3 ms·
Printing dollars is figurative, I'm aware you don't have to print money to add imaginary money to an imaginary money supply, we have computers. Printing money i
by smokeyj 16y ago
Printing dollars is figurative, I'm aware you don't have to print money to add imaginary money to an imaginary money supply, we have computers. Printing money is symbolic of more money going after less resources because of fiat currency (you can't print a loaf of bread). If banks got more money to go after less resources, this came at the expense of someone elses purchasing power at the time. Nothing is free, Bernanke didn't find perpetual energy, and "printing money" has its effects - namely being the business cycle.