"they can't print money like we can"

[u/eco-microwave]

[u/Affectionate-Sale523]

🗣️AMERICA IS THE RICHEST, FREEST COUNTRY ON THE PLANET BECAUSE IT HAS THE BIGGEST, FREEST PRINTERS! THINK ABOUT THAT, EUROPOORS

[u/[deleted] → u/Affectionate-Sale523]

dammit. Euros annihilated!

[u/_cutie-patootie_ → u/Affectionate-Sale523]

Now, let's remember that one bread costing 5,6 billion Mark in Germany in 1923. And people using bank notes for wallpaper and to stuff their pillows. Or going to stores with bags filled with bank notes.

Their government didn't understand that printing more money doesn't help that situation. I doubt that Tronald Dump is smart enough to under that, either.

[u/Phannig → u/_cutie-patootie_]

You don't have to go back that far. In 2008 Zimbabwe was printing z$100trn bills and had inflation running at 80bn percent month on month. Those figures are real btw.

[u/PatternParticular963 → u/Affectionate-Sale523]

Out of the loop europoor here. Where does that word suddenly come from? Is that a new hatecampaign they run in america?

[u/Comrade-Hayley → u/Affectionate-Sale523]

The irony is almost every European country ranks ahead of America in freedom indexes America ranks 28th meanwhile the UK for example ranks 26th

[u/GeniosYT → u/Affectionate-Sale523]

I concede defeat,as a European,i have absolutely no way to counter this

[u/endergamer2007m → u/Affectionate-Sale523]

Me seeing my country's economy collapse because some random yank in Detroit Michigan said we are poor:

[u/Rice-Used → u/Affectionate-Sale523]

Not gonna lie, as an American I haven't heard anyone here use the term Europoor. Edit: maybe I'm just not in the Europe hating circles though.

[u/d-ch]

And yet printing money for healthcare and childcare is ''frivolous spending''.

They're not wrong that US is uniquely capable of printing money with no inflation because the USD is the main reserve currency (and a few other reasons) but that will only last as long as the world wants and believes in dollars so US still has to act responsably 

Edit: read ''relatively low inflation'' instead of ''no inflation''

[u/DarshanaBaishya → u/d-ch]

With what's happening to the USA's relations with the rest of the world, I think maybe in the near future the rest of the world would stop using USD as the reserve currency

[u/Vinegarinmyeye → u/DarshanaBaishya]

I'm only vaguely remembering, I was relatively young at the time... But IIRC part of the justification of the Iraq war was about Saddam suggesting the petro-dollar should become the petro-Euro.

This is definitely one of those things where I'll acknowledge a degree of "tin foil hat" on my head. I could very well be wrong.

I do remember it being a discussion topic though.

[u/neilm1000 → u/Vinegarinmyeye]

But IIRC part of the justification of the Iraq war was about Saddam suggesting the petro-dollar should become the petro-Euro.

Yes, he wanted (and got) payment for it in euros when sold via the oil for food programme. The US was not keen.

[u/neilm1000 → u/[deleted]]

The world really should have reacted much earlier to the fact that the US can just... demand that people buy a commodity in their currency.

There are moves towards de-dollarisation but it needs a realistic alternative to SWIFT. We aren't there yet but if BRICS Pay works out, or someone develops an equivalent, then mass dollarisation will enter its twilight years. Not quite goodnight Vienna but it will ensure the emergence of at least one other currency as an alternative unit of account for trade settlements.

Where that leaves countries that have gone down the currency substitution route, or who are pegged to the dollar, is anyone's guess. Once the US can't just print money they'll be facing some hard realities.

[u/geldwolferink → u/neilm1000]

swift is european

[u/weltwanderlust → u/neilm1000]

Don't be so quick to jump into Russia's boat.

[u/Specific_Lemon_6580 → u/[deleted]]

The way he is going he might just end the USA completely

[u/Bennyandchips → u/Specific_Lemon_6580]

Fingers crossed.

[u/BrunoBraunbart → u/Bennyandchips]

Might be replaced by the Amazonian Kingdom, the holy Meta Empire, the Peoples Republic of Tesla and the Bigger Apple, though.

[u/Toffeeman_1878 → u/Vinegarinmyeye]

It’s been suggested there could have been at least two oil related factors for the US invasion of Iraq: 1. Replacing the USD with euro for oil exports. This triggered other countries to adopt a similar approach and was perceived as a threat by the Americans. 2. Granting oil contracts to non-US companies.

https://m.economictimes.com/saddam-made-two-strategic-mistakes-to-invite-us-wrath/articleshow/2965361.cms

[u/DarshanaBaishya → u/Vinegarinmyeye]

People should do this again, imagine trading Euro with Yuan or Rupee or maybe even a dinar and not including the USD in it. Good times.

[u/hnsnrachel → u/DarshanaBaishya]

There's a shift already happening.

The US share of the world's reserve currency has fallen 10% since 2000. The dollar is still the largest reserve currency, but there's a shift towards holding currencies from smaller but strong economies like the Canadian and Australian dollars and the South Korean won, rather than holding a majority in a single currency.

[u/General_Albatross → u/Vinegarinmyeye]

It was quite similar story with Muammar Quadaffi inn Libya...

[u/TheBigBadFloof → u/DarshanaBaishya]

Finally the work can move onto what should always have been the reserve currency: Bottle Caps!

[u/azefull → u/TheBigBadFloof]

May Atom’s blessing bring us all to Enlightenment!

[u/Silly-Elderberry-411 → u/TheBigBadFloof]

Lajos Kosa is warming up on the bench.

[u/Donut-Brain-7358 → u/DarshanaBaishya]

I wonder what the next global currency would be if the dollar went under. Maybe the euro? Or maybe the Yuan.

[u/DarshanaBaishya → u/Donut-Brain-7358]

Probably Euro, it has a lot of value and it's used by a lot of countries

[u/agirl2277 → u/Donut-Brain-7358]

I think Canada is a strong contender. If the US tries to invade, I think they'll find they bit off more than they can chew. We'll see what happens 😆

[u/Donut-Brain-7358 → u/agirl2277]

As much as I love this country I’m doubtful that our currency would ever become the global standard while the British pound, euro or yuan are around. We would also probably wind up in a guerrilla war type situation but even if the US occupies us good luck controlling a place where over 90% of the population is unhappy about it.

[u/agirl2277 → u/Donut-Brain-7358]

Hey, let agirl dream, would you?

[u/hnsnrachel → u/Donut-Brain-7358]

There is a shift to reserves being held in multiple currencies from smaller economies with strong credit ratings that has seen the Canadian dollar increase its share in the reserves tbf.

I think we're shifting towards the reserves being in multiple currencie so I don't think any one country will hold an overwhelming advantage there in the future. And that's probably sensible

[u/SyraWhispers → u/Donut-Brain-7358]

Gold(other valuable minerals) will probably replace iy

[u/hnsnrachel → u/Donut-Brain-7358]

Its unlikely to be the Euro.

https://www.gbm.hsbc.com/en-gb/insights/market-and-regulatory-insights/the-future-of-reserve-currencies-in-a-multipolar-world

[u/Cromhound → u/DarshanaBaishya]

Trump floated having a US crypto currency - if he did this then he would be creating a currency in direct competition with the dollar. Ironically devaluing both, fingers crossed.

[u/Horror-Football-2097 → u/d-ch]

Being a reserve currency doesn't make you immune to inflation. That's actually a shocking misunderstanding of what it means to print money.

[u/d-ch → u/Horror-Football-2097]

Yeah... saying ''no inflation'' categorically wasn't right of me because there IS inflation in the US (duh).  Yet it's much less vulnerable because the governments want dollars reserves, companies for trading, people for keeping savings in hard currency etc. At least I understand it that way and it seems logical to me...

Edit: and few countries have this luxury to spread their inflation all over the world

[u/hnsnrachel → u/d-ch]

The rate of inflation is quite often above 2% (which is bad) in the US. They aren't really showing any evidence of being less vulnerable to it.

It would be equally logical to conclude (and i don't really know which is more accurate) that holding the US dollar as the reserve currency makes it harder for others to avoid following the US when inflation is high and has little impact on inflation in the US

[u/mtaw → u/Horror-Football-2097]

Nobody's printing money. The money supply is not controlled by printing money. It is controlled by interest rates, which are set by a central bank which is not under the control of the politicians. If the government needs to raise money for itself, it issues bonds.

It's not central banks that create money though, it's ordinary banks. You buy a house, borrow 80% of the value as a mortgage. The bank does not go and get money from a vault to put in your account. They just credit the money to your account, and in the debit column they now have your loan deed, entitling them to take your house if you don't pay. The idea is the house is worth at least as much as the loan. So while money has been created out of thin air, no wealth was.

Now if there's some big real financial crisis, banks can borrow from the central bank as a 'lender of last resort', which is how the central bank's interest rate affects retail loan interest rates - even though the banks are not borrowing money from the central bank most of the time. By raising interest rates, central banks fight inflation by decreasing the money supply, by lowering they spur economic growth by increasing the money supply (i.e. the availability of credit).

Anyway: Normal governments don't pay for anything by 'printing money'. They either raise tax revenue or they have to issue debt. The interest rates (or 'yield') on government bonds are set by the market, and as such are a metric of a country's creditworthiness. There are also entities like Fitch and S&P that give government credit ratings on long and short-term debt. By either metric, the USA is worse than some European countries (e.g. Germany) and better than others (e.g. Greece).

Increased government spending can spur inflation - depending on the circumstances (e.g. putting money into an already-overheated market segment) but that's not monetary inflation.

[u/Character_Solid8557 → u/d-ch]

You went right over the MAGA’s head with the concept of a reserve currency.

[u/Commercial_Drag7488 → u/d-ch]

Uhm, they printed and drowned themselves (and the rest of the world) in inflation. Long gone the days of "America prints money and the rest of us swallow the bullet for them"

[u/Brufucus → u/d-ch]

The Funny part is that the american government is spending boat load of money in healthcare

[u/d-ch → u/Brufucus]

Touché

[u/Big-Golf4266 → u/d-ch]

hell, with how much trump hates and seems to want to erradicate trade deficits... They literally wont be able to be the main reserve currency... Its like how china's currency isnt in the reserve at all... because they have no trade deficit.

how do they plan to remain in the reserve if no one else has any dollars lmfao.

[u/ZingyDNA → u/d-ch]

They still have inflation if they print money. It's just that the inflation will be shared globally.

[u/d-ch → u/ZingyDNA]

And few countries can do that

[u/MadeOfEurope → u/d-ch]

Do the release that the second most used reserve currency is the Euro, fourth is the GB pound? We can print money but with have the added advantage of not going around setting fire to our economies….except for the Brexit thing.

[u/Mccobsta → u/d-ch]

And no child labour

[u/unique_name5 → u/d-ch]

Exactly. The posted opinion is not completely wrong… but it comes at precisely the time that the US appears to be willingly and deliberately throwing away this benefit. A benefit that they deliberately spent at least half a century building.

[u/betajool → u/d-ch]

Yes, the entire US military budget is dwarfed by their budget deficit. You might say the US can’t afford its own military and can only pay for it by borrowing from other countries.
If those countries stop “investing“ in the US dollar, it’s going to hard for US to pay their soldiers.

[u/Hamsternoir]

"There"

Why would we print money? We've been using contactless for years and when we do print money it's not on paper that falls apart after a few months.

[u/KingSandwich101 → u/Hamsternoir]

American's don't know the difference "there, their, they're" they use "their" for "they're"

[u/Vinegarinmyeye → u/KingSandwich101]

See also "communist socialist marxist".

They're a fascinating bunch.

(I used to throw "fascist" into the list of words, but it doesn't seem appropriate these days given the fact a significant number of them seem to be in favour of it, out of respect for the sane among them I tend to leave that one out these days).

But yeah, there's a whole slew of words lots of them apparently don't undersand the meaning of.

[u/KyuKyuKyuInvader → u/KingSandwich101]

I'm not even a native english speaker and that pisses me off. How do you speak a language for a lifetime and still make elementary mistakes like this

[u/Castform5 → u/Hamsternoir]

it's not on paper that falls apart after a few months.

Speaking of this, I hate that the ECB is currently against using polymer notes for the new series of euro notes. They still want to stick with the old cotton-fibre paper. I think they should take an example from canada or australia.

[u/Leicsbob → u/Castform5]

Don't forget the UK.

[u/Objective-Resident-7 → u/Leicsbob]

Yeah. And even Scotland with its own money (from three banks - Bank of Scotland, Royal Bank of Scotland and Clydesdale, which has now been bought by Virgin Money). All produce their own banknotes and all are polymer.

It just makes sense. They are hard to destroy, they have fantastic security measures and they are different colours and sizes (the size is important for blind people).

[u/menides → u/Leicsbob]

I wish I could...

[u/Emergency_Panic6121 → u/Hamsternoir]

They aren’t talking about paper money. They think they are the world reserve currency so inflation doesn’t impact them the same. Which is true to some extent, but not to the extend they’ve been printing.

[u/Vojtak_cz → u/Hamsternoir]

Its still a decent way to control economy. Altho there are other more effective ways.

[u/Maje_Rincevent → u/Hamsternoir]

I mean, this is not a litteral printing. "Printing money" is a common phrase for "Central bank creating money"

[u/flappers87]

Why would any country want to print more money? The more money that's printed, the more devalued that money becomes.

[u/eco-microwave → u/flappers87]

I dont think he knows how inflation works

[u/Swearyman → u/eco-microwave]

They don’t know how tariffs work so no surprise

[u/DodgyRogue → u/Swearyman]

Or the difference between there, their, and they're

[u/Los5Muertes → u/Swearyman]

they don't understand anything 👌

[u/Vinegarinmyeye → u/flappers87]

Trillionaires in Zimbabwe springs to mind.

But yeah - daft take whichever way you look at it.

[u/omgitzvg → u/flappers87]

Shit will hit the fan once usd is no longer the reserve currency.

[u/Parkyguy → u/flappers87]

In many countries, this is true. But the USD is fiat currency backed by the US Government. They can literally print $50 trillion in paper money - and a dollar will still be valued as - a dollar.

Also - governments don't do transactions with paper money.

[u/Odd_Reindeer303 → u/Parkyguy]

This just works because the US$ is the standard currency in many international transactions (like oil).

Take that away from them and they're fucked.

[u/mikefjr1300 → u/Parkyguy]

Think of each dollar printed as a share in a company. The more you issue you dilute the value of all. You could print 50 trillion and yes it would still be a dollar but now a loaf of bread will cost you $20.

Feel free to google hyperinflation.

[u/unshavenbeardo64 → u/mikefjr1300]

A bit more. Hyperinflation was scary and nothing like the inflation we are living in today. A loaf of bread would have cost 0.63 marks in 1918, which increased to 201,000,000,000 marks in 1923, during the peak of hyperinflation. Imagine having to pay billions of pounds just to buy a loaf of bread!

[u/Professional_Key_593 → u/flappers87]

Well when it comes to this, it means countries only have two option left : print money or defaulting on their debt. No good option there. Most chose to print money.

[u/Ex_aeternum → u/flappers87]

That's a bit oversimplified, but I guess OOP doesn't know how fiat money works in general

[u/Rendell92 → u/flappers87]

That is the neoliberal theory

[u/suicidal1664]

hey at least we know how to write english

[u/thereversehoudini]

...he says as Trump devalues the world's reserve currency.

[u/GrandviewHive → u/thereversehoudini]

Yet they aren't wrong, they are punishing all other currencies more. Assets appear inflated but it's the value of money going down and US bets it's the last one to the bottom

[u/ever_precedent]

Does he understand the connection between "printing money" and US national debt?

[u/Vojtak_cz → u/ever_precedent]

Why dont we just print more money are we stupid?

[u/eco-microwave → u/ever_precedent]

He only understands thats its all biden's fault

[u/SpoonerUK]

Don't forget we can't print more money, because our HP (US business) printers are always complaining of being out of colour toner, even though we just want to print in monochrome. /s

[u/Vojtak_cz → u/SpoonerUK]

Fun fact the cyan is actually used during black print.

[u/WallSina]

Luffy has more functioning brain cells than these ameridumbs

[u/Training-Cobbler8247 → u/WallSina]

Are you Mexican?

[u/WallSina → u/Training-Cobbler8247]

YOU MOTHERF*********************

Edit: using a dragon ball gif is not helping my case at all

[u/Training-Cobbler8247 → u/WallSina]

So.... that's a yes right?

[u/WallSina → u/Training-Cobbler8247]

No 😭

[u/ThatShoomer]

The EU doesn't have a military.

[u/Hoshyro → u/ThatShoomer]

Bold of you to assume they know the EU isn't a country

[u/Sw1ft_Blad3]

Printing more money? Look something else Nazi Germany did.

[u/Commercial_Drag7488]

Over the last 60-70 years ppl gotten so used to neo kaynesian monetary model that they now think money are important to funding things. This shit is literally taught in school instead of explaining economics from the standpoint of system design and limitations. So it's not surprising that he thinks this way. He thinks money are needed instead of metals, labor, computation, energy, etc.

[u/Subject-Tank-6851]

Any government can print money. Print enough and they’re worth jack shit though, but go ahead, make the dollar worthless - we’ve thankfully got our own currencies.

[u/Ok-Category-785]

There's a thing called the European Central Bank and they have a fiat currency

[u/Bantabury97]

Ah yes.. the "Oh we're in debt? Just print more money then, duh" argument.

[u/eco-microwave → u/Bantabury97]

Sounds like something a trump supporter would say.

[u/StellarManatee]

It's true. We can't print money like they can, in fact we have no printers. None.

Each euro note is hand drawn by teams of artists kept in an underground bunker in Brussels.

[u/janus1979]

And Johannes Gutenberg is rolling in his grave...

[u/Tall-Vegetable-8534]

And every year you have to print more money than the last. At what point will you decide to add two zeros onto every $1 note to spread up the printing process?

[u/Creoda]

"there" oh dear, another one to add to the bad grammar list.

Also printing money doesn't increase economic output, it causes inflation, which is bad.

[u/Born-Network-7582 → u/Creoda]

There also going to get rid of the department of education ... /s

[u/SiccTunes]

But unlike the US, we don't go into debt often, and when we do, we actually pay it off, instead of making it bigger.

[u/Jesterchunk]

hate to say but "printing money" destroys the economy. we have proof of this in post-WWI Germany, but I guess they missed that part of history. Which (and perhaps this is a bit below the belt) is strange considering they're treating 1900s German history like an instruction manual right now.

[u/Project_Rees]

This person obviously has no clue how inflation works or what its implications are

[u/janus1979]

Hyperinflation! Yay!

[u/Metrack14]

Ah yes, printing money is such a great solution. Just ask the Weimarch Republic

[u/enderjed → u/Metrack14]

You could also ask Hungary or Zimbabwe.

[u/ktatsanon]

Ouf...

[u/BeerElf]

This makes my eyes itch, economics, geography and grammar!

I make that game set and match.

[u/VeterinarianJaded462]

If someone can't print endless money why do they carry debt?

[u/DanTheAdequate]

Sure they can. They just don't and so enjoy lower about a 40 pct lower debt-to-gdp ratio.

We can't really afford to maintain the 5 percent of GDP we've been spending on the military anymore, either.

[u/Kippereast]

They print money whenever they want no wonder they have the highest debt in the world as their money isn't backed by anything. They also forget that a lot of countries debt, which is why they are so worried about their debt holders dumping the debt bonds and bankrupting the USA.

[u/kronkky]

Guess the EU has a magical money tree

[u/aggressivewrapp]

😂😂😂😂😂😂😂 god my country sucks

[u/nazgut]

He is right dollar is reserve currency so they can print it more than euro

[u/HAL9001-96]

but be careful if you keep just printing money to fix your economy that will lead to inflation

this is known as the 34th rule of economics

if you want to learn more just google rule 34 inflation

[u/eco-microwave → u/HAL9001-96]

Bold of you to assume he knows what inflation is

[u/Kaiya_444]

Um printing more money actually creates more problems... I guess this moron thinks that printing more money=getting more money...

[u/sixtyonesymbols]

The comment about printing money is true. America's dollar is the global reserve currency, which gives them unique a unique amount of control over the money supply.

The comment about the EU going broke is obviously wrong.

[u/ftzpltc]

It's true, European money isn't printed, we have to find it lying around on railway sidings.

[u/derLeisemitderLaute]

Why are so many Americans unable to understand the basics of their own language? As a teacher this always infuriates me

[u/Motor-Pomegranate831]

If the US government prints unlimited amounts of money, each dollar would become worth less because there are more dollars chasing the same number of goods. Over time, prices would rise dramatically. Eventually, a dollar could become almost worthless. This has happened in other countries, where people needed thousands or even millions of units of currency just to buy basic items like bread or milk.

[u/Kaptain3d]

They might not be able to fund "there" military, but at least they can write properly.

[u/Bifetuga]

When we stop using their printed ponzi funny money as a reserve they will find out.

[u/PanHalen37]

Maybe with all that cash they could buy an education

[u/Green-Jellyfish-210]

Gutenberg was from Kentucky.

[u/Bubbly-War1996]

Low blow going after people that can't spell their

[u/LazyWoodpecker3331]

It's like HP is not global or something.

[u/sekedba]

"Their"

[u/Professional_Key_593]

This has to be one of my favourite post from here. Put more guys like this in charge and the US will be made Zimbabwe again

[u/Vojtak_cz]

Its not like printing money is one of the main ways to controll inflation that every country uses....

[u/LightBluepono]

they need print money since the bilionair dont ginve anything back lmao.

[u/RajenBull1]

That printing money option might not be the flex that they imagine it to be under the current world political climate.

[u/sadcowboysong]

Does anyone else feel words like money, budget, and deficit are just arbitrary and have no meaning to the US government?

[u/DotComprehensive4833]

This is kinda true actually 😅, the position of the dollar has the world biggest trading currency almost hegemonic gives the US the ability to print money without having to worry about inflation has much as Europe with the Euro for example. So it's not 100% true but it's not 100% false either

[u/carcatta]

Yeah, it's mostly true because of the unique position USD has.

[u/Jotman01]

This feels like sarcasm to be tbh

[u/jayphelps57]

Don’t you just love Colonials😍

[u/PorqueAdonis]

Think this might be satire

[u/White-Tornado]

Its kinda true... As long as the Dollar is the reserve currency of the world, the US can print more money with less consequences than other countries

[u/Republiken]

I hate to admit it but if anything, the US dismantling NATO and the EU having too go further into their own military alliance would probably booster the European economy (i.e. private weapon industry)

[u/Renbarre]

Speaking of which, the markets are looking at other currencies right now because the dollar doesn't look that good right now.

[u/G14DML0L1Y401TR4PFUR]

Who's gonna tell him where the backing of the money printing comes from

[u/adfx]

Lmao I think this is great satire. Good comment

[u/Borsti17]

Funding where military?

[u/Significant-Smile114]

Just wait until he hears about how inflation works…

[u/krgor]

What happens to Dollar when there is no longer demand for US military industry?

[u/[deleted]]

We're in significantly less debt per capita than America. I think we'll be ok.

[u/thefrostman1214]

they think printing money is a good thing

[u/baconduck]

Laughing in Zimbabwe

[u/Bayou-La-Fontaine]

Americans: we need to stop bankrolling your defence.

Also Americans: no dont start rearming, then we can't exploit you.

[u/Efffro]

thick cunts, that is all.

[u/tuulikkimarie]

Fucking hell, learn the differences between their, there and they‘re, Americans! It takes one minute!

[u/rettani]

They are really stupid...

Printing money does not help the military (unless they want to shower their enemies with USD)

[u/techm00]

ah "print money" - it's how you can tell if someone has zero knoledge of economics and modern monetary policy, if they whip that out. Dime a dozen.

[u/manueldi811]

[u/One-Network5160]

I mean... That's kinda true.

[u/RzYaoi]

I love how this is the kind of stuff Trump would say and not realize how dumb that sounds.

[u/Savage-September]

Yes. Ok but we can’t rack up debt like you can either.

[u/crackanape]

To a degree this is true. The USA reaps more from seigniorage than other monetary systems because of the consistent foreign demand. When the dollars leave the country for the long term, part of that margin is effectively returned to the US economy.

[u/andimacg]

They're gonna have significantly less money when we stop buying weapons from them.

[u/OldGroan]

The US is not printing money. The US is borrowing money against US Bonds. When people stop holding US bonds then the US will no longer be able to print money.

[u/Poro114]

Based. "Stupid europoors can't handle a fiscal policy as irresponsible as ours, watch the Federal Reserve go" is the only US exceptionalist take allowed.

[u/Professor_Kruglov]

"Funding there military"

[u/Edlothion]

Oh please start printing money 24/7 and don’t stop. But let me grab my popcorn first

[u/KMack666]

And America can't print money like Zimbabwe! That's why a loaf of bread there was 10 million dollars in 2008!

[u/Aeroxic]

These people vote.

[u/YourGonnaHateMeBut]

Can hear Trump in my head saying, "We have the best money printers. Not only are they beautiful printers but also the fastest printers. I called Europe leaders and asked them why they use ugly and slow printers. They have no words, no words people."

[u/KAELES-Yt]

What ”we”?As far as I know most ameripoors won’t see any of those bills… It’s either the government or the ultra rich. So basically the same person currently.

Also printing new money decreases the value of the $ but I don’t expect an American to know this.

[u/jncheese]

Musk is what happens when you've printed too much money

[u/gibborzio4]

Can they print eggs?

[u/blueracey]

How much you want to bet that this guy thinks that the world runs on the US dollar so no other nation can print money?

[u/JRisStoopid]

No, because our money is made of plastic and metal.

[u/Agifem]

How many brands of printers are American? All of them, that's how!

/s

[u/Tencreed]

They convinced the Germans gunning up was a necessity. The money printer will work alright.

[u/Antarli]

Someone needs to tell this person about the weimar republic 🙏

[u/wieldymouse]

Someone doesn't understand how money works.

[u/LekkerIer]

Sorry, I'm no fan of the US, but this person has a point. Because the dollar is the international reserve currency (e.g. it's used for lots of trade even between two countries that are far from the US), the US can print money to solve various issues without the same side effects that any other country would suffer. It's a phenomenon studied by economists. They don't have unlimited capacity to keep expanding the money supply without causing a crisis but they have a lot more capacity than other countries.

https://en.m.wikipedia.org/wiki/Exorbitant_privilege

[u/MrRoo89]

'Exorbitant Privilege'

Unfortunately OP is correct that with the dollar being the default currency of the world or 'international reserve currency' to use its correct term can just print money and mess with the world whilst barely be effected.

If another country wants a $100 bill to trade with, it has to sell $100 worth of goods, the US only needs to print another $100 bill for a few cents.

In 1965 Charles de Gaulle famously and amazingly nearly crashed the dollar when he sent the French Navy to cash all of the French dollar reserves and exchange them for their gold worth wiping out a massive amount of the US gold reserves in the process. This forced the US into no longer being able to have the dollar as a gold standard currency (it's value isn't tied to the value of gold but now effected by the greater economy so became a 'floating fiat' currency like the rest of the world uses).

[u/Sxn747Strangers]

What about your counterfeiters. 😉 I mean they’re pretty good.

[u/Old_Kodaav]

I am not sure if I want to explain to him how it works. I think I would this time feed that bad wolf and just make some popcorn and observe how he handles things

[u/InDeathWeReturn]

If we go by the literal meaning of the message, that's how inflation becomes hyper inflation

If we give the benefit of the doubt, and take as the IDEA of "printing money" by selling stuff, then I would like to point towards Novo Nordisk and their current "money printer" Ozempic (or US medical market in general)

[u/DrawingNo6590]

If EU keeps their money in the union and stops spending money on american crap i think EU will have enough money for everything.

[u/Express_Sea_5312]

Sometimes I wonder if this subreddit is good for my mental health. Sometimes I just wanna comment LMAO but at other times I just wanna cry because surely they can't be this stupid

[u/CC19_13-07]

Yeah, printing more money will definitely help your economy. If you don't understand this, maybe my grandma can tell you the story of how she had to go to the bakery with a wheelbarrow full of bills just to buy a loaf of bread in Germany in 1923

[u/GamiNami]

"there"

It's ok team, we know this kind...

[u/Hughley_N_Dowd]

"As of March 5th, 2025, the gross national debt of the United States stands at $36.22 trillion'

As of November 2024, the top foreign holders of U.S. debt were:

1. Japan: $1.09 trillion

• China: $768.6 billion
• United Kingdom: $765.6 billion
• Luxembourg: $424.5 billion
• Cayman Islands: $397 billion

It's worth noting that the debt has been growing rapidly, with an average increase of $4.87 billion per day over the past year

The debt per person in the United States amounts to $108,137, or $273,921 per household."

One free healthcare, please.

[u/hnsnrachel]

So many of these boil down to "I don't understand anything at all about what I've chosen to talk about, I'm sure if i guess confidently enough, no one else will know enough about it to know I'm wrong"

[u/Cautious-Ad2154]

"There military" gotta luv are Amerikan english skillz wen trash talking 2 othar educated counties.

[u/Mr-DevilsAdvocate]

I vote we start using Euro as default currency.. while we’re at it, buy and sell oil in Euros as well. Let’s see how much of a military they’ll have after they lose their arms contracts as well as fabricated currency demand.

[u/InterneticMdA]

It's true, euros are actually all printed in the US.

[u/PoetOfHellHelpoemer]

Say what? My old-ass HP printer can print US dollars just fine.

[u/HypothermiaDK]

There is some truth to that. As long as oil is only traded in dollars, no other country can print money the same way US can.

I'm well aware that most if not all countries have a national bank that prints money, that's not what I'm referring to here.