Who here thinks that we should print enough money to give everyone a trillion dollars?

Question

That way we can all be super rich?

Answer 1

It will make a good souvenir someday -- just like the Papiermarks of the Weimar Republic.

Answer 2

That would certainly be super for our math skills with children.

Answer 3

No. There would be huge inflation.  A cookie would probably be worth $500 then.  Eh.

Inflation would hurt us a bunch then.  Any money held during then would be worth less than many things including maybe a pencil.

Let's not repeat the same mistake that others made.

Answer 4

and create hyperinflation and trash the economy no.

Answer 5

money is useless if it is more than the goods, in zimbabwe, a loaf of bread cost 200 billion, may be you need to bring a big bag of money for a small bag of bread.

Answer 6

NO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!... Prices will skyrocket and everyone's trillion dollars will dramatically decrease in value. WE WON'T BE SUPER RICH.

Answer 7

Love the idea!  But can we make it $2 trillion just so we are all super rich?  Inflation is a bunch of lies anyway... WE WILL ALL BE SOOOOOO DARN RICH!!!!!!!!!!!

Answer 8

Well, your just asking for enough inflation to kill us all.

And you thought gas prices were high.

Remember when $40 could buy groceries for a week?

Answer 9

Let's say that everyone has a trillion dollars. You have a trillion, I have a trillion, the farmer has a trillion, and the truck driver has a trillion. You get hungry and you want to buy some food from me (say I sell oranges). You want to pay a dollar for an orange...but I already have a trillion dollars. Why should I sell you an orange for a dollar? The farmer doesn't want to go out and work if he will only get a hundred dollars for a truck load of oranges...he already has a trillion dollars. The truck driver doesn't want to drive the oranges to me...he already has a trillion dollars. The only way you would get an orange is if you offered to pay a few million dollars. Then me, the truck driver, and the farmer might work. But if an orange costs a few million dollars, you aren't rich anymore.

This is a simple example that demonstrates hyperinflation, the same problem that affected Germany after WWI. It took a wheel barrow of money just to get a loaf of bread because the German government printed so much money to pay off war debts.

Answer 10

I don't think that would be smart, then the value of a dollar would be like a peso in Mexico, it wouldn't be worth anything.