Money printing.

  1. profile image48
    chandu2725posted 7 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 7 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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