Why doesn't the fed/government just print the money they need instead of borrowing it from da jooz...

Good afternoon user great question user.
Nations cannot simply nationalise their banks because of the sovereign debts they owe to the Supra-national financial institutions of the BIS, IMF, world bank etc.
Our current system was codified by the Bretton woods agreement characterised by:

fiat currency
>money back by nothing, nothing whatsoever, some argue it is backed by a nation's political security and national GDP consumption and output.

fractional reserve banking
>money created out of thin air provided they have a fraction of what is produced in deposit -its been shown they dont always have that deposit though.

Interest charged by the BIS, IMF, World Bank, ECB, central banks, inter-banks.
>the interest cannot be paid off without printing more money. you cannot create more money without creating more interest -thus a perpetual debt system.

What is for certain is that we live in a one world financial order, this cannot be underdone without a massive paradigm change wrought by global war.

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>fiat currency
How does it make any difference with what the money is backed?
>fractional reserve banking
In frb the credit created out of thin air by banks and loaned to customers is destroyed when the loan is paid back. What really creates money in that process is interest. Also banks don't have to be responsible anymore since the fed's got their back.
>Interest charged by the BIS, IMF, World Bank, ECB, central banks, inter-banks.
>>the interest cannot be paid off without printing more money. you cannot create more money without creating more interest -thus a perpetual debt system.
This is the thing I've been wondering. Why the fuck doesn't the gubmint just print the money they'd otherwise borrow?

>interest free money inflation free money

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The demand for money goes up when the economy grows and if money is created in accordance with economic growth, it doesn't cause inflation (at least according to the quantum theory of money)
If you loan 1 money and there's 1 money in the whole world and the lender charges additional 1 money in interest, you owe him 2 money even though there's still only 1 money in the world. That's why interest causes inflation since that additional money has to come from somewhere

>How does it make any difference with what the money is backed?
Because if its backed by something finite or takes resources to extract you cant keep printing it. For example, when we had the gold standard you could only print as much as the gold you had in deposit.
You could take your promissory note to the national central bank and theorectically exchange it for it's value in gold.

>Why the fuck doesn't the gubmint just print the money they'd otherwise borrow?
Well JFK was going to with Executive Order 11110 (sounds made up I know)
There are different ways to raise money from the financial markets other than printing money which will rigger inflationary pressures.
Governments can raise money through national bonds and treasury notes sold to mainly foreign investors.
China currently own 25% of US debt bonds.
If the USA started printing more money tomorrow, they would have to do it quietly.
Because once other nations discover it, it's going to weaken the USD.
A weaker USD is only good for export and not neccesarily for a consumption economy
that relies on people have power to buy things.

sources
JFk executive order 111110
>en.wikipedia.org/wiki/Executive_Order_11110

The us has 8100 metric tonnes of gold couldn't you just return to the gold standard and stop the Fed from legally counterfeiting money?

> Why doesn't the fed/government just print the money they need instead of borrowing it from da jooz?
Federal Reserve, unlike what the name imply, isn't gov's property.
It's a private bank that got the special privilege of printing the nation's money (because it's cheaper to use a private contractor).
Now, guess who own that private bank ?

Kennedy tried to get the Federal Reserve control back into the actual governement's hand.
He got a totally unrelated headache.

the fed does print money. Congress wont fund government by printing money because it's political suicide for inflation to go above 1.5%

have had a solution for nearly ten years

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>this cannot be underdone without a massive paradigm change wrought by global war.
listen the old bitch dies and we all ignore it and trade gasoline for weed

end of story

$19 trillion and counting user.
As long as you have the hegemony in the energy indusry with the petro-dollar you'll be good for a few more years.
Even then if anything happens, you switch to the SDR and be ok.

>if they had a limit of what they could print, then we would be fine
it's not so much the amount (quantity) in circulation but, the quality ie. what that credit represents.
if you issue the credit your self, as a sovereign nation and direct that credit towards productive activity, then your wealth and the value of your society is going to increase. That is, your actual, real wealth, productive human activity.
The problem facing humanity is that we have failed to define value as worth which is a uniqely human concept.
The way "value" is currently defined and functions is "can you sell it". This appeals to the lowest nature of humanity and reduces everything to the lowest common denominator, basically reducing man to the status of a mere beast.
If you want to end the Jew system, then you have to to this.
Define value as actual human worth, control the issuance of credit and only direct it towards those ends which corresponds to productive human activity, actual human worth.
The jew cannot exist in such a system.
Humanity has tried this twice - both times the jew threw a worldwide tantrum.

the pretro dollar has destroyed Americas manufacturing economy and turned it into a service economy. restaurant jobs and then you have securities which we fund all our currency account deficits. It only benefits the elite.

I thought education was free for you. You should embrace this, and go take an economics class.
>give a man a fish, and he comes back every day begging for more shit.

>the pretro dollar has destroyed Americas manufacturing economy and turned it into a service economy.
>It only benefits the elite.
oh, I quite agree you have a 90% service sector economy and even that is beginning to see signs of encroachment by automation.
E.g. Mcdonalds self-service.
Universal Income will eventually be brought into because it allows the elite to maintain their market position and hegemony while keeping the money moving enough for people to keep the economy going through consumption.