Why is it that only the United States has the right to print money, and why is it said that the Unit

Updated on Financial 2024-02-25
10 answers
  1. Anonymous users2024-02-06

    The U.S. dollar is the international currency and can be exchanged directly**. Formally speaking, only **, ** is the real currency, the US dollar and the RMB are just paper money, which has no value in itself, and performs monetary functions in the market instead of ****. Because the United States is economically strong and stable, politically superpowered, and is the leader of the Western world, it can control the financial economy of the West.

    In addition, it has the largest ** reserves in the world and has the ability to keep the value of the US dollar (the exchange rate with **) stable, so the US dollar has become a recognized international currency in the world (as far as the RMB is concerned, it is not in the flow at all).

    Only the United States has the right to print money" refers to the right to print money in the US dollar, the international currency. It is not at all true that the Federal Reserve is the financial center of the world.

  2. Anonymous users2024-02-05

    After the end of World War II, the United States became the dominant force in the world because European countries were facing the problem of reconstruction. In order to establish a new monetary system, the United States initiated a monetary system involving 26 countries. The Bretton Woods system was signed in the United States.

    At the same time, the International Monetary Organization and the World Bank were established to stipulate that the US dollar is directly pegged to **, and other world currencies are pegged to the US dollar. That's what I know, if the landlord is not satisfied, you can leave me a message.

  3. Anonymous users2024-02-04

    It used to be tied to the US dollar, but now it is because there are US troops behind the US dollar and more than 700 military bases overseas. In addition to China, North Korea, Cuba, Iran, Venezuela, etc., it has a power vacuum, and the United States covers the whole world.

    The rest of the place is on Earth, referring to **hit**.

    But it is estimated that it will not work in the future, and the US military has not been able to fight in the past few years, and it is deeply trapped in Afghanistan... In the South China Sea, the East China Sea almost does not dare to sail freely at will...

  4. Anonymous users2024-02-03

    Shout regret! The United States does not have the right to print money.

    The right to print money in the dollar belongs to the Federal Reserve.

  5. Anonymous users2024-02-02

    Of course, only the United States has the right to print the dollar.

  6. Anonymous users2024-02-01

    Because the United States uses the credit of the United States as collateral to print money, the national debt corresponding to the printing of money by the United States has increased, so it is impossible for the United States to pay off its debts.

    United States Dollar Currency abbreviation: USD; ISO 4217 Currency**: USD; Symbol:

    usa$) is the legal tender of the United States of America, the Republic of El Salvador, the Republic of Panama, the Republic of Ecuador, the Democratic Republic of Timor-Leste, the Republic of the Marshall Islands, the Federated States of Micronesia, the Republic of Kiribati and the Republic of Palau. The dollar banknotes in circulation are the editions of banknotes issued since 1929.

    It appeared after the passage of the U.S. Minage Act in 1792. Currently, the issuance of the US dollar is controlled by the US Federal Reserve System. Since 1913, the United States has established a federal reserve system and issued federal reserve bills. More than 99% of the banknotes currently in circulation are Federal Reserve Bills.

    The competent authority for the issuance of US dollars is Congress, and the Federal Reserve Bank is responsible for the specific issuance of US dollars. After World War II, continental European countries reached an agreement with the United States to use the U.S. dollar for international payments, after which the U.S. dollar was widely used as a reserve currency outside the United States and eventually became an international currency.

  7. Anonymous users2024-01-31

    In the modern economic system, money is the blood that flows and is the basis for trading, ** and investment. In the United States, currencies are mainly issued and maintained by the Federal Reserve Bank of the United States, which is in the spotlight. So why can the United States print money at will?

    1. It is to meet the monetary needs of the people, the United States is a consumer society, and people need cash to pay for goods and services. In addition, people also need cash to invest and save. As a result, the Federal Reserve Bank of the United States needs to print banknotes in sufficient quantities and denominations to meet people's needs.

    2. The United States is one of the most powerful countries in the global economy, and in the process of global economic and political competition, it is an important international monetary policy tool to have sufficient reserves and print a sufficient number of dollar banknotes.

  8. Anonymous users2024-01-30

    The United States is not allowed to print money casually.

    The total amount of broad money in the United States is about 12 trillion, and it is estimated that at least half of it is in circulation outside the United States.

    Hypothesis: The United States is now printing $3 trillion with the money printing press.

    First of all, then the total amount of money in the United States is 15 trillion, and the dollar will theoretically depreciate by 20%, in fact, it is far more than 20%, because when you have the expectation of a sharp depreciation, the world will sell the dollar sharply, plus the effect of some financial leverage, it is not surprising how much the depreciation is, of course, this is just a hypothesis.

    In addition, if the extra $3 trillion of the approximately $6 trillion currently circulating in the United States cannot get out, coupled with the global sell-off of dollars, the inflation rate in the United States may be 100% or more, and such a huge inflation occurs in the United States, where people do not like to save, then the US economy will collapse directly.

  9. Anonymous users2024-01-29

    Obverse: George Washington, the first president of the United States.

    Back: The dark side of the pyramid on the left faces west, representing the wild and unexplored western part of North America at the time. Above the pyramid is a pattern of the eye of envy, which symbolizes that although the construction of the United States is not yet complete, with God's help, the goal will be achieved.

    On the right is the coat of arms of the United States.

    Obverse: Thomas Jefferson, the 3rd U.S. official.

    Back: Oil painting "Declaration of Independence".

    Obverse: Abraham Lincoln, the 16th U.S. officer.

    Back: Lincoln Memorial Dry Pai Friends Hall.

    Obverse: Alexander Hamilton, the first U.S. Secretary of the Treasury.

    Back: U.S. Department of the Treasury.

    Obverse: Andrew Jackson, the 7th member of the United States.

    Back: White House.

    Obverse: Ulysses Simpson, the 18th U.S. U.S. Simpson, and U.S. Simpson.

    Back: U.S. Congress.

    Positive: American politician, diplomat, author, scientist Benjamin Franklin.

    Back: Independence Memorial in Philadelphia.

  10. Anonymous users2024-01-28

    Quantitative easing is to increase the issuance of dollars. There is no need to "print money", just add a number to the balance of the Federal Reserve Bank in the computer. No printing is required.

    The United States cannot "print money" at will, including quantitative easing. Its decision-making needs to be studied, discussed, and approved by the Federal Reserve, Congress, and although the economy is not good, it has only been implemented a few times this year, and each time it is not done casually.

    Because of its international monopoly position on the dollar, the United States does not have as much inflationary pressure as other countries to increase the issuance of currency. Therefore, it is easier for the United States to make such a decision than other countries, but it is by no means casual.

    As for some Chinese angry youths criticizing China's purchase of US Treasury bonds, that is ignorance. In order to maintain employment rate and GDP growth, China needs to rely on labor-intensive export-oriented enterprises, and it is inevitable that there will be a large foreign trade surplus. If you earn foreign exchange, you need to invest it, and you can't put it under your pillow.

    If China buys goods because of the "money it earns", it will cause international prices (such as a large amount of oil, minerals, and agricultural products), endanger China's own interests, and endanger China's own industry and agriculture (such as a large number of American pork, which is much cheaper than China's, China's pig industry will be defeated). U.S. Treasuries are the only way to accept that much money from China and a steady yield. If you don't buy U.S. Treasury bonds, do you want to buy Japan?

    Greek? Saving and other devaluations?

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