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US prints more money to fight recession - 20 Mar 09

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Uploaded by on Mar 19, 2009

The US central bank is resorting to a tool of last resort in its battle to fight the economic crisis: printing money more than $1 trillion.

Al Jazeera's Nick Spicer explains how this move could affect the economy.

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News & Politics

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  • It's only going to get worse when they print money. It will only create high inflation!

  • slip of the tongue.. at 0:15 Obama said " I can't just KEEP ON.........ah..ah.. I can't print money". America in fact is printing money like never before.

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  • @MeekMusic Bravo...you are a good listener. I have some douts about this slippery 'I can't just keep on' but you are right. Thanks.

  • Attention! The Federal Reserve prints money and puts our nation into debt. They just said it in this video! The Federal Reserve is not part of the federal government. It is a private corporation separate from the government. This group was authorized by the government to control our nation's money supply. However, they are using it to support the interest of private bankers. THE GOVERNMENT DOES NOT PRINT ITS OWN MONEY!

  • @secularviewer2 and yet the cost of living says otherwise. you left the most important fact in your equasion, the amount of money in circulation that influences inflation. it has dropped by 10 percent in 2 years. the dollar is the only currency in growth. it will soon become the world currency. dont listen the the clap trap on the news or youtube.

  • @Mexicanblood493 People need money for transactions only when demand for labor would rise over supply prices would start to rise. Its the work of the real people that gives money its value, the price they are willing to exchange work-hours for money. We have privatized monetary system and the banks are demonetizing economy.

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