If any country printed more money, they wouldn't magically become more rich, because the more dollars the exist on the country, the less they will be worth, thus leading to massive inflation, rendering the US Dollar worthless.
Increasing money supply (quantitative easing) makes people feel richer, but money on its own has no value - only the goods or services it can buy. Hence, printing money causes inflation which devalues the currency.
Countries can print more money, and they do!
However if they print too much money, then its value falls (as with anything having an excess of supply) triggering inflation.
One of the worst examples of this was post World War 1 Germany, where they printed enormous amounts of money (even going so far as to reprint higher denominations over existing bills) to pay the reparations to the Allies demanded in the treaty of Versailles. The result was a rampant exponential inflation followed by a depression that spread virtually worldwide, becoming the "Great Depression" when it reached the United States. This inflation/depression was a significant factor in the rise of Adolf Hitler's political power and the start of World War 2.
the more money you have the less it's worth
printing more money would cause massive inflation and render the dollar worthless after too much is in circulation and everyone had too much money.
We cant just print more money because we have to mach the money in gold. So if we make more money thin it would be less for later things. (such as wars and disaster response.)
They print more bills in the Treasury.
Print more money...
Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.
It messes up the economy.
print more money
We cant just print more money because we have to mach the money in gold. So if we make more money thin it would be less for later things. (such as wars and disaster response.)
In order to print money you need the gold to back up the printed banknotes in order to keep and even balance
They print more bills in the Treasury.
Print more money
Print more money...
Not all countries print their own money. A country can only print money if it is in control of its currency like Japan and the US. One country that cannot print money is Greece because they are not in control of the Euro.
It messes up the economy.
The constitution gives the power to print money to Congress.
If they simply print more money, it will reduce the value of the U.S. dollar. This is called inflation. This inflation would counteract the added value of the newly printed money, so there would be no net gain.
The Treasury and US Mints.
No. The constitution reserves the power to print money to the United States Congress.