Money printing.

  1. profile image52
    chandu2725posted 13 years ago

    Money printing.

    an anybody please explain me.why a nation cannot print money on its own and remove its poverty and also clear all its debt.

  2. profile image0
    Old Empresarioposted 13 years ago

    Because the more money you print, the less valuable it becomes. We may be able to print enuogh money to give you and everyone $1 Million, but now the prices will adjust across the country and a loaf of bread will cost $3,000 or more. A new car will cost $15 Million. If you print too much to pay off the national debt, the money becomes worthless. But I should note, that this seems to be what the government is doing anyway.

 
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