Topic: Any help about how the world is run economically? - page 3. (Read 1702 times)

I think it will break the normal economic cycle if we print more money and it is against the law. If everyone is rich, imagine everyone will have their own business and no one will be entertaining other's business and this might even crash the economy. What other people lack is the opportunity to earn, you can slave your self working in a lifetime without even financially stable if you will not find a good opportunity.

This really depends on what you consider wealthy. One of the definitions of being wealthy means having abundance. One of the definitely of abundance is "more than enough". Of course, not everybody can have their own mansion with a hundred acres of land, but I believe that everybody could be wealthy, meaning have more than enough. I am sure that the world has more than enough resources than we need.

To answer the OP, I truly believe that anybody can become rich if they believe in it.

Maybe because our mindset is wrong. Why can't people get rich, maybe because we can't manage income and expenses. to be rich we must imitate the mindset of the rich.

because they do not know how to manage spending, most people just work to feel happy but not saving. if they are diligent in saving, they will be rich.

If the answers to all those questions you asked can be answered, then we have practically solved say 98% of the world's problem while the remaining 2% will be due to greediness and non contentment nature of human beings. The solution to being rich is really not in the basis of working hard alone. Its a combination of several factors among which would include level of education, family lineage, the economic condition of the country and a host of other factors.

Printing money for everyone to be rich is just not the right answer because if we are all rich, no one would want to sell groceries, nobody would want to work in factories, no one would want to be cleaners to clean the streets or nurse who take care of the sick, the mechanic that fixes cars or the teachers that teaches our wards in school. Every unit and economic level exist to make the whole world habitable.

this of course has a different view, true what you say. many people work hard but they are not yet rich.
and of course it becomes a question, what causes they can not be rich despite having worked hard.
My personal opinion on this subject is: because God is just 

Government are getting their funds through taxes as well as banks where people are placing their money on them and if this people will prefer cryptocurrency then their resources will decrease and that is the reason why governments hate cryptocurrency.

You got it all mixed up when you say 'working hard and yet poor'.  No,  lately, it's not advisable for people to work hard just like that,  but to work smartly and back it up with hard working or determination. That is the secret of a business or any investment.  Now on the issue of printing money for everyone; this can't happen. Printing money won't solve the world problems but instead makes money to be worthless.

I think the easy response to this revolves around productivity, time and resources.

The practice of rationing food or water could represent a decent analogy. A ship at sea with 50 barrels of water could choose to distribute those resources equally at a limited quantity if water became scarce. Society and civilization could operate under similar principles where wealth and value are divided but there is never sufficient wealth or value produced by society for everyone to enjoy a wealthy lifestyle.

In the future that could change. Productivity could increase. Resources such as energy (electricity) could become plentiful and cheap relative to income. The price of food and rent could decline. A decrease in the cost of liabilities could allow people more free time, greater freedom in being able to take more trips and afford more expenses.

I'm not saying its likely any of these things will ever occur.

Advancing technology is making some innovations more affordable to the general public. Over the long term that could translate to a hike in standard of living. Perhaps enough for everyone to live as if they were wealthy, someday.

I would say that people seeking to become rich really depends on how a person motivates himself in order to reach such goal. Becoming rich is not just an overnight event wherein you need to work for it.  In relation to cryptocurrency, an investor should have the right knowledge and understanding on how cryptocurrency works, therefore you need to study and understand everything. I believe that knowledge will keep you fulfill your dream of becoming rich someday since you may able to decide correctly as to what is best coin for investment that may gain profit.

There are many factors that boil down on why people cannot be reach even if they work very hard for it. It can be because of inflation as the population increases and the resources lessens some people have a hard time keeping up with the prices of goods and along with that jobs are getting lesser and harder that is why many people cannot have a good foot hold financially.

The government will not allow the majority to be rich, then they will lose their influence.

Bitcoins is actually considered as a new general currency because there are online stores today who are allowing a cryptocurrency payment method which makes other business to begin believe about the growth of bitcoins.

Yes, money is a drive for most of us.

By that question I'm assuming that you, yourself, aren't rich. I want to say that it's because the current economy was made so that people will continuously work for the rest of their lives but never really become rich. The only way that you become rich is to have a stable job, and then eat as cheap but healthy as possible. Make your lifestyle as cheap as you can. All these just to have enough savings to do business. Of course money isn't the only thing that you need in order to run a business. You need to learn how to run a small business and make your way up to making it a bigger one.

It's because of their lifestyle choice. People work hard and smart and thus they end up having a raise. With this raise, they feel the need to step up their lifestyle when they don't really have to. Just look at the regular employees that are sipping Starbucks coffee as if they can afford it. They can't. It's been long before I realized that these cubicle workers don't really have money saved up. They go abroad, they travel locally, and all these grandeur life that they are having but their salary isn't really that high. They are going to be bankrupt right when emergency money is needed because they aren't saving up. They are earning money but they are spending it right away. They might have saved some, but it's not enough. At least not enough to start a business and get themselves out of poverty.

Because that means everyone will be having money and thus money will have a lower value. We're just going to inflate our currency even more by printing money for everyone. Assuming that everyone has suddenly $1M on their bank account, the things that you can buy with $1M will suddenly become different. If back then you can buy a house and lot for $100K, now it will take a lot more than that since everyone has that kind of money and everyone's willing to pay that amount of money in exchange of a house and lot.

Governments are getting funds from the banks through taxes and if people will prefer to invest on cryptocurrency more than placing their money on the banks then obviously, their funds will reduce.

Why some people are rich?Because they take the risk to build their own business and work harder and smarter,in order to succeed.The majority of the people don`t want to take that risk.They want more security.That`s why they get a "nine to five" job at a fixed salary.There are tons of Youtube videos about this topic.You should check them out.

Did you know that it is virtually impossible for everyone to be wealthy? To understand why, just think for a moment about what it really means to have a lot of money. Resources are not endless. In fact, they become more limited with each passing day. The world population keeps increasing, while Earth’s resources have stayed the same.  A lot more people are clamoring for fewer and fewer resources. As a result, only a few may gain the advantage of having excessive access. Also, if you think about it, if everyone had the same level of income or wealth, then no one would be rich. We all continue to grow richer, but relatively there will always be differences between individuals unless everything was just divided evenly. 

Will not get rich everytime the money is mostly spent on buying your own home or necessities, needing to save or be invested, because investing is so important as in cryptocurrency and other stocks, having invested in making money into money, investing in stocks or what is also very important for the future.
We call the wealthy unbearable, anyone can be satisfied when good at managing money in the draft, hard work at a young age is very likely you become established, after the old enough number you live to allocate for business and whatever.

Actually that makes you not rich because the economic needs are always pressing and your income is only enough for daily needs only. Your job also determines, if your job is good and has a great income means your money management is wrong, try to reduce the unnecessary needs.

Why anyone not become rich? We have a thing called "living". It does have a standards.

What are the reasons why others work hard yet they are still poor? How much does people earned thru their work? It's obvious that it's not enough to reached the status of being rich at some point. The question is not making sense.

Why can't we print enough money for everyone? Inflation. Just imagined how worst the economy will be if printing money is just a piece of cake.