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/sci/ - Science & Math

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3910446 No.3910446 [Reply] [Original]

What would be the economical consequence of printing and giving everyone in the US one thousand US dollars?

>> No.3910452

massive rise in inflation.
exchange rate for the american dollar would crash.

>> No.3910453

Inflation. Nothing extremely serious, though, since you're talking about 300 billion dollars in total.

>> No.3910458

The US dollar would be $307,006,550,000 less in value, and everyone would just have a thousand bills worth of the equivalent of Ghanaian money or some shit.

>> No.3910465

Not OP, but what if i gave 1 million to each person.
Yes it would further the inflation, but if i did that in ONE day, and that day the citizens bought stuff from abroad, wouldn't the US be more rich?

>> No.3910466

>>3910453

Hey Bro,

You know when you put it that way, even a 2% increase in inflation sounds like a ton of money.

>> No.3910469

>>3910465
The US economy would crash like a meth addict after 80 hours of being awake. The dollar would no longer be worth anything.

>> No.3910473

>>3910465
lol, that might work. but all the other countries would be very suspicious as to why suddenly loads of americans are ordering extremely expensive things being shipped over at the same time. and a couple of days after when the dollar is worthless, they will all fucking hate you and probably demand the items are returned.

>> No.3910493

what if we just randomly print lots of money without recording it - so that there is no evidence to suggest this happened - and throw it in the economy for fun

>> No.3910500

A huge influx of extra money means currency devaluation common op it's not that hard

>> No.3910503

>>3910493

Inflation would still happen, it would just go unreported. And ultimately the fraud would create an additional problem.

Greece for example, lied for about a decade about their financial condition Maybe that made their problem a lot worse than if they simply spent too much.

>> No.3910505

If the Fed printed 30 billion dollars nothing would happen

>16 TRILLION IN JEWISH BAILOUTS

>> No.3910585

>>3910466

Something like 2% is big, but nothing disastrous. That's what I meant to say. Furthermore, a one-time event of giving people some money wouldn't cause a huge instant surge in spending, so there would also not be a sudden big jump in inflation.
If every citizen would receive $10,000, shit would probably get more crazy.

>>3910465
The sudden increase in demand for foreign currency, alongside a decrease in demand of the US Dollar would immediately grab other countries' attention. Financial markets work incredibly quickly, so this kind of arbitrage is impossible on a large scale.