Azealia Banks Quotes
Why does the UN need to raise money for ebola? Can't the gov just print the damn dollars themselves and get this done already.
Banks, Azealia (@AZEALIABANKS). "Why does the UN need to raise money for ebola? Can't the gov just print the damn dollars themselves and get this done already." Twitter, 10 Oct. 2014.
There actually are restraints on how much paper money a government will issue, but unlike with a gold standard where the restraint is external and controlled by how much gold the country can amass. However, with paper money the restraints area all internal. If too much money is printed, the value of the money relative to gold, silver and other nation’s money will go down and imports will become more expensive. Excessive printing of money can easily produce inflation. However, the internal restraints can be overcome by the government’s need to raise money for war, debt or other purposes. So Paul and many other politicians have a deep distrust of paper money not backed by Gold or Silver. In the United States however, the Government does not control the money supply or the printing policies of money. This is under the control of the Federal Reserve Board which while appointed by President’s as terms expire, have a great deal of independence both from the Executive and Legislative Branches. For that reason Paul is even more distrustful when the Federal Reserve decides to print money. See {629491} for his unsuccessful effort to abolish the Federal Reserve Bank.
Azealia Amanda Banks is an American rapper, singer, songwriter, and actress. Raised in the Harlem neighborhood of New York City, she began releasing music through Myspace in 2008 before being signed to XL Recordings at age 18. In 2011, her debut single "212" went viral and entered several international charts. Banks subsequently signed with Interscope and Polydor Records before later separating in July 2013. Banks ultimately became an independent artist and started her own independent record label, Chaos & Glory Recordings, after multiple negative experiences with previous labels.