A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.— Ray Dalio
Attractive Printing Money quotations
Printing money is the last resort of desperate governments when all other policies have failed.
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
Printing money is merely taxation in another form.
Rather than robbing citizens of their money, government robs their money of its purchasing power.
If you demand money from someone in exchange for your silence, it's called 'blackmail'. If your lawyer demands money from someone in exchange for your silence, it's called a settlement. If you do big things they print your face, and if you do little things they print only your thumbs.
The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden on the economy.
If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.
Printing money creates inflation, which weakens an economy.
Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.
We have an economy that tells us it is cheaper to destroy earth in real time rather than renew, restore, and sustain it. You can print money to bail out a bank but you can't print life to bail out a planet.
I found myself doing extraordinary things that arent in the textbooks.
Then the IMF asked the U.S. to please print money. The whole world is now practicing what they have been saying I should not. I decided that God had been on my side and had come to vindicate me.
At some point, the dollar has to give.
You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
Throughout history, every government that's printed money, the money has eventually gone to its ultimate value which is zero. Remember? The confederate dollar went to zero. The continental went to zero. That's what happens when you have a bank that's allowed to print as much money as it wants to.
Paper money is made of cotton, and I'm long cotton, by the way.
One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.
I tried the religion scam in Miami, so I know how hard that gig is.
But, if you can get it to work, starting your own religion is a license to print money.
Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.
And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.
I believe in taking care of myself and teaching other people who want to learn.
I don't believe in just printing money and giving money. I'm willing to teach those who are willing to learn. If you're not willing to learn, then go vote for Obama. I'm not Republican or Democrat, so don't get me wrong.
If we have a bitcoin universe, you don't get to print money for war.
You don't get to have money for a prison/industrial complex. You don't get money for a war on drugs. You have to ask the people.
There are no checks and balances if the gov is wrong.
If a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut; if he bets wrong, he loses; if the gov bets wrong, they just get bigger, they just appropriate more money. It's a bottomless pit, because they either get it from the tax payers or run it off a printing press.
With QE3, we are essentially being bought out with our own money.
..and unemployment is being used to facilitate this process in a very clever manner. Monetary inflation is currently being offset by labor deflation. The way you avoid collapse is by printing money and stealing assets. The way you avoid inflation is with labor deflation.
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent.
The problem is this: in order to make money- lots of money- we don't need flawless literary masterpieces. What we need is mediocre rubbish, trash suitable for mass consumption. More and more, bigger and bigger blockbusters of less and less significance. What counts is the paper we sell, not the words that are printed on it.
In a world where wealth is growing, you can get away with printing money.
Doubling the debt over the next 20 years is not a problem.
More paper money cannot make a society richer, of course, it is just more printed-paper. Otherwise why is it that there are still poor countries and poor people around?
Printing money is merely taxation in another form.
Electronic distribution is more of a fall-back strategy for putting out a book that isn't deemed profitable enough to print. You hardly make any money publishing an electronic book.
You [ the American President] can print more money, you just print and pay.
I mean, it's a bad option, but you can do it.
The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
The ideas keep going, you have the material, you cut because there's a limit to the space allowed to you. And the space is limited because of some other constraints that have to do with money or printing or whatever.
Images proliferate. Am I wrong in being reminded of printing money in a period of wild inflation? Do we know what we are doing? Are we able to evaluate what we have done?
Once the idea is accepted that money is something whose supply is determined simply by the printing press, it becomes impossible for the politicians in power to resist the constant demands for further inflation.
What's been missing from digital music sales has been the possibility of added depth. In a printed package one can only include so many images and so much text - for example - but digitally it's wide open. For the most part at the moment we get less information for slightly less money - though we could be getting a lot more.
I am surprised at all the people in the high-tech industry focused on "making money"... If that's all they want to do, they should have a $100 printing press in their basements and they will truly "make money." Instead, if we focus all that energy on innovation, we'll change the world for the best.
One-newspaper towns are not good because all the surviving newspaper does is print money. They make 25 percent on their money every year, and if they go down to 22 percent, they start laying people off.
The superhero genre speaks to a vast swath of humanity these days, and studios are in the business of constantly renewing their money-printing licenses. I sense we're nearing a saturation point with some of these icons, where it becomes more about the action figures and Happy Meals than it does the mythological heartbeat of the core ideas.