--- title: "Meaning & Key Takeaway of: We could, of course, always make the…" description: "\"We could, of course, always make the payments, simply by printing more money - we simply promise to pay people by giving them dollar bills - but that c..." image: "https://sms4smile.com/quotes/i/f2b/joseph-stiglitz-1351_giving_we-could-of-course-always-make-the-payme_1093553.jpg" --- # We could, of course, always make the payments, simply by… ![“We could, of course, always make the payments, simply by printing more money - we simply promise to pay people by giving them dollar bills - but that could set off inflation.” quote by Joseph Stiglitz](https://sms4smile.com/quotes/i/f2b/joseph-stiglitz-1351_giving_we-could-of-course-always-make-the-payme_1093553.jpg) [Download](https://sms4smile.com/quotes/i/f2b/joseph-stiglitz-1351_giving_we-could-of-course-always-make-the-payme_1093553.jpg) [Open image](https://sms4smile.com/quotes/i/f2b/joseph-stiglitz-1351_giving_we-could-of-course-always-make-the-payme_1093553.jpg) > “We could, of course, always make the payments, simply by printing more money - we simply promise to pay people by giving them dollar bills - but that could set off inflation.” [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Printing money to cover payments can cause inflation, reducing purchasing power and harming the economy. **In simple terms:** Printing money can cause inflation. Key Takeaway Avoid financing deficits by printing money. Themes economics inflation fiscal policy Mood cautious analytical Type policy economic When to use this quote - budget deficits - public spending - central bank decisions - currency management Key Concepts monetary supply price stability government debt Questions to Reflect On - How can governments fund obligations without causing inflation? - What safeguards prevent runaway inflation? A Different Perspective Printing money may lead to hyperinflation if not controlled. ★ ★ ★ ★ ★ No ratings yet [Dollar bills](https://sms4smile.com/quotes/about/dollar-bills/) [Giving](https://sms4smile.com/quotes/about/giving/) [Giving Dollar](https://sms4smile.com/quotes/about/giving-dollar-2368973/) [Inflation](https://sms4smile.com/quotes/about/inflation/) [People](https://sms4smile.com/quotes/about/people/) [Printing](https://sms4smile.com/quotes/about/printing/) [Printing money](https://sms4smile.com/quotes/about/printing-money/) [Promise](https://sms4smile.com/quotes/about/promise/) [Set Inflation](https://sms4smile.com/quotes/about/set-inflation-2839149/) ## Related quotes > [Printing money creates inflation, which weakens an economy. 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When taxes and inflation go up,…](https://sms4smile.com/quotes/robert-kiyosaki/every-time-the-fed-implements-quantitative-easing-a-k-a-printing-more/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [With QE3, we are essentially being bought out with our own money...and unemployment is being used to facilitate this process in a very clever…](https://sms4smile.com/quotes/catherine-austin-fitts/with-qe3-we-are-essentially-being-bought-out-with-our-own-money-and/) [Catherine Austin Fitts](https://sms4smile.com/quotes/author/catherine-austin-fitts/) > [Since 2007, we've been giving one dollar, one euro - whatever the local currency - of every ticket sold to Partners In Health and…](https://sms4smile.com/quotes/regine-chassagne/since-2007-we-ve-been-giving-one-dollar-one-euro-whatever-the-local/) [Regine Chassagne](https://sms4smile.com/quotes/author/regine-chassagne/) > [All those commodities are going to have to rise in value as we are in short supply and we are printing too much money.](https://sms4smile.com/quotes/peter-schiff/all-those-commodities-are-going-to-have-to-rise-in-value-as-we-are-in/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.](https://sms4smile.com/quotes/peter-schiff/printing-money-is-merely-taxation-in-another-form-rather-than-robbing/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [It's complicated.' 'So's quantitative easing. 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I don't believe in just printing money and giving…](https://sms4smile.com/quotes/robert-kiyosaki/i-believe-in-taking-care-of-myself-and-teaching-other-people-who-want/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.](https://sms4smile.com/quotes/peter-schiff/at-some-point-the-dollar-has-to-give-you-can-t-just-keep-printing/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Let's say I am a chocoholic and I eat tons of chocolate a day. A hundred thousands of tons a day. I have this…](https://sms4smile.com/quotes/charles-koch/let-s-say-i-am-a-chocoholic-and-i-eat-tons-of-chocolate-a-day-a/) [Charles Koch](https://sms4smile.com/quotes/author/charles-koch/) ## More by Joseph Stiglitz > [I grew up in a family in which political issues were often discussed, and debated intensely.](https://sms4smile.com/quotes/joseph-stiglitz/i-grew-up-in-a-family-in-which-political-issues-were-often-discussed/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.](https://sms4smile.com/quotes/joseph-stiglitz/but-individuals-and-firms-spend-an-enormous-amount-of-resources/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [China, with its large emerging middle class, is among the big beneficiaries of globalization.](https://sms4smile.com/quotes/joseph-stiglitz/china-with-its-large-emerging-middle-class-is-among-the-big/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [Trickle-down economics is a myth. 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So the war did help the US economy to get…](https://sms4smile.com/quotes/joseph-stiglitz/world-war-ii-was-really-unusual-because-america-was-in-the-great/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for…](https://sms4smile.com/quotes/joseph-stiglitz/moreover-because-we-chose-to-finance-the-way-by-borrowing-our/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [I've always been sceptical about the notion that the market is a person you can engage in an argument with, and that that person…](https://sms4smile.com/quotes/joseph-stiglitz/i-ve-always-been-sceptical-about-the-notion-that-the-market-is-a/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) > [The striking thing about America is - it's historically, extraordinary unusual,I don't of any other instance - is that productivity of workers and wages…](https://sms4smile.com/quotes/joseph-stiglitz/the-striking-thing-about-america-is-it-s-historically-extraordinary/) [Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/) [Explore all 251 Joseph Stiglitz quotes ](https://sms4smile.com/quotes/author/joseph-stiglitz/) ## More Dollar bills quotes > [The man in the coon skin cap in the pig pen wants eleven dollar bills, you've only got ten.](https://sms4smile.com/quotes/bob-dylan/the-man-in-the-coon-skin-cap-in-the-pig-pen-wants-eleven-dollar-bills/) [Bob Dylan](https://sms4smile.com/quotes/author/bob-dylan/) > [Cash rules everything around me cream get the money, dollar dollar bills y'all fuck it!!!](https://sms4smile.com/quotes/swizz-beatz/cash-rules-everything-around-me-cream-get-the-money-dollar-dollar/) [Swizz Beatz](https://sms4smile.com/quotes/author/swizz-beatz/) > [ \[The web\] is going to end up being a tremendous advantage, providing we can work out the financial structure. 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