since we owe so much money to china...?
can't we just make more money?
Polls & Surveys - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
i think exacly tthe same thing, why not? but people have told me it would destroy our economy, like in places in africa, al loaf of bread would go from 1$/£ to like 100000£/$ because everyone would have millions :) hope i helped
2 :
We used to call it PRINTING more money. No, we cannot really do that, because it would not create more VALUE. Value is the sum of what people would be willing to pay for goods and services that we produce. If we create more money, then the cost of our goods and services would increase, but the value would remain the same. The challenge, really, is to PRODUCE more goods and services, and deliver more of that value to China, in exchange for a return of the money that we owe to them. That's actually not a bad way to go, since it creates jobs, jobs create wealth, and wealth creates comfort and domestic tranquility. We actually have to BE SMARTER and work MORE EFFICIENTLY to go about it. And have no doubt -- we certainly will.
3 :
No. It's make the value of the dollar go down if we print more money, since everyone would have it..
4 :
Either that or they can cook up a bunch of chow mein for us! I luv the stuff!
5 :
i here we are traiding clean water know,.. and another thing i here is that,.,, if you owe the bank money the bank owns you,. but if you owe the bank more money then the bank owns you own the bank,... what seems bad is only a matter of perpective we need them as much as they need us
