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Old 8th March 2009, 21:36   #1
JohnDotCom
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Default Confused..........

I am Puzzled. If I try to get out of any Financial Problems by Printing money,
its called Forgery and its a Crime and I go to Jail.

If the Government tries to get out of its financial problems by printing money
without any gold or reserves or assets to back it up
its called quantitative easing
and isn't a crime.
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Old 8th March 2009, 21:38   #2
Rabett_Rover
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Because they are in charge and make the rules
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Old 8th March 2009, 22:05   #3
lady zed
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Quote:
Originally Posted by JohnDotCom View Post
I am Puzzled. If I try to get out of any Financial Problems by Printing money,
its called Forgery and its a Crime and I go to Jail.

If the Government tries to get out of its financial problems by printing money
without any gold or reserves or assets to back it up
its called quantitative easing
and isn't a crime.

Are they actually PRINTING money? I thought they were plucking a hypothetical figure from cyber space and allocating so much to each bank to then circulate. Money doesn't actually exist til it's in your hand, it's so bizarre. It's just numbers.
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Old 8th March 2009, 22:19   #4
Lates
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Confused by Dot Com, is that not a website
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