Why can't we just print money to pay off debt??

[Ayush Singh 1175]

Printing of money is not in our hand it's the central authority which regulates and issue to the money for their countries and if every single person will start printing the currency by there own then there will be a great negative impact for the economy of that country.

[Valentine.H 41]

Well If a state print more money than there can be increase chance of devaluation of currency because demand and supply modal work there.
there are positive outcomes of printing more money like liquidity, circulation etc. But printing money is very precise in nature...

[cryptousd20 141]

There is now a better solution than printing money to pay debts or to help the poor, which is the cryptocurrencies that have made themselves the most important technology that has made unemployment decrease dramatically and made investment easy and this is the best solution from printing money

[Whited35 15285]

You can not print money by yourself because there should be so many requirements and the cases to fulfilled in order to put values in it. Most of the physical currencies are thus issued once you deposit the certain quantity of Gold. 

[Mishu1234 101]

Well we can not produce money because the money maker machine is very much expensive for general people like us so that is tge reason why we can not print money and pay off debt 

[guatazoo 7150]

On 2/5/2020 at 4:25 PM, Muhammad Hamdan said:

Have you ever wondered why poor countries can't just print more money to pay off their debt or to feed there homeless or fix unemployment?

This might seem like rather a silly question, but short answer can just be summed up in just one word "Inflation".

But in today's modren world where cryptocurrency is most likely to replace Fiat money, i think it would be really better for underdeveloped countries to at least  establish their own cryptocurrency just like China did.( i know China isn't under developed lol)  but it is very much possible  for them to raise their lower class people and bring prosperity.

If you want to know more please drop like and follow for constructive posts like ths. 

All countries in the world are not allowed to print their own money even if USA, but the only country that's allowed to print money is Switzerland which print money of all countries in the world.

And the reason for choosing one country to print money is that in order to balance the economic and people to do work. Because if every country were printed their own money, every country should print unlimited money in order to make their countries rich than other. And that situation would lead for money to worthy nothing because there is no lack of money.

So this is the reason why all money all over the world are printed in Switzerland, and Switzerland is chosen for variables.

[Bruno52 1141]

I don't think that under developed countries to create their own crypto currency because most people in those under developed countries will not have the means to use the crypto currency due to the low level of technology.

[NevermindNe 549]

Because if you print too much money, it will become useless, and the cash that some people keep will now be just paper that can't buy anything.

[Anoop9634 12]

no, we ought not believe that it is an answer. on the off chance that the nation prints an excess of cash without need, there will be expansion in that nation. it is brought about by the sum and increment in the measure of cash in the outrageous while then again there is no monetary movement that causes it

[Anoop9634 12]

In the event that we do that , the cash will lose its worth and individuals won't work to get cash as all individuals will be rich and there won't be any purpose behind work

[Rezort 846]

I agree that cryptocurrency can help us fix such important problems as unemployment and many others, but when would our countries accept crypto, that is the question.

[pablomarwan 3082]

Printing more money leads to inflation, as you said, and this will lead to a decrease in its value in the market. This matter is extremely important, and this is why they are not trying to print more papers. It is a good idea, of course, for each country to establish its own currency, but this will also lead to restrictions on it and work in normal ways.

[Kamila 291]

If governments do this the money they print will become worthless and no one will accept it as a valuable currency.

[Mcd0d0 5882]

On 2/7/2020 at 2:55 AM, Hatibch said:

If all countries print more money to pay their debts the value of currency decrease and price of thing goes high and sperd more poverty 

Well, making a money to the countries is very important and this money has an objectives which is not easily to used rapidly, i hope that you may understand.

[teminalibug 309]

14 hours ago, Kamila said:

If governments do this the money they print will become worthless and no one will accept it as a valuable currency.

They wont be able  to print it in the first place, because to print it they need a valuable asset to back up.

[Jessica Karren 1242]

Because by printing money the inflation will rise and the increase in inflation would reduce the value of bonds. Then government can't make more goods and services and we all knows that our wealth comes from goods and services not from money.

[malik6314193 5449]

Printing money work on the gold the reserves. If you have high gold reserve then you can print high amount of money. But if you don't have then inflation rate will increase and value of thier coin will be decreased. 

[Nezar 7169]

My friend, it is impossible for cryptocurrencies to replace banknotes, it is impossible for any country to put its currency in the form of virtual symbols and numbers, but for cryptocurrencies I am sure that it will have a very big future and you will be able to help these poor countries by creating special currencies that you use in trade areas And economic support

[jamesvince 2389]

Poor countries cannot print more then fixed papers according to the economies of their countries. So try to avoid from making any wrong decision for investment in crypto market. More you learn you more earn from crypto trading. 

[Trader21 1199]

l don't think printing more money is really useless for government, it is something demand and supply, If there are a lot of money that means your money is priceless. You can see Venezuela, even tough Venezuela has a lot of valuable minerals, this country has really a huge unemployment and is poor country. 

[Captain Karim 0]

I do not think that all countries of the world will issue their national cryptocurrency. There are many countries in the world that still reject cryptocurrencies and consider dealing with them illegal.

[Shaza Ahmad 1682]

One of the most important benefits that Bitcoin has given us and some cryptocurrencies is the lack of inflation, because inflation is very dangerous for the economy and leads to terrible price rises, some countries have price increases of 30% each year due to continuous inflation.

[Mohssine 1725]

Why the countries don’t print money , because if inflation , if all people have a big amount taking every month , is mean the money in the country   is more than economy of this country , is mean the price of the products and all the things will rise. 
and i think the cryptocurrency is really difficult to take the place of fait currency, because is still many people don’t know about cryptocurrency and if they do , the don’t trust cryptocurrency.

[DokAgsikap 145]

On 4/21/2020 at 2:32 PM, King98 said:

They can print money based on many factors such as how much gold or diamonds there are in their area etc and how much wealth they have in the country, their export situation and governments cannot print the money they want.
.

Does  the OP watch money heist??? Thats why he think that we can freely make money, it is not recommended because that could be bad in our economy, law of supply and demand is the thing.

[Zues 1069]

On 4/21/2020 at 2:32 PM, King98 said:

They can print money based on many factors such as how much gold or diamonds there are in their area etc and how much wealth they have in the country, their export situation and governments cannot print the money they want.
.

I think that it is not good you can't print money because it is impossible and it is not allowed. You must work hard for your money so that you can pay those you are indebted it not printing money because it is impossible to do in cryptocurrencies.