Does anyone know of an example in history where just printing off large sums of money actually had a long term positive effect on the economy of the country in question?

I can only think of examples like 1930's germany where it had a devestating effect on the economy.

 

Nope. I studied economics for 5 years to BSc level and cant think of one, why do you ask?

 

if your printing money off send some my way !!!

 

Nope, unless you like buying loafs of bread with wheel barrows full of Ł20's

 

I just figured that given the fact that presumably people like Mr Brown and Mr Obama have access to research tools like "TV" and "books" and "google" etc, so I just wondered where they got their data that it was a good idea?

Or is it a case of "it failed the last 57 times it was tried, so by the law of averages it MUST succeed this time"

 

it was good for germany. they had enough money to spend on some european and african holidays for thousands of their soldiers

 

Well in fairness in some ways it DID do ok for the germans long term, they managed to build the autobahns on printed currency that wasnt underwritten by anything after all.

Their way out of it was to imprison a few million people of certain origins and steal everything they owned then work them to death, eventually this got to the point where it essentially paid back the defecit on the currency value.

Maybe brown has something similar planned over here?

 

wiki says that japan's been doing it for years.

the only example i can think of off the top of my head is 1930s germany tho

 

i believe the system worked well in zimbabwe.
its got to work, our know all leaders said it will.

 

no in zimbabwe they have no exports, so there bonds mean nothing so worthless.

But british bonds mean a bit so it will work I think............. lol

 

i was joking.

 

i dont get how printing more money works either tbh but im not into finance at all

how does that money get distributed ? as in who would get it ?

 

the guys making these decisions aren't into finance either. not very prudent now are you gordon 'country fucking' brown?

 

didnt they also buy our gold reserves too though

 

also sold off by gordon nob end brown when gold value was at an all time low?

 

in hes defence how was he to know it wouldnt keep going down,,, let alone come back up,,, its not as if hes job was about understanding the world markets is it ?????

 

i suppose to be fair its not his fault he's inadequate and has been found out good and proper with no one else to blame .

 

they dont actually print more money ... its a case of selling things that they own for in reality money that does not exist ... i.o.u in other words ..lol ..

and no it does not work ....
car tax will soon cost you Ł10000000, although a loaf of bread will be Ł100000 lmao

 

I do wonder if its a conspiracy by Brown, to eventually ploy for scottish independance probably find hes been stashing UK assets for transfer to Scotland

No but he does have people who do research etc for him so he should on balance make reasonable decisions most of the time

 

This is the only thing I could find that is most relevant...

http://www.frbsf.org/publications/ec...el2006-28.html

So no Chip...it appears not.

 

bu their system was called "boj" so i don't think that instill's a lot of confidence

 

or BOJ stands for Bank Of Japan

 

shh, i knew that

 

to my way of thinking.. The more there is of something, the less its worth?

I mean, when the market is flooded with a product, generally the price goes down.

so surely IF this was to happen, it would just devalue the currency that was being printed?

 

but they aren't prnting it are they?
they are just telling peole they've got more so that they can give the banks big loans to help out

in effect, by just putting another zero on the end of their figures and making it look like they have more

basicly

yes?

 

which is the same thing dojj

 

Nail. Head.

 

dojj, and your in a 40k a year job, can you give me your employers number, i think i fancy being MD of that compay

 

They don't actually physically print more money and distribute it to the population !!!!

 

lol we know that (i hope ) but its the easiest way of looking at it lol

 

i used to live by a fella and he printed his own money did fuck all for him too got 7 years

 

They should do it, like in the first Batman film. Have a big parade and throw fuck loads of money about.