Why cant the usa just print more money to take us out of the financial and economic crisis?
Well your theory about money being backed by gold isn’t true considering that the dollar being backed by gold was stopped during the Nixon Administration. That being said our “money” is just a mutual-agreed-upon fantasy in essence the dollar is backed by the dollar…I’m not really sure of all the details that go along with economics I think it’s bullshit considering that if the dollar is backed by the dollar…then you could print more money. “The Dollar loses value if you print more” is simply the mindset of the people that control it. For example what about counterfeiters…they produce millions of dollars…i don’t believe the dollar goes down then so why should it when the Government makes more. That doesn’t make any sense what so ever considering there the ones that are supposed to be making money as opposed to counterfeiters.
