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WinstonSmith00

(228 posts) Wed May 24, 2017, 12:45 PM May 2017

Congress writes the budget and prints money [View all]

Constitutionally speaking congress has these powers. Why doesnt congress just print the money it needs for the budget? There would be no need for taxes and no need for national debt. And the more congress spends the more economic stimulus would occur.

38 replies

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Congress writes the budget and prints money [View all] WinstonSmith00 May 2017 OP

do you want to pay $100 for a loaf of bread? nt Javaman May 2017 #1

not at all WinstonSmith00 May 2017 #5

that's an incredibly simplistic view of how the economy runs, but hey knock yourself out. Javaman May 2017 #22

in a nutshell, the relative stability of the dollar depends on them not simply "printing money". unblock May 2017 #2

It already is monopoly money WinstonSmith00 May 2017 #6

uh, yeah, except, no. unblock May 2017 #8

I understand the theories and concepts WinstonSmith00 May 2017 #16

they do indeed correlate, though there are isolated exceptions unblock May 2017 #19

Trillions of dollars per capita WinstonSmith00 May 2017 #31

Is this a serious question? Caliman73 May 2017 #3

That is a theory WinstonSmith00 May 2017 #7

so your great idea is that congress should do what you think they've already done for decades? unblock May 2017 #10

no WinstonSmith00 May 2017 #14

all righty, then. good luck convincing congress to do that. unblock May 2017 #15

It wont happen in my lifetime WinstonSmith00 May 2017 #17

First they'd have to land on Community Chest Orrex May 2017 #4

Congress does not print the money A HERETIC I AM May 2017 #9

Yes but if you read the Constitution WinstonSmith00 May 2017 #12

I have read the constitution A HERETIC I AM May 2017 #18

+1000 Javaman May 2017 #23

Ayn Rands a hypocrit WinstonSmith00 May 2017 #30

go back to school an learn economics 101. then get back to us. Javaman May 2017 #34

unbox your mind WinstonSmith00 May 2017 #35

That's how Zimbabwe did it Lee-Lee May 2017 #11

But zimbabwe WinstonSmith00 May 2017 #13

that is so much ayn randian conjecture. wow, just wow. nt Javaman May 2017 #24

No its a fact. WinstonSmith00 May 2017 #28

uh huh please provide us with links to these "facts". nt Javaman May 2017 #33

Modern Monetary theory WinstonSmith00 May 2017 #36

Lw of supply and demand marylandblue May 2017 #20

So the wealthy hoarding money WinstonSmith00 May 2017 #25

It's like these oversimple ideas of socialism and economics are coming from someone RadiationTherapy May 2017 #21

Im a far left progressive WinstonSmith00 May 2017 #26

They're basically doing that in Venezuela. It's not working out so well. n/t PoliticAverse May 2017 #27

But small countries dont have WinstonSmith00 May 2017 #29

Don't all printed dollars rusty fender May 2017 #32

Exactly WinstonSmith00 May 2017 #37

It's a huge scam rusty fender May 2017 #38