Noob/ serious question. Why can't the USA just print more money to pay off the $19 trillion debt?

originally posted by: Richsac89
I never paid any attention in economic class and had just barely caught on as to why raising the minimum wage comes with a catch. So serious and amateur question, why can't America just print more money to pay off the $19 trillion debt to foreigners?

If you are confused, Chris Martenson has some great videos on debt for noobs. Check him out at YouTube. He also explains inflation.

originally posted by: MyHappyDogShiner
Because the way the monetary system is set up, if one prints more, it only creates more debt.

There is no money in the system.

This thing we call money is actually nothing but IOU's, or debt notes.

The more funny money one prints, the higher the debt becomes.

Nope, it doesn't work for anyone but the banks, and it is designed that way....

Money is not generally printed for no reason at all. Rather, there are borrowers. And that in turn is driven by a finance industry that's part of a global capitalist economy where growth is a necessity.

a reply to: IBossJekler

Because the US doesnt own their money. The federal reserve is not the US government.

How did I miss this thread..late to the party. All responses upto yours so far, miss the mark. They have swallowed the cool aid fed by the MSM. What we're taught in high school "printing your own money creates inflation" -

Its got nothing to do with inflation and everything to do with the Rothschilds. They have their finger in every bank in the world. The governments gave the banks the power to create money out of thin air. They (Rothschilds) are so powerful now it can never be taken away from them. Some estimates put their wealth at $130 Trillion. They kept the European wars since Napolean financed, bankrupting countries by arming both sides of the conflict.

recommend this:
The Creature from Jekyll Island : A Second Look at the Federal Reserve Paperback – May, 1998
by G. Edward Griffin

Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait!

JFK was assassinated because he wanted "sound money" intending to create the Silver Dollar, wresting control back from the Bankers and making America strong again.

Saddam Hussein and Muammar Gaddafi Qaddafi were deposed because they intended to create a new gold based Dinar for the middle East, again threatening the monopoly control of the fiat money lenders.

a reply to: CriticalStinker

Printing is just a fraction of why.

nice hint haha - fractional reserve lending. Money form nothing