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?

By the way, I suppose I’m free to print as many notes of the Rochester Bank as I wish, in order to satisfy my (and others’) “demand for money”. Amoralist ‘libertarians’ surely won’t object to such use of my ink, my paper and my printing press.

This is a question regarding economics, not ethics.

How the hell did you come to this conclusion? What he’s saying is that the money he deposits in his bank, which he assumes is held by the bank, should not be used for a thousand different kinds of financial transactions. Transactions which deleverage the banks, cause trade cycles, and panics. He ho…

Wrong analogy. I’m saying you do not know what you are talking about. It seems you believe that throwing around words like ‘supply’ and ‘demand’ means your analysis is sound … but it is not. Well thank you for explaining why, at least.

you are missing the point. [image] Safety deposit boxes Economics Questions how are you judging this, with STV in mind? i doubt it. says you and the keynesians. money that is sound is the same as money that is unsound? fiduciary media is the same as non-fi…

Go ahead. I don’t know who would then use the notes if they were so laxly printed, but it sounds fine to me. Unless you’re saying that you want to print notes from a bank owned by me, which is an absurd idea - I’m not into owning banks for money, drugs and firearms are another story though.

To lend at a higher rate of interest? So the banks are allowed to engage in embezzlement and fraud as long as average people miss the fine print, or don’t understand it? Does this apply to every industry? If so, I have a deal for you! Just sign right here…

Unfortunately, we don’t have government armies enforcing our fraudulent notes.

So they’re giving you money to host your money at their bank out of charity because they’re making enough money on interest rates from other loans…? Ok. As far as most people go, I doubt most people care - only the fringes on the internets really pay any attention to this stuff - and furthermore, …

Is it ever a good idea to print money?

Economics Economics Questions

nirgrahamUK July 12, 2009, 3:51pm 24

you are missing the point.

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Is it ever a good idea to print money?

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