Why does the US government not print money any more?
When the US government needs money and it has no money it gives out Treasury bonds, Treasury bills, and Treasury notes that countries, banks, businesses and people buy. The US government does not print money.
Why does the US government not print money any more? Why does the US government give out Treasury bonds, Treasury bills, and Treasury notes and not print money any more?
- RayLv 61 month ago
Those treasury pay outs are a way the government loans money.
The US government prints money every day but it does this to replace old deteriorated currency with newer, harder to plagiarize notes.
The US government doesn't print money to pay its deficits to avoid hyperinflation of the USD. Venezuela right now has the highest hyperinflation rate on its currency.
- JuanBLv 71 month ago
owning and operating printing presses is expensive.
- ZirpLv 71 month ago
printing is soooo 16th century
Most money is created out of thin air by BANKS in the form of credit.
According to the rightwing mantra "everything greedy corporations do, they do better and cheaper than a government that doesn't want to maximise profits"
- random_manLv 71 month ago
The Bureau of Engraving and Printing is fully up and running, printing money every day. I'm not sure what you mean.
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- OiyLv 61 month ago
The US Treasury prints the dollar, and it will add to M1. But to support the monetary policy, it has to issue the bonds. In the time of recession, the FED can use the money from the Treasury to purchase bonds from the banking sector. So it will reduce the interest rate, and the cost of doing businesses.
- Anonymous1 month ago
Who uses paper money? It's all credits now.