Why doesn't the government just print money and not tax?

Question

We all know the government is lawless and does whatever it wants so why doesn't it just print the money it needs to pay off the debt? Is the money they print now considered debt? Why tax Americans when they print already is my main point.

Answer 1

Simply printing money will spurn rampant inflation and will render the dollar practically worthless.

Answer 2

A Starbucks Latte will cost you bushel of money.

Answer 3

Here is the best example of where that was tried. Post WWI Germany. to simplify it, they tried to get rid of their financial problems and deficits by printing more money. In the end money was worth more to burn than to buy things. a loaf of bread cost a wheel barrel of money. people's life savings were turned into nothin overnight because the value of money kept decreasing.

Answer 4

printing money is half the fun. the other half is taxes.

Answer 5

Because the entire system would collapse if I had aloaf of brea worth 10$ and you print alot more money the price of the bread would skyrocket its a complex system and if everybody just printed thier own money why would we work. Basicly just printing more money would not work it would just make our money worthless and the price oof things to skyrocket

Answer 6

That's what Germany did after World War II. A mother had to push a wheel barrow full of money just to buy a loaf of bread.

Answer 7

They do print money but it is done in a more professional and methodical way. Not print money whenever you want, kind of attitude.

Other countries regulate the money supply depending on the Gold reserves. Due to various demerits because of that, USA is regulating it themselves.

The FEDs control the currency supply. Alan Greenspan used to do a great job. Bernanke is not.

By buying more treasuries they release currency to the market and that reduces the interest rates. They do this to bring the economy out of a recession.

By selling off the treausuries, they curtail the release and this increases the interest rates. This is done to control inflation.

By doing these activities in a sensitive and sensible manner, US FEDS control the economy of the nation and influence the economy of the world.

Oops, Greenspan retired and our problems started.

Answer 8

Money is printed mainly to replace older bills in circulation and t balance accounts (since the money supply grows naturally, more physical money is always needed).  If the government was to print more money instead of taxing, that would artificially inflate the money supply, causing greater, and possibly hyper-, inflation, much like happened in Germany in the late 1930s.

Basically, what happens is you have too much money chasing too few goods, so people start bidding up prices, which creates more demand for money, which increases demand for goods, which increases prices, and so on.

And to answer the other question, sine money is no longer backed by silver or gold, money printed now is not considered debt.