Printing money

Liechtenstein
April 28, 2012 5:54am CST
There's one thing I don't get, printing more money cause the value of money to become lower because there's more of them therefore easier to obtain. I know gold is hard to obtain that's why it's value is high, but if there's more of them can't it maintain the same high price? Why? Who made this rule? Can people accept that more money printed will not lower the value? Or is it people cannot accept that they have to exchange their service, items, etc for something easily obtain because there's more of it?
8 responses
@lady1993 (27224)
• Philippines
10 May 12
It's the rule of supply and demand, just lie for food. if there are a lot of food available, their prices go down but if food is scarce their prices go high up. i think it's an economic rule.
@freqspaz (220)
• United States
5 May 12
I believe that whenever the government, any government descides to kick out extra paper money just to 'stimulate' their economy, it is the failure of the people. Our monry is hard earned and the only way to fit in the great thing called society, yet the powers that be can completely devaule our worth, the effort that we put into earning said money with a pen stroke, by writing your congressmen, or local powers and reminding them tht our vaule cannnot and will not be devauled in such a way, it reminds 'them' that we have brainns and are not mindless sheep to be herded. I've written quiet a few letters to both my congressmen and city repsresentitives on the subject.
@GemmaR (8517)
28 Apr 12
If everyone just printed off as much money as they wanted, then nobody would have to go to work and that means that there wouldn't be enough people to provide the services that we need in every day life. By rights, we could all go and demand our share of the gold from the bank, so the country can never make cash that isn't covered by gold as they would then be in trouble if people wanted to reclaim what should rightly be theirs. It has been shown in the past not to be the best way to solve the economy problems, so people should be seriously careful about this.
@nonersays (3335)
• United States
29 Apr 12
Its just that the less of something there is, the more valuable it is, or the more it is "worth." Say, if our currency were leaves instead of printed money...anyone can go out in the world and pick leaves straight off the tree, therefore a currency of leaves would be worthless. Since bills are printed in a limited amount, that makes them harder to obtain and therefore WORTH more. If the mint suddenly decided to randomly print eleven billion more hundred dollar bills to pass out to EVERY person, then everyone would have eleven billion hundred dollar bills to spend, and prices would skyrocket accordingly, therefore making the money essentially as worthless as those leaves I mentioned earlier.
• India
28 Apr 12
Printing money is a important factor in the different countries around the world.it create a problem when countries printing without respect to its Gold reserve.Then its produce huge huger prize.
@twinkz89 (29)
• Philippines
28 Apr 12
its not that im great in economics, but if a certain country do not control of printing money then the value of money is not there anymore because it would be easy to have money.
@vastari (331)
• Ireland
28 Apr 12
I'm not saying I understand economics at all, but it's not that easy. Local shopkeepers have no say in how valuable a currency is, that's decided by people with way more insight. If you print a lot of money, but don't have the goods to back it up then your currency becomes devalued. It's based, I believe, on the gold standard. Originally there was a certain amount of gold for every note printed. I don't know what it's based on now, but it's still got to be backed up by something. Otherwise a nation could just print off trillions of dollars and become the richest in the world. But the other nations will see that they're just printing paper with nothing to back it up, and so the value of that currency goes down.
@Nameless_ (1180)
• Australia
28 Apr 12
money - d s s
It's called inflation. It's inevitable. IF everyone had a million dollars then a millionaire wouldn't be rich anymore. Also, the prices of things will go up as there is no point using a few dollars selling bread if you already had a million dollars. It's not a rule, but the natural course of things. :)