--- title: "Meaning & Key Takeaway of: What the U.S. does is it continues to…" description: "\"What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression during the s..." image: "https://sms4smile.com/quotes/i/1ab/alejandro-castro-espin-12304_conferences_what-the-u-s-does-is-it-continues-to-pri_1367753.jpg" --- # What the U.S. does is it continues to print money when the… ![“What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression during the summer of 2008 when they tried to resolve the economic crisis by printing valueless money. This is the business privilege given to them at the…” quote by Alejandro Castro Espin](https://sms4smile.com/quotes/i/1ab/alejandro-castro-espin-12304_conferences_what-the-u-s-does-is-it-continues-to-pri_1367753.jpg) [Download](https://sms4smile.com/quotes/i/1ab/alejandro-castro-espin-12304_conferences_what-the-u-s-does-is-it-continues-to-pri_1367753.jpg) [Open image](https://sms4smile.com/quotes/i/1ab/alejandro-castro-espin-12304_conferences_what-the-u-s-does-is-it-continues-to-pri_1367753.jpg) > “What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression during the summer of 2008 when they tried to resolve the economic crisis by printing valueless money. This is the business privilege given to them at the famous conference of Bretton Woods in 1944 when the United States emerged as the superpower after Europe and the rest of the world, mainly Europe, that had collapsed because of the war.” [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The U.S. relies on printing money during crises, a practice rooted in Bretton Woods, which can devalue currency. **In simple terms:** Printing money can devalue currency. Key Takeaway Beware of inflationary policies. Themes economics policy inflation Mood analytical critical Type economic political When to use this quote - budget planning - investment strategy - public debate Key Concepts monetary policy fiscal stimulus global finance Questions to Reflect On - What safeguards can prevent runaway inflation? - How does monetary policy affect everyday life? A Different Perspective Quantitative easing may cause long‑term instability. ★ ★ ★ ★ ★ No ratings yet [Crisis](https://sms4smile.com/quotes/about/crisis/) [Customer](https://sms4smile.com/quotes/about/customer/) [Economic crisis](https://sms4smile.com/quotes/about/economic-crisis/) [Economics](https://sms4smile.com/quotes/about/economics/) [Europe](https://sms4smile.com/quotes/about/europe/) [Money](https://sms4smile.com/quotes/about/money/) [Privilege](https://sms4smile.com/quotes/about/privilege/) [Resolve](https://sms4smile.com/quotes/about/resolve/) [Summer](https://sms4smile.com/quotes/about/summer/) [Superpower](https://sms4smile.com/quotes/about/superpower/) [United states](https://sms4smile.com/quotes/about/united-states/) [War](https://sms4smile.com/quotes/about/war/) [Woods](https://sms4smile.com/quotes/about/woods/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.](https://sms4smile.com/quotes/michel-chossudovsky/the-budget-targets-imposed-by-the-bretton-woods-institutions-combined/) [Michel Chossudovsky](https://sms4smile.com/quotes/author/michel-chossudovsky/) > [Money is economic power.](https://sms4smile.com/quotes/walter-bagehot/money-is-economic-power/) [Walter Bagehot](https://sms4smile.com/quotes/author/walter-bagehot/) > [The best way to make money is to have more economic freedom, which is why we are one of the very few large companies…](https://sms4smile.com/quotes/charles-koch/the-best-way-to-make-money-is-to-have-more-economic-freedom-which-is/) [Charles Koch](https://sms4smile.com/quotes/author/charles-koch/) > [You can print money to bail out a bank, but you can't print life to bail out a planet.](https://sms4smile.com/quotes/paul-hawken/you-can-print-money-to-bail-out-a-bank-but-you-can-t-print-life-to/) [Paul Hawken](https://sms4smile.com/quotes/author/paul-hawken/) > [If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you…](https://sms4smile.com/quotes/marc-faber/if-you-print-money-like-in-zimbabwe-the-purchasing-power-of-money/) [Marc Faber](https://sms4smile.com/quotes/author/marc-faber/) > [Print some money and give it to us for the rain forests.](https://sms4smile.com/quotes/vivienne-westwood/print-some-money-and-give-it-to-us-for-the-rain-forests/) [Vivienne Westwood](https://sms4smile.com/quotes/author/vivienne-westwood/) > [To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In…](https://sms4smile.com/quotes/eric-alterman/to-own-the-dominant-or-only-newspaper-in-a-mid-sized-american-city/) [Eric Alterman](https://sms4smile.com/quotes/author/eric-alterman/) > [Like having your own licence to print money.](https://sms4smile.com/quotes/anonymous/like-having-your-own-licence-to-print-money/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Throughout history, every government that's printed money, the money has eventually gone to its ultimate value which is zero. Remember? The confederate dollar went…](https://sms4smile.com/quotes/robert-kiyosaki/throughout-history-every-government-that-s-printed-money-the-money/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [“Cosmic Ordering is a licence to print money.”](https://sms4smile.com/quotes/stephen-richards/cosmic-ordering-is-a-licence-to-print-money/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [I don't get why the government is the only one that gets to print money.](https://sms4smile.com/quotes/stephen-colbert/i-don-t-get-why-the-government-is-the-only-one-that-gets-to-print/) [Stephen Colbert](https://sms4smile.com/quotes/author/stephen-colbert/) > [The world is completely revolutionized, so we're told, and so the logic goes that governments can just print money to pay their bills and…](https://sms4smile.com/quotes/pierre-poilievre/the-world-is-completely-revolutionized-so-we-re-told-and-so-the-logic/) [Pierre Poilievre](https://sms4smile.com/quotes/author/pierre-poilievre/) > [The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create…](https://sms4smile.com/quotes/doug-casey/the-time-will-come-and-probably-during-2009-that-the-only-way-the-u-s/) [Doug Casey](https://sms4smile.com/quotes/author/doug-casey/) > [When the government runs out of lenders, it can do something that households are forbidden to do: print money.](https://sms4smile.com/quotes/p-j-o-rourke/when-the-government-runs-out-of-lenders-it-can-do-something-that/) [P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/) > [“Print your own money...grow your own fruit and vegetables!”](https://sms4smile.com/quotes/anonymous/print-your-own-money-grow-your-own-fruit-and-vegetables/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## More by Alejandro Castro Espin > [There is us living the Cuban experience that we believe is ours. We do not believe that it is perfect, but it has been…](https://sms4smile.com/quotes/alejandro-castro-espin/there-is-us-living-the-cuban-experience-that-we-believe-is-ours-we-do/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [Communism is an aspiration, an aspiration is an ideal, a dream, a longing of something that would be perfect, but hard to build because…](https://sms4smile.com/quotes/alejandro-castro-espin/communism-is-an-aspiration-an-aspiration-is-an-ideal-a-dream-a/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [Cubans are a people who suffered from capitalism in the cruelest way, in the social order, the economic order and the political order.](https://sms4smile.com/quotes/alejandro-castro-espin/cubans-are-a-people-who-suffered-from-capitalism-in-the-cruelest-way/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [True medicine is to defend human life in any circumstances and not for political reasons or for reasons of any other kind, it is…](https://sms4smile.com/quotes/alejandro-castro-espin/true-medicine-is-to-defend-human-life-in-any-circumstances-and-not/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [Today China is a first world economy, in terms of development. 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There were whole groups of people that already lived there…](https://sms4smile.com/quotes/alejandro-castro-espin/america-did-not-need-to-be-discovered-because-quite-simply-america/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [In Cuba, despite having lived through the most difficult times, there has never been a neo liberal adjustment.](https://sms4smile.com/quotes/alejandro-castro-espin/in-cuba-despite-having-lived-through-the-most-difficult-times-there/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [The American people have on many occasions been willing to shed their own blood for a noble cause, like when hundreds of thousands of…](https://sms4smile.com/quotes/alejandro-castro-espin/the-american-people-have-on-many-occasions-been-willing-to-shed-their/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [Venezuela, Bolivia and Ecuador lived through times of cruel and ruthless capitalism where the workers, the masses of the population, saw themselves living in…](https://sms4smile.com/quotes/alejandro-castro-espin/venezuela-bolivia-and-ecuador-lived-through-times-of-cruel-and/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [It is only through popular consultation and exchange with the people about social and economic policies that we were going to define the strategic…](https://sms4smile.com/quotes/alejandro-castro-espin/it-is-only-through-popular-consultation-and-exchange-with-the-people/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [As you know Cuba has progressed a lot regarding all the indicators of social development and those rates can be compared favorably with the…](https://sms4smile.com/quotes/alejandro-castro-espin/as-you-know-cuba-has-progressed-a-lot-regarding-all-the-indicators-of/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [In Cuba we had the most ferocious form of capitalism for 60 years. It dominated every sphere of life.](https://sms4smile.com/quotes/alejandro-castro-espin/in-cuba-we-had-the-most-ferocious-form-of-capitalism-for-60-years-it/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) [Explore all 55 Alejandro Castro Espin quotes ](https://sms4smile.com/quotes/author/alejandro-castro-espin/) ## More Conferences quotes > [This is the culmination of a lot of people's vision. 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