
Be prepared and prep!!
Good luck. xx1