4 ms·

Honest question. Do they print a trillion dollars (equivalent) a year out of nothing? I'd like to know the impact of printing paper money in the world's larges

by Thiz 12y ago

Honest question. Do they print a trillion dollars (equivalent) a year out of nothing? I'd like to know the impact of printing paper money in the world's largest economy. In our case, we will know for sure in the next couple of years.

mark_l_watson 12y ago
+1 I would like to know the answer to that question also. BTW, does the fed reserve/government only create $1 trillion/year out of nothing? I thought it was more. I just finished reading "What has the Government Done with Our Money" (http://www.amazon.com/What-Government-Money-Percent-Dollar-ebook/dp/B0033AH2DM/ref=sr_1_fkmr0_2?ie=UTF8&qid=1398893775&sr=8-2-fkmr0&keywords=whhas+the+government+done+with+our+money http://www.amazon.com/What-Government-Money-Percent-Dollar-e...) - a good read, but nothing new for anyone leaning towards Austrian Economics instead of fiat money.