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if money is uch a big problem then why cant we just print...

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Question by nana
Submitted on 9/18/2003
Related FAQ: Fractal Frequently Asked Questions and Answers
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if money is uch a big problem then why cant we just print out more money.


Answer by abc
Submitted on 10/23/2003
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You cant do that because of inflation and deflation, if you just print up money its going to begain to loose its value. Gold use to be worth the same amount as money you could go into banks and trade it in for gold but the goverment being stupid as it is thought that printing up more money would help but instead it just put us in debt. So the reason is it would raise the prices on everything because your printing up money that you dont have value for.

 

Answer by Johnny
Submitted on 1/4/2005
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I agree with abc!

 

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