Just wondering? Can government make new money in a machine? How was the money today made?

October 18, 2009 By 2 Comments

Can they just make money in like a machine, like billions of dollars??
Where did the money circulating the country today come from???

yeah they can and did print new money to get America deeper and deeper in debt. the paper represents gold, America doesn’t have enough gold to back it up the paper.

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Comments

  1. Pokie™ Obama / Biden 08 says:
    October 18, 2009 at 1:28 pm

    yes they do make them out of thin air. our money is not based on any hard assets like gold and silver. they can print any amount of money they want but that will raise inflation and the value of the dollar will go down. we are watching this happen right before our eyes. why do you think oil is more than a $120 a barrel?
    References :

  2. Da_webwalker says:
    October 18, 2009 at 2:13 pm

    yeah they can and did print new money to get America deeper and deeper in debt. the paper represents gold, America doesn’t have enough gold to back it up the paper.
    References :

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