US money printing no "magic wand"

This is an significant news that relates to my term paper, and I pick this because understanding the basic of the economy is an necessary for people. In my opinion, everything is related to business. Then this article will tell them what is going on in the US economy.

According to the article US money printing no "magic wand", the US economy is in the economic crisis. Then the Federal Reverses plans to print $US600 billion into the financial system to make the economy growth. This process is also known as metaphorical printing of money. However, this is not going to help the economy. It is just a project that the government is in hope people will begin borrowing and spending and unemployment will decrease. Now, the problem begin because $US1.75 trillion already strikes the US. Ir affects some group of people, but most investor want this to happen. Moreover, American people are mad that the banks take all the money. On the other hand, Nobel Prize winning economist Joseph Stiglitz told that we are wasting a lot of money, and the government should find other ways to fix the economy. Too much money and poorly manage might cause the spike inflation (Ryan, 2010).

In my point of view, I think It is a option for the US to printing money, but these money should be manage in good way.