Topic: Any help about how the world is run economically? - page 4. (Read 1709 times)
We have more than enough wealth to go around but do a terrible job of allocating it. The majority of new wealth created goes straight to the top.
If you live in a free market society you are free to become rich, unfortunately it's not the case of everyone in the world.
However even working and being possible to become rich, most people still have precary lives. That is because their jobs can be executed by many others, there is a high supply for this activity, so the employers don't need to raise the wages too much to find workers...
On the another hand, many people don't have an organized life. Too many children = high monthly expenses... Others spend too much money in superfluous things (alcohol, gambling, clothes and accessories, eating out often...).
And I think the reason why money can't be printed deliberately is very clear, right?
If it was possible, fiat system wouldn't be a disaster on long term...
However even working and being possible to become rich, most people still have precary lives. That is because their jobs can be executed by many others, there is a high supply for this activity, so the employers don't need to raise the wages too much to find workers...
On the another hand, many people don't have an organized life. Too many children = high monthly expenses... Others spend too much money in superfluous things (alcohol, gambling, clothes and accessories, eating out often...).
And I think the reason why money can't be printed deliberately is very clear, right?
If it was possible, fiat system wouldn't be a disaster on long term...
Most human economic activities are influenced by the need for money. But why can anyone not become rich?. What are the reasons why others work hard yet they are still poor? Why can't we print enough money for everyone? Questions like this do appear but there are reasons the answers are opposite.
Some of the answers for these are fairly simple.
Say we gave everyone who has Bitcoin another equal amount of Bitcoin. Like if you have one, and everyone else has one, now they have two.
They will all be like, "Oh, I have two times the amount as I did before." So they all try to sell. But there's not enough buyers because there's is now too many Bitcoins in the market. So to sell the sellers now have to lower their price. So even though they have two Bitcoins instead of one, one Bitcoin is now worth a lot less than it was worth when they only had one.
But why can anyone not become rich?
Everyone is free to become rich, it's just a matter of mind setting.What are the reasons why others work hard yet they are still poor?
Expenses and the way they handle their finances, if someone works hard but don't work smartly he'll be working all the time of his life.He work hard but he never invested his money and savings, he needs to work hard all of his time.
Why can't we print enough money for everyone? Questions like this do appear but there are reasons the answers are opposite.
Inflation. 
But why can anyone not become rich?. What are the reasons why others work hard yet they are still poor? Why can't we print enough money for everyone? Questions like this do appear but there are reasons the answers are opposite.
Anyone can become rich but not everyone will be rich. Some reasons why others are poor because they don't know how to save money, parents sometimes spend too much money on their kid and look at them as their retirement plan. The government can't just print enough money for everyone because that would cause inflation to the country's currency.
Most human economic activities are influenced by the need for money. But why can anyone not become rich?. What are the reasons why others work hard yet they are still poor? Why can't we print enough money for everyone? Questions like this do appear but there are reasons the answers are opposite.
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