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    SUNILDAS's Avatar
    SUNILDAS Posts: 1, Reputation: 1
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    #1

    Feb 16, 2009, 12:39 AM
    Printing more money
    Can countries print extra money whenever they wish to bail themselves out of a financial crisis or do they need to secure the amount to be printed by depositing the equivalent in gold at a safe place like Fort Knox?
    Sodium's Avatar
    Sodium Posts: 250, Reputation: 6
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    #2

    Feb 16, 2009, 01:40 AM

    I asked the same Question to Someone once, and there answer was

    If they do do that, then their mony becomes more wortheless to other countries.
    So I don't think they would want to do that!

    This is an awesoem question and I hope someone has a better answer!

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