Message:

<p>[QUOTE=&quot;Gam3rBlake, post: 5298233, member: 115909&quot;]The US does borrow money but they also print it. Over time banknotes become worn and eventually destroyed so the Fed has to keep issuing new notes. The problem is when they issue far more than notes than are being lost.</p><p><br /></p><p>Think about it? What can stop the Treasury from just printing up $1 billion in hundred dollar bills? Nothing. They have the ability to print as much as they want.</p><p><br /></p><p>$900 Billion is a HUGE amount of money. It would definitely impact inflation.</p><p><br /></p><p>That’s 6x as much money as Jeff Bezos has.</p><p><br /></p><p>That’s 5% of the entire US GDP!</p><p><br /></p><p>It’s a little bit more than enough money to pay the annual budget of the entire Department of Defense. The Army, Navy, Air Force, Marines and Coastguard all combined.</p><p><br /></p><p>However that can cause too much inflation when done often or in large amounts which is why many countries borrow money.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in