iLoveLifeć asked:
United States is in debt about $10,617,806,584,635.27. I know that printing out more money from the federal reserve and handing it out in our country would decrease the power of the dollar. But why don’t we just print out more money and give it to countries who we are in debt to? (Japan ($580 billion), China ($390 billon) and the United Kingdom ($320 bilion) Would the same problem of decreasing bang for the buck occur. Or would it be a different problem because it is overseas? This would at least reduce our debt by 1 trillion 290 billion. What are the problems with doing this and is this even legal/ethical? Thanks for any serious answers. 10 pts best answer.
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United States is in debt about $10,617,806,584,635.27. I know that printing out more money from the federal reserve and handing it out in our country would decrease the power of the dollar. But why don’t we just print out more money and give it to countries who we are in debt to? (Japan ($580 billion), China ($390 billon) and the United Kingdom ($320 bilion) Would the same problem of decreasing bang for the buck occur. Or would it be a different problem because it is overseas? This would at least reduce our debt by 1 trillion 290 billion. What are the problems with doing this and is this even legal/ethical? Thanks for any serious answers. 10 pts best answer.
Create a video blog
