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Re: Weird how government is running out of money

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Awesome938 is not online. Awesome938
Joined: 16 Apr 2011
Total Posts: 3651
10 Sep 2011 07:52 AM
They own a money press. They're the only one's allowed to own a money press. How could they run out of money if they can print out like 1 quadrillion dollars each day probably.

~Awesome938, 7th grade kid~
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ghjop3 is not online. ghjop3
Joined: 14 Aug 2011
Total Posts: 3168
10 Sep 2011 07:53 AM
@OP

It'd be illegal.

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TheiMacFinder is not online. TheiMacFinder
Joined: 08 Mar 2011
Total Posts: 2708
10 Sep 2011 07:53 AM
The machine broke because Obama printed too many.
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squareblokhed is not online. squareblokhed
Joined: 10 Nov 2008
Total Posts: 24980
10 Sep 2011 07:54 AM
The last time that happened the money became WORTHLESS, and then a certain anti-sem.etic dict.ator came to power.
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Awesome938 is not online. Awesome938
Joined: 16 Apr 2011
Total Posts: 3651
10 Sep 2011 07:55 AM
@ghjop It's not illegal for them to print the money. They're the government dang it! They're the one's that make the laws dang it! Citizens cant own them.

~Awesome938, 7th grade kid~
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iAMFASTLANESDAD is not online. iAMFASTLANESDAD
Joined: 11 Aug 2011
Total Posts: 454
10 Sep 2011 07:56 AM
[ Content Deleted ]
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shadow4155 is not online. shadow4155
Joined: 06 Jan 2008
Total Posts: 12398
10 Sep 2011 07:57 AM
dude

you dont get government systems do you

if they print TOO MUCH MONEY MONEY WILL BECOME WORTHLESS > ECONOMY WILL BE WORSE THAN IT WAS BEFORE.
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zoozooba444 is not online. zoozooba444
Top 100 Poster
Joined: 18 Feb 2008
Total Posts: 40176
10 Sep 2011 07:57 AM
Thats what i always thought, but apparently there would be many repercussions.
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TheTransmuter is not online. TheTransmuter
Joined: 19 Feb 2011
Total Posts: 840
10 Sep 2011 08:00 AM
All American money is backed up by gold.
That's what Fort Knox is for.
If you print a billion more dollars that don't have gold backing them up, they're absolutely worthless.
That means the billion has to go into circulation, which is the word that represents this basic fraction:

Paper money
______
Gold

The more paper money there is than gold, the less valuable the paper money becomes.
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TheTransmuter is not online. TheTransmuter
Joined: 19 Feb 2011
Total Posts: 840
10 Sep 2011 08:01 AM
"Paper money
______
Gold"

Nope.
Wrong way.

Gold
____

Paper money
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technoguyx is not online. technoguyx
Joined: 05 Dec 2008
Total Posts: 8286
10 Sep 2011 08:10 AM
Inflation. Like others explained, if the gov. just goes ahead and prints more bills like nothing, the price of everything increases, and money becomes even more worthless
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