Sentences with phrase «endless money printing»

Number one is: it opened the door to endless money printing because up until that point if the Fed chose to print a ton of currency, central banks and foreign governments could still convert their dollars into gold if they wanted to via the Fed.

Not exact matches

They left this country in the worst state ever and it has only been because of the endless borrowing and printing Monopoly money by my right honourable friend, the Prime Minister, that we have managed only to be # 250 billion pounds in debt.

And despite the endless platitudes about cash growing on trees, American money isn't printed on paper at all — bills are created with a hybrid blend of 75 % cotton and 25 % linen.

Creeping tax takes, overspending by government, printing money, keeping interest rates too low for too long, or too high for too long, penalty taxes on primary inputs, implementing market distorting subsidies — the scope is endless.

Your belief that fiat money can be printed in an endless supply just shows that you don't even understand the progressive economics you think you are in favor of.