How Smart Is Our Government???

Currency is not a commodity like corn or something. To just print the money would cause inflation, etc. Now the Fed. does increase the amount of money in circulation sometimes to help in some situations but not in the way you are suggesting. And by the way a penny is worth more than a penny, a nickel is worth almost a dime, etc, just from the metals in them. Where the government is not smart is that there are so many members of Congress and other elected officials who go just by polls or lobbyists and make decisions on all kinds of things that they know nothing about, especially technical things. One good example is they listened to extreme environmentalist about making ethanol from corn and this drove food prices way up and is resulting the extreme polution of water ways from the fertilyzer run off.

Every time the Federal Reserve prints money, it is either to replace worn out money or increase the amount of money that is in circulation. Since only a small amount of money needs to be replaced on a regular basis, the rest is used to increase the money supply, i.e. inflation. When the amount of money in circulation increases, while the amount of goods remains the same, it requires more dollars to get the same amount of goods. This money is simply printed sheets of paper; the paper itself has almost no value. Think about it, except for the ink printed on a bill, there is no difference between a $1 bill and a $100 bill. The only reason it is worth more is because the government says it is and enforces that. That means they can create as much money as they desire, all the while reducing the value of money in circulation (your money). So each time the Federal Reserve injects extra cash in the economy, they are literally indirectly taxing you, by taking away your purchasing power. They are taxing without representation. What is the solution? Our money must actually have value, like gold and silver does. That is why the Constitution says, in Article 1, Section 10, that "No state shall...make any Thing but gold and silver Coin a Tender in Payment of Debts;" So this paper fiat money we use is actually illegal! So who is making the short term profit on this printed money? Whoever gets the money, as far as I see it. So if a big bank makes some stupid mistakes and gets bailed, they are the ones walking off with the profit. I just wonder why the same people making the problems related to the current economic crisis are supposedly the ones who can fix it?!?

The extra money goes to the postal service for the shipping.. I am not sure how much one dollar weighs, not much, but a stack of bills would weigh a good bit, according to how big the stack was.. So, the post office has to charge according to weight and my guess would be that the extra goes to the post office or, maybe in some of our elected officials pockets.. I can't comprehend this amount but I do agree with you 1000%, Someone sure as hell is getting the money and it ain't me either.. You need a job in the government, you may just save us a few trillion dollars.. I am not sure if that is the highest amount that you can go to or not but on the lighter side let me add a joke in here.. Skydivers killed A Blonde is watching the news with her husband when the newscaster says,"Two Brazilian men die in a skydiving accident." The blonde starts crying to her husband, sobbing, "That's horrible!!! So many men dying that way!" Confused, he says, "Yes dear, it is sad, but they were skydiving, and there is always that risk involved." After a few minutes, the blonde, still sobbing, says, "How many is a Brazilian?" Well, when our government figures this amount out, that is what our National Debt will be a few Brazilian..

Your government is far more better than mine. Mine was like the most stupid and corrupt government in the world. Hope they'll change eventually.