yg ingin anda fokuskan yg apa? option cetak USD utk bayar utang? itu selalu ada yg setuju dan ada yg tidak dgn berbagai argumennya masing2.
Paul Krugman pemenang Nobel Ekonomi th 2008 juga melihat adanya option cetak USD buat bayar utang ini. US disini mempunyai posisi istimewa yg tidak bisa dibandingkan dgn negara lain, pertama seperti berulangkali saya utarakan utang itu dalam mata uang sendiri yg pemerintah kalau mau bisa dgn gampang cetak duit. Kedua, USD memegang lebih dari 2/3 cadangan devisa diseluruh dunia sementara kurang dari 1/3 dibagi antara Euro, Yen etc shg penurunan nilai USD juga ditanggung bersama dgn negara2 lain. ---In [email protected], <djiekh@...> wrote : Kalau suatu negeri cadangan dollarnya banyak, kalau mau bayar utang kan gampang. Belum lagi jumlah yang diutangkan begitu banyak. Orang Belanda bilang, tidak bisa menyamakan appel dan buah peer. Sebaiknya tetap di persoalan yang dibicarakan saja, tidak pindah2 ke persoalan lain. On 21 June 2017 at 00:07, Jonathan Goeij <jonathangoeij@... mailto:jonathangoeij@...> wrote: Kelihatannya anda concern sekali dgn utang USA, tetapi sadarkah bahwa utang Tiongkok itu tidak kalah besar. Dibawah kutipan dari Reuters: "China's debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world's most indebted leading economy, but some experts say the concern is that China debt has surged at the sort of pace that usually leads to financial bust and economic slump." http://fingfx.thomsonreuters. com/gfx/rngs/CHINA-DEBT- GRAPHIC/0100315H2LG/ http://fingfx.thomsonreuters.com/gfx/rngs/CHINA-DEBT-GRAPHIC/0100315H2LG/ Sekarang begini saja, hipotetikal skenarion seandainya US dan RRT cetak duit buat bayar utang, apa efek yg menimpa masing2? On Tuesday, June 20, 2017 1:57 PM, kh djie <djiekh@... mailto:djiekh@...> wrote: Daripada Amerika utang pada negeri lain, dan mau kemudian bayar kembali dengan cetak uang, apa bedanya dengan tidak utang, tetapi cetak uang sendiri lebih banyak ? Cetak uang lebih banyak untuk salah satu keperluan ini, teknis bisa, tetapi ekonomis rugi , ekonomi bisa bertahun tahun rusak.. Keterangannya tsb. di bawah : https://www.quora.com/Why- dont-we-simply-print-16- Billion-1000-bills-and-pay- off-our-debt https://www.quora.com/Why-dont-we-simply-print-16-Billion-1000-bills-and-pay-off-our-debt Why don't we simply print 16 Billion $1000 bills and pay off our debt? 11 Answers https://www.quora.com/profile/Josh-Wood-5 Josh Wood https://www.quora.com/profile/Josh-Wood-5, economusician. Updated Sep 22, 2012 https://www.quora.com/Why-dont-we-simply-print-16-Billion-1000-bills-and-pay-off-our-debt/answer/Josh-Wood-5 Why hasn't anyone else thought of this? Julian is partly correct that no one would want to lend to us anymore. But if we were able to pay off our loans by just printing more money, why did we ever need to borrow it in the first place? Let's entertain that thought in a moment. First, to address your immediate question, we could potentially resolve our debt problem in that way, but it would lead to much bigger problems. Primarily, it would result in hyperinflation, as was suggested, with 16 trillion new US dollars in international hands and over a trillion of that in China alone--a dramatic increase in national income everywhere except the US. That income spike would cause aggregate demand for goods purchasable in USD to soar. Merchants would naturally respond by increasing the price of their goods, restabilizing the real value of the dollar. The consequences of such a series of events would be catastrophic. The purchasing power of the dollar would decrease enormously. This would place strain on American buyers who now have to pay more for goods without the higher income that China has received and thus cause a recession that would dwarf that of 2008. Unemployment would spike, as many firms would find it advantageous to migrate to China and elsewhere where there is new demand for their products. Meanwhile, the People's Bank of China, for one, would be pissed because, even though they now have more dollars than they did before, those dollars aren't worth nearly as much as when they sold that debt to the US. Whereas before $1.3 trillion could have bought China, say, 200 aircraft carriers (fairly close to current market price), after inflation of this variety it might only buy them 20. And you and I both know that China's in this for the aircraft carriers. They would begrudgingly buy those 20 carriers and haul them across the Pacific to vent their frustrations against our now-decrepit Treasury in person. Meanwhile, we'd be firing bows and arrows from canoes like those island people that went to war with the US in that British movie. Doomsday scenarios aside, we would end up with two major problems (among others, for sure): a devastating recession and a diplomatic fallout with China (and other servicers of US debt). Basically, the dollar is only valuable if it's scarce, because we use it to procure scarce resources. When it's no longer scarce, its no longer transitive as a currency and has no value. So, in reality, the reason that other countries would no longer lend us money if we freely printed our own is because the exchange rate between the dollar and any other currency would approach zero, leaving banks and merchants with nothing to gain by transacting in US dollars. There would be no incentive for nations to produce anything of real value, rendering the concept of GDP meaningless. Furthermore, if we could resolve debt by just printing bills, there would be nothing to prevent other countries/central banks from doing so--and you would end up in a world full of meaningless currency. 2017-06-20 21:46 GMT+02:00 Jonathan Goeij jonathangoeij@... mailto:jonathangoeij@... [GELORA45] <[email protected] mailto:[email protected]>: Bung Djie, Tiongkok punya cadangan devisa USD 3 T, apakah anda pikir semuanya uang kertas? ---In [email protected] mailto:[email protected], <djiekh@...> wrote : Jadi kalau Amerika utang x biljoen dollar, terus cetak x biljoen dollar, bayarkan ke Amerika dan jepang, lalu utangnya tinggal nol ? Apa ya, utang itu dibayar uang cash ? Kok saya dengar2 bayarnya lewat balans suatu negara lewat berbagai bank. Seperti Indonesia itu katanya punya cadangan dollar ada di berbagai bank Singapore, Inggris, Belanda, Swiss dll. ? 2017-06-20 20:17 GMT+02:00 Jonathan Goeij jonathangoeij@... mailto:jonathangoeij@... [ GELORA45] <GELORA45@ yahoogroups.com mailto:[email protected]>: Bung Djie, kelihatannya anda masih penasaran/bingung apa bedanya pengaruh cetak duit thd utang dalam mata uangnya sendiri dan bukan mata uangnya sendiri. Saya beri contoh sederhana secara tehnis: Misal: Nilai sebelum cetak duit rupiah = 10 ribu / USD Utang dollar 1000 USD atau Rp 10 juta cetak duit, rupiah terdevaluasi Nilai setelah cetak duit rupiah = 15 ribu / USD Utang 1000 USD jadi Rp 15 juta dus setelah cetak duit utk bayar utang 1000 USD itu bukan lagi Rp 10 juta tetapi Rp 15 juta. terlihat cetak duit tidak bermanfaat. sedang kalau utang dlm rupiah katakanlah 10 juta, sebelum atau sesudah cetak duit ya tetap sama 10 juta. disini manfaat cetak duit buat bayar utang jadi optimal. ---In [email protected] mailto:[email protected] , <djiekh@...> wrote : What is the 'Fisher Effect' The Fisher effect is an economic theory proposed by economist http://www.investopedia.com/terms/e/economist.asp Irving Fisher that describes the relationship between inflation http://www.investopedia.com/terms/i/inflation.asp and both real and nominal http://www.investopedia.com/terms/n/nominal.asp interest rates. The Fisher effect states that the real interest rate http://www.investopedia.com/terms/r/realinterestrate.asp equals to the nominal interest rate http://www.investopedia.com/terms/n/nominalinterestrate.asp minus the expected inflation rate. Therefore, real interest rates fall as inflation increases, unless nominal rates increase at the same rate as inflation. Read more: Fisher Effect http://www.investopedia.com/terms/f/fishereffect.asp#ixzz4kYXRpvxK http://www. investopedia.com/terms/f/ fishereffect.asp#ixzz4kYXRpvxK http://www.investopedia.com/terms/f/fishereffect.asp#ixzz4kYXRpvxK Follow us: Investopedia on Facebook http://ec.tynt.com/b/rf?id=arwjQmCEqr4l6Cadbi-bnq&u=Investopedia 2017-06-20 17:16 GMT+02:00 Jonathan Goeij <jonathangoeij@... mailto:jonathangoeij@...>: ---In [email protected] mailto:[email protected] , <nesare1@...> wrote :
