What's the problem of printing more money by the Ministry of finance?
America are printing more money and so that made them get in more debts, How it's considered debt?
P.S I'm not American, and i'm not majored in finance
What's the problem of printing more money by the Ministry of finance?
America are printing more money and so that made them get in more debts, How it's considered debt?
P.S I'm not American, and i'm not majored in finance
Generally speaking, the problem of printing extra money is that it causes inflation. So, printing more money isn't a solution to pay debts. For example, if a government issues extra money people will have extra money and suppliers will double their products price. Consequently, it adds problems and does not solve them.
*Sometimes printing extra money works, but with nations who are in a deflation period.
Well that's easy, because the fraudsters and banksters on Wall Street are happy their con-man Bernanke was reappointed by Obama and probably the CONgress.