Which country has highest amount of money & which organisation controls the pinting money by countries?
what if one country prints as much money they want?
why British pounds is stronger than any other currencies?
is it trut that American Empire controls this matter?
Answers:
I have asked this question to many Bankers, Analysts, Managers, Economists and Professors and always got just the theoretical answers you read daily and in many variations in the financial news round the world and which are never all the truth.
As far as the US$ is concerned, the FED controls or pretends to be willing and able to control the amount of US$ flooding the World Economy. Nobody but the FED controls the FED.
Printing Money, by the way, is not neccessary anymore. It's out of technical standard. If nobody controls You, you can just create or recycle or make vanish, on your computer screen, any Trillion amount of Money at your discretion within and for moments, allways just in time and there is very little chance of evidence. This must and will go on like this, otherwise .. It's all nothing but a question of power, the power based on the impossibility for outsiders to check and control what is really going on. The money pumped every moment round the globe is a total of transactions ordered by power play and does not represent the results of the effective industrial activities of the working world population. Z'all fake.
hi its is india in bihar ok lol
Fantastic questions,sorry i dont know the answers but will scroll back to find out some of your other answers later.
You should do an Economics course if you are interested in this type of question.
The country that has the most amount of money is USA, by a long way. It is usually the responsibility of a nation's central bank to print money. But the printing of money should only ever be in relation to the nations assets and wealth. In previous times for every ponud note printed, the Bank of England should surrender the same amount of gold in value should you wish to present it to them. That's the theory, although it obviously does not work that way in practice.
If a central bank merely prints money, without having the necessary assets to back it up - the result is hyper inflation, as is the case in Zimbabwe right now.
People believe that America controls this as the largest crrency in the world is the US dollar. In fact it does not. And in theory, should everyone in the world who owns dollars wanted to go to the US Treasury and claim the gold (or whatever other asset) instead, USA would be bankrupt.
The USA, being the largest economy, has the most money in circulation.
Since most nations abandoned the "gold standard" (where they guaranteed to exchange their currency for a fixed amount of gold on request), the only thing to constrain the amount of money printed is the market - the US government would like to control it, but even it doesnt always have the resources to do so.
If one country doubled the amount of its money in circulation, without adding extra reserves or increasing output, then the unit value of its currency would pretty much halve.
The British pound (Sterling, as we call it) is LARGER in denomination than most other currencies (ie worth more than one of them), but that doesn't mean it's necessarily STRONGER (ie that it holds its value better). It's just an historical accident. For instance, when launching the Euro the ECB could have made it ten times as big as it is - the choice of the actual unit is nominal.
The other thing is that the British economy has never experienced the sort of hyperinflation (> 100% per year) that has devalued currencies such as the Colombian Peso and Turkish Lira.
To show it's nothing to do with absolute economic might, the Maltese Lira (sometimes called Pound, since it used to be tied to Sterling) is probably the largest denomination in common use today, worth roughly £1.60 or US$3.
America, governments in each country deciede how much money they should print.
I f a country prints as money with out considering the wealth of the country it entails inflation in the countrys' economy which means the value of the money falls down.
The pound is stronger because there is less paper money in circulation compared with the size of the UK economy.
America as a country would not have the right to set the monetary policy of an independent country. Although organisations like IMF do presecribe some monetary strategy to some countries.
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is it trut that American Empire controls this matter?
Answers:
I have asked this question to many Bankers, Analysts, Managers, Economists and Professors and always got just the theoretical answers you read daily and in many variations in the financial news round the world and which are never all the truth.
As far as the US$ is concerned, the FED controls or pretends to be willing and able to control the amount of US$ flooding the World Economy. Nobody but the FED controls the FED.
Printing Money, by the way, is not neccessary anymore. It's out of technical standard. If nobody controls You, you can just create or recycle or make vanish, on your computer screen, any Trillion amount of Money at your discretion within and for moments, allways just in time and there is very little chance of evidence. This must and will go on like this, otherwise .. It's all nothing but a question of power, the power based on the impossibility for outsiders to check and control what is really going on. The money pumped every moment round the globe is a total of transactions ordered by power play and does not represent the results of the effective industrial activities of the working world population. Z'all fake.
hi its is india in bihar ok lol
Fantastic questions,sorry i dont know the answers but will scroll back to find out some of your other answers later.
You should do an Economics course if you are interested in this type of question.
The country that has the most amount of money is USA, by a long way. It is usually the responsibility of a nation's central bank to print money. But the printing of money should only ever be in relation to the nations assets and wealth. In previous times for every ponud note printed, the Bank of England should surrender the same amount of gold in value should you wish to present it to them. That's the theory, although it obviously does not work that way in practice.
If a central bank merely prints money, without having the necessary assets to back it up - the result is hyper inflation, as is the case in Zimbabwe right now.
People believe that America controls this as the largest crrency in the world is the US dollar. In fact it does not. And in theory, should everyone in the world who owns dollars wanted to go to the US Treasury and claim the gold (or whatever other asset) instead, USA would be bankrupt.
The USA, being the largest economy, has the most money in circulation.
Since most nations abandoned the "gold standard" (where they guaranteed to exchange their currency for a fixed amount of gold on request), the only thing to constrain the amount of money printed is the market - the US government would like to control it, but even it doesnt always have the resources to do so.
If one country doubled the amount of its money in circulation, without adding extra reserves or increasing output, then the unit value of its currency would pretty much halve.
The British pound (Sterling, as we call it) is LARGER in denomination than most other currencies (ie worth more than one of them), but that doesn't mean it's necessarily STRONGER (ie that it holds its value better). It's just an historical accident. For instance, when launching the Euro the ECB could have made it ten times as big as it is - the choice of the actual unit is nominal.
The other thing is that the British economy has never experienced the sort of hyperinflation (> 100% per year) that has devalued currencies such as the Colombian Peso and Turkish Lira.
To show it's nothing to do with absolute economic might, the Maltese Lira (sometimes called Pound, since it used to be tied to Sterling) is probably the largest denomination in common use today, worth roughly £1.60 or US$3.
America, governments in each country deciede how much money they should print.
I f a country prints as money with out considering the wealth of the country it entails inflation in the countrys' economy which means the value of the money falls down.
The pound is stronger because there is less paper money in circulation compared with the size of the UK economy.
America as a country would not have the right to set the monetary policy of an independent country. Although organisations like IMF do presecribe some monetary strategy to some countries.
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