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 Goodpal40 hours 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 Rhonda D Johnson2 years ago
What did the US use for collateral when we borrowed money from other countries?We know that the US government has borrowed billions of dollars from China, Japan and other countries. But what did we use for...
by Josak5 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...
by Stacie L6 years ago
Hope Yen, Associated Press, On Tuesday September 13, 2011, 4:13 pmWASHINGTON (AP) -- The ranks of the nation's poor have swelled to a record 46.2 million -- nearly 1 in 6 Americans -- as the prolonged pain of the...
by zzron5 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?
by Harvey Stelman8 years ago
Our Politicians think they can. Tell me if you or the government can; and how?
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