Does printing new money to pay for things cause inflation?

[Woodznutz]

And where does that cash come from?

Directly from the Treasury.

 

[Woodznutz]

How much do you think the Fed is loaning to banks right now?

Searched in vain to find out.

 

[Toddsterpatriot]

Searched in vain to find out.

Looks like $910 million.

 

[busybee01]

Actually, there is some truth to that:


Then there’s the not-small problem of financing. Companies can’t explore and drill, or build pipelines, without capital. Biden financial regulators allied with progressive investors are working to cut it off. The Labor Department has proposed a rule that would require 401(k) managers to consider the climate impact of their investment holdings.

The Securities and Exchange Commission is expected to issue a rule requiring companies and their financiers to disclose greenhouse gas emissions. Mr. Biden has nominated Sarah Bloom Raskin, of all people, to be the Federal Reserve’s top bank supervisor. Her top priority is using bank regulation to redirect capital from fossil fuels to green energy.

Large energy producers are buying back stock and redirecting capital to renewables because they see the Administration’s writing on the wall. Small independent producers are eager to take advantage of higher prices but can’t get loans. Many relied on private equity during the last shale boom, but now these firms are cutting them off.

Opinion | Biden’s U.S. Oil Embargo

That is so much bullshit. A recent Dallas Fed survey showed that around 60% of oil executives show investors are the reason they are not drilling more. 9% say a lack of financing and around 7% say government regulations

 

[Woodznutz]

Looks like $910 million.

View attachment 622987

The chart is in "millions" therefore $9,011,958,000,000.

 

[busybee01]

Cool. But, you didn't answer the question.

The question is irrelevant. The current inflation has nothing to do with printing money. It has everything to do with oligopolies. Oligopolies can raise prices because they can, not because they have to. The financial statements show most companies are making record profits.

 

[Woodznutz]

That is so much bullshit. A recent Dallas Fed survey showed that around 60% of oil executives show investors are the reason they are not drilling more. 9% say a lack of financing and around 7% say government regulations

Oil price uncertainty is the biggest reason.

 

[bripat9643]

So then pulling money out of the economy would have the opposite effect?

That's true. When has that ever happened?

 

[bripat9643]

Please elaborate, because that doesn't really seem to make sense. Let's imagine for a moment that a society of 1,000 people has a GDP of $1,000. They want various goods and services, and they spend whatever money they have for the things they want, at whatever prices supply and demand yields. Now, let's say that all of a the society increases to 2,000 people, who also have their own wants and needs. Assuming those wants and needs are equal to the first 1,000 people, then the increased demand should drive prices up.

So why should increasing the money supply somehow cease to have an inflationary effect in this scenario?

What increased demand? Where did they get the money to pay for their "demand?"

 

[Stormy Daniels]

The question is irrelevant.

The question is exactly the subject of the entire thread. If you can't stay on topic then go away.

 

[bripat9643]

That depends. If more money is needed for a growing economy due to a growing population then inflation need not occur.

There is a way to print huge amounts of money and actually reduce inflation, by bypassing the Fed and paying government bills directly from the Treasury. Of course this won't happen.

Wrong.

 

[bripat9643]

The question is irrelevant. The current inflation has nothing to do with printing money. It has everything to do with oligopolies. Oligopolies can raise prices because they can, not because they have to. The financial statements show most companies are making record profits.

Prog commie propaganda.

It has nothing to do with oligopolies. Inflation is caused by the government creating money out of thin air. That's what it does to pay for deficit spending.

 

[bripat9643]

Only if the new 1,000 people only consume and don't also produce.

The new 1000 people need money to spend. Where did they get it?

 

[bripat9643]

It is owned by private bankers. Globalist Bankers, financiers and industrialists make up most of them. Rockefeller, Morgan, Warburg and Rothschild to name a few. The Creature from Jeckyl Island is a time-honored book on this and other events in history. They control the printing presses. They tried a few times in our history to bring a fiat currency into existence and we ended up back to gold and silver currency. These are the real powers of the world. Soros is their butler.

That's horseshit. The Fed is an arm of the government.

 

[bripat9643]

It doesn't cause inflation as some might think. It makes our dollar worth less. Things don't cost more to make, it just takes more dollars to buy them.

Money, real money is backed by silver and gold. When you just print money without anything backing it then it's worthless.

That's pure idiocy. "Inflation" is defined as making our currency worth less.

 

[Toddsterpatriot]

The chart is in "millions" therefore $9,011,958,000,000.

The chart is in "millions" therefore $910,000,000

 

[Toddsterpatriot]

The new 1000 people need money to spend. Where did they get it?

The same place the first 1000 people got it.

 

[Woodznutz]

Wrong.

It sounds counterintuitive, much like burning wood to reduce global warming.

 

[Toddsterpatriot]

The current inflation has nothing to do with printing money. It has everything to do with oligopolies. Oligopolies can raise prices because they can, not because they have to.

in·fla·tion: a general increase in prices

If it wasn't because of "printing money", the higher "oligopoly prices" would be offset by lower prices elsewhere in the economy.

 

[Woodznutz]

View attachment 623000

The chart is in "millions" therefore $910,000,000

Anybody?