[mejutoco]

> If you actually printed money, which does not have interest to be repaid, then the amount of circulating money would've increased permanently. Therefore, the expectation is that each printed dollar is worth less.

I understand this logic, and I am trying to square it with the following:

When there is instability investors flee to the dollar (like during covid), and the demand for it increases (dollar goes up), also from other countries increasing reserves. So If when the dollar goes up the US prints more dollars, are they really getting into debt? It seems like a different case form other countries.

[RandomLensman]

Dollar going up isn't the same as more dollars being created, it is the same dollars being worth more.

[mejutoco]

Uhm... I know?

OP said printing dollars makes the dollar worth less

> expectation is that each printed dollar is worth less

And I said in times of instability the demand for dollars increases (dollar goes up).

What I am saying is the "every dollar is worth less" of printing dollars might be offset by the higher demand of dollars in times of crisis.

[RandomLensman]

There isn't necessary printing of dollars in a crisis - that is my point.

[mejutoco]

I was originally addressing this comment form OP. Below for your convenience.

> > If you actually printed money, which does not have interest to be repaid, then the amount of circulating money would've increased permanently. Therefore, the expectation is that each printed dollar is worth less.

So I really do not understand the relevance of what you are saying. It seems disconnected from the actual comments I made. I did not mention "necessary". I think you might be responding to the wrong thread,

[RandomLensman]

I am responding to this "So If when the dollar goes up the US prints more dollars, are they really getting into debt?" - which I think can be misunderstood.