Politics.ie
Advertise on Politics.ie

Go Back   Politics.ie > Topical Discussion > Economy
Why not just print some cash? Why not just print some cash?
Home Forum Tags Register Blogs FAQ Members List Calendar Mark Forums Read

Why not just print some cash?

This is a discussion on Why not just print some cash? within the Economy forums, part of the Topical Discussion category on Politics.ie. Why not. It does seem we bought Anglo Irish using IOUs...
Reply
Page 2 of 5 1 2 34 Last »
 
LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old 9th February 2009
Politics.ie Member
  
Join Date: Jan 2008
Posts: 6,333
Default
Why not. It does seem we bought Anglo Irish using IOUs
Reply With Quote

Advertise on Politics.ie

  #12 (permalink)  
Old 9th February 2009
Politics.ie Member
  
Join Date: Jan 2009
Location: Ireland
Posts: 812
Default
At the very least pay the banks their 8 Billion with some of that cash the IRA stole from the bank from the North!
Reply With Quote
  #13 (permalink)  
Old 9th February 2009
Digout's Avatar
Politics.ie Member
  
Join Date: Oct 2008
Location: at the bar, where the sock puppets are
Posts: 13,676
Default
I'd say if we checked in safes, under matresses of FF members we'd find plent of cash in used untraceable notes.
__________________
I'm on a temporary, heading towards permanent ban for using dozens of sock puppets
Reply With Quote
  #14 (permalink)  
Old 9th February 2009
20000miles's Avatar
Politics.ie Member
  
Join Date: Aug 2008
Location: Blumenau
Posts: 3,656
Blog Entries: 1
Default
This is the main policy suggestion from the Zimbabwe School of Economics. The School's chief economist, Mr. Robert Mugabe has used this policy to stimulate the economy of one small African nation. As a result many new billionaires were created almost overnight. Mr. Mugabe has since stepped down from his post, and is rumoured to have accepted a new position at Anglo Irish Bank.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
¦
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote
  #15 (permalink)  
Old 9th February 2009
Politics.ie Member
  
Join Date: Jul 2008
Location: Wexford anois
Posts: 2,242
Default
freestate euros start with x on the serial.

this is the famous quantitative easing which also includes govts lending moneys to financial institutes (happening) and the other part is the buying of govt bonds (which may happen with the ECB buying Irish and other PIIGS bonds.

So as crazy as the idea sounds its already happening and in a fairly big way with the chance that it will get bigger. Why bother printing the physical notes.
__________________
In 1978 Fianna Fail set the world record (which still stands) for the biggest deficit for an advanced country with a whopping 17.6% deficit.

In 2009 Fianna Fail again goes one better by presiding over a decline the IMF said could be "the largest among advanced economies."

Fianna Fail - the party of economics records.
Reply With Quote
  #16 (permalink)  
Old 9th February 2009
Politics.ie Member
  
Join Date: Jan 2008
Posts: 6,333
Default
Quote:
Originally Posted by bluefish View Post
At the very least pay the banks their 8 Billion with some of that cash the IRA stole from the bank from the North!
They probably lost it due to the collapse in the equity of Gerry's second house in Donegal
Reply With Quote
  #17 (permalink)  
Old 9th February 2009
orbit's Avatar
Politics.ie Member
  
Join Date: Dec 2008
Posts: 1,940
Blog Entries: 2
Default
Quote:
Originally Posted by bluefish View Post
Ok, I have an idea, dishonest, but who cares, we need the cash!

The Bank of Ireland as I understand it still prints Irish money in the form of Irish Euros.

So why dont we just keep the printers running day and night?

Flood the market with Millions/Billions of Euros, pay all our debts, look after the banks, and dont say a thing. Buy up foreign bonds for security.

Whats the worst that could happen? Our Euros would just dissapear into the European Euro market, nobody would be the wiser if a few extra billion Euros from Ireland were being flushed about?

And by the time Europe found if they ever did, providing we did it on the QT out we would be flush with money and the European Bank would have to sort the problem out!
Might be better printing US dollars. There's a few people round who might know a bit about that
Reply With Quote
  #18 (permalink)  
Old 9th February 2009
Politics.ie Member
  
Join Date: Jul 2008
Posts: 658
Default
Quote:
Originally Posted by Digout View Post
I'd say if we checked in safes, under matresses of FF members we'd find plent of cash in used untraceable notes.
They'd mostly be Irish punt notes though..
Reply With Quote
  #19 (permalink)  
Old 9th February 2009
Digout's Avatar
Politics.ie Member
  
Join Date: Oct 2008
Location: at the bar, where the sock puppets are
Posts: 13,676
Default
Quote:
Originally Posted by jc_ie View Post
They'd mostly be Irish punt notes though..
Dont worry, I'm sure many millions has been scammed since then. The amount of money that moved recently during the crisis was the perfect cover for crooks to clean money with no questions asked.
__________________
I'm on a temporary, heading towards permanent ban for using dozens of sock puppets
Reply With Quote
  #20 (permalink)  
Old 9th February 2009
20000miles's Avatar
Politics.ie Member
  
Join Date: Aug 2008
Location: Blumenau
Posts: 3,656
Blog Entries: 1
Default
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
¦
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote
Reply
Page 2 of 5 1 2 34 Last »

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Irish Times print advertisements conservative green Media 0 20th May 2009 01:36 AM
Print money! macdarawhitfield Economy 6 12th March 2009 12:30 PM
EU to finger-print travellers gosimeon Europe 32 14th February 2008 02:36 PM


Advertise on Politics.ie

All times are GMT. The time now is 07:07 PM.

Home - Contact Us - Advertise - Privacy Statement - Top