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.
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.
by SheriSapp 8 years ago
Why do the liberals insist on more deficit spending when the nation is BROKE?Why do the liberals REFUSE to understand that the deficit spending MUST be stopped or the nation will become premanently bankrupt?
by SportsBetter 11 years ago
Where does the government get the money to pay for student loans?
by Josak 12 years ago
“Poverty is caused by Private Monopoly. That is the present system. They have monopolized everything that it is possible to monopolize; they have got the whole earth, the minerals in the earth and the streams that water the earth. The only reason they have not monopolized the daylight and the air...
by ga anderson 2 years ago
Just as a point of discussion . . . We frequently hear phrases like; `he's lowering the child poverty rates. ' or "he's lifting children out of poverty," used as evidence of accomplishment, (I wanted to add real to that. but, no), by the "He." I don't think that is accurate. I...
by Goodpal 6 years ago
Are the poor useful for the society in any way?Is it that Poverty and the Poor are mere burden on the society? Do they serve any meaningful purpose?
by zzron 12 years ago
Maybe the word hate is a little strong. So why do people dislike President Obama and the way he is running the country? Are you an Obama fan? Yes, no, what is your opinion of Obama and his policies?
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