not worth the paper its printed on??

I am new here so hi 2 all those who dont know me! I spend most of my time on the bullion site (that is where my love is) but wanted to ask is anyone here afraid that with our PREZ printing $$ 24/7 that it will not be worth 1 cent in 20yrs? sooner or later we have to pay it back? Also ALL great empires who have gone off the the gold/silver standard of fallen because of the debt that has followed! Just a thought...be well

 

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International debt isn't settled with printed money, first of all. Second, the BEP is printing 24/7 regardless of economic conditions simply to keep up with paper's inability to last more than a few weeks in commerce. And third, the printing of money lies not within the President's hands. That responsibility lies with the Treasury Department.
Guy~

 

Don't political discussions belong in the Open Forum?

 

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What do you think were doing now!! Cutting budgets on evrything because
There was to much spending going on before!!

 

Discussing the printing of money is now political? Guess we might as well close down the Paper Money section of the forum.
Guy~

 

Your right it's not the place to post this thread.

 

Exactly...now how to keep this paper money related...Series 2001-2008 PREZ came back graded NET AG3. Current series PREZ is still out for grading...