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Old 07-15-2020, 12:30 PM
 
784 posts, read 644,160 times
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When the US government has no money and running a debt and needs to spend money it needs to print money or print treasury notes or treasury bills in form of bonds that other countries buy and over time the US will pay it off to those countries that buy those bonds.

My question how does the US government know what to do? Why some times they just prints money and other time they print treasury bills?
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Old 07-15-2020, 02:20 PM
 
3,940 posts, read 2,049,168 times
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No, they aren’t “printing” paper money, it’s mostly digital now:

https://www.brookings.edu/blog/up-fr...avirus-crisis/
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Old 07-15-2020, 02:34 PM
 
784 posts, read 644,160 times
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I know normally the US government does not like printing money because than the currency will lose value and the price of goods will go up but they have to decide what to do like print treasury notes or treasury bills or print money.
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Old 07-15-2020, 02:34 PM
 
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OP, can I recommend a basic Khan Academy economics and finance course for you? I think it will really help. There is no money printing.
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Old 07-15-2020, 02:49 PM
 
784 posts, read 644,160 times
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Quote:
Originally Posted by The Market Maven View Post
OP, can I recommend a basic Khan Academy economics and finance course for you? I think it will really help. There is no money printing.
Well not what everyone else is saying.

And plus even when there is no money spending thay have to send back old torn money and print it again.

There many reporters showing videos of the printer printing money.

Even in good times with no government debt and the government having a surplus of money they still print money every day.

The only reason you or I cannot print money or people is you would destroy the currency and price of goods would go way up.

The only reason they don’t print money like crazy is they would be like Zimbabwe or Germany in WW1.
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Old 07-15-2020, 03:00 PM
 
Location: Bangkok
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This can't possibly be serious.
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Old 07-15-2020, 04:41 PM
 
263 posts, read 105,052 times
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Quote:
Originally Posted by lieqiang View Post
This can't possibly be serious.

I recommended Khan Academy so they can learn how things really work.
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Old 07-15-2020, 08:39 PM
 
17,449 posts, read 7,169,383 times
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Quote:
Originally Posted by Bubble99 View Post
When the US government has no money and running a debt and needs to spend money it needs to print money or print treasury notes or treasury bills in form of bonds that other countries buy and over time the US will pay it off to those countries that buy those bonds.

My question how does the US government know what to do? Why some times they just prints money and other time they print treasury bills?
The federal gov't through actions of congress makes laws, and may appropriate money for this or that program. They can use money from the general fund if available, or have the Treasury print up and sell bonds to raise money to fund the program. Problem is the federal gov't almost always over spends. So we always need more/new money.

The Treasury does pay interest and principal on the bonds.
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Old 07-15-2020, 11:50 PM
 
Location: Prepperland
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...the reality check is in the mail...
Actually, no money has circulated since 1933, if you restrict the term money to that which is NOT debt (notes).
A federal reserve note (aka "dollar bill") is an IOU, denominated in dollars. Pursuant to 12 USC Sec. 411, the US Gubmint is obligated to redeem them with lawful money (aka "gold and or silver coin")
Since 1933, CONgress has repudiated redeeming their kited checks.
Thanks to the world's greatest propaganda ministry, this long con has run for over 87 years.
Perhaps it is about to collapse, based on the national debt exceeding 26.5 trillion DOLLARS (not dollar bills).
Ironically, even if you collected all the "dollar bills" they would not cancel the debt.
"Someone" punked America reeeeeeeeal goooooood.
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Old 07-15-2020, 11:52 PM
 
Location: Prepperland
17,447 posts, read 12,621,358 times
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Originally Posted by Hoonose View Post
The Treasury does pay interest and principal on the bonds.
Curious, isn't it, that the deficit (borrowing) is larger than the interest paid?
That's what Bernie Madoff went to prison for doing in the private sector.
I sincerely doubt that creditors will ever get back their principal, based on the situation before us.
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