Scarcity of money | Bitcointalksearch.org

wmaurik

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Quote from: Bollexz1 on March 27, 2023, 06:05:13 PM

There's no money scarcity throughout every inch of the world, just some nations experiencing this. So the fact that you're experiencing this doesn't necessarily mean other parts of the world are affected too. And talking of crises, yes there are, and the war in Ukraine is a perfect example to mention a few.

When other parts of the world do not experience this, of course there are still solutions that can be taken to overcome this problem. Because when someone starts to find it difficult to make money in their own country, then immediately move to another country where the source of income can be better than in their own country.

So there's no reason to say money is scarce as long as there is still a place to look for it and it can still be a solution for everyone who wants to do it wiser. Jobs can indeed be lost due to something that causes income to be lost too, but everyone can always find new income through other jobs as long as he has a certain will and ability within himself.

Sarah Azhari

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Quote from: Godlovesyou on March 19, 2023, 01:32:33 AM

I hope we are save! The common masses are going through a lot in the street, is this kind of inflation era.
Why is money not in circulation please?

where do you live? are you affected?
Please cool down and stay calm dude, because not only you but in every country where the circulation money is still compared with The Paper Money (where that country always printed it to buy your source, wood, mineral, oil, gold, palm, rubber, and etc). We can't do anything, because that system has already been ingrained since we were still embryos. We just wait until collapses, and soon, bitcoin will replace the system.

Bollexz1

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There's no money scarcity throughout every inch of the world, just some nations experiencing this. So the fact that you're experiencing this doesn't necessarily mean other parts of the world are affected too. And talking of crises, yes there are, and the war in Ukraine is a perfect example to mention a few.

Fatunad

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Quote from: mendace on March 27, 2023, 04:56:54 PM

Quote from: South Park on March 27, 2023, 03:26:06 PM

People must never forget that politicians are not really there to serve them, they serve themselves and a couple of powerful friends and that is it, and it is obvious that with the economy not being in a good shape politicians are doing what they can to protect themselves and their friends, and if the people need to suffer because of this they have no problem with that, so be very careful about the amount of money that you keep at any bank since you never know when your money may disappear with no way for you to get it back.

although there are cases where politicians act corruptly or selfishly, not all politicians are like that and it is not right to generalize. Banks are regulated by financial regulators and there are deposit protection measures in place to safeguard depositors' savings, let's not say that politicians make certain choices, that's not how it works. Of course you have to try to always be careful with your investments.

You cant really blame out people on why they do have that kind of perspective in overall when we do speak or talk about politicians on which it just turn out that this had been a common thing for it to happen where
corruption and other things which they do usually get involved with and this is why its not really that a shocking thing .Speaking about scarcity of money? We do have that sufficient, it is really just that there
are people who do earn less and having no sufficient support into their needs and this is why they would really be having thoughts that money might be scarce without even trying to
realize that they are the ones who do lack of earning money.

Ebede

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I can send that copy of money will be caused by the government of a particular country and you if you disturb our bank or that particular country receipt to print more money or to make money to be available to the banks that is when they don't have the ability to dispense cash which is as a result of the Central Bank not be able to bring new currency for more dispensation for the country

mendace

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Quote from: South Park on March 27, 2023, 03:26:06 PM

People must never forget that politicians are not really there to serve them, they serve themselves and a couple of powerful friends and that is it, and it is obvious that with the economy not being in a good shape politicians are doing what they can to protect themselves and their friends, and if the people need to suffer because of this they have no problem with that, so be very careful about the amount of money that you keep at any bank since you never know when your money may disappear with no way for you to get it back.

although there are cases where politicians act corruptly or selfishly, not all politicians are like that and it is not right to generalize. Banks are regulated by financial regulators and there are deposit protection measures in place to safeguard depositors' savings, let's not say that politicians make certain choices, that's not how it works. Of course you have to try to always be careful with your investments.

South Park

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Quote from: Kodok Bencot on March 26, 2023, 09:57:38 AM

The factor that makes money scarce is that the government through the central bank carries out strict supervision so that money feels scarce, this usually happens if the central bank sees indications that there will be economic problems such as inflation, I also experienced restrictions on withdrawing money at the bank but when I asked the bank they only said they would follow the regulations from the central bank.

People must never forget that politicians are not really there to serve them, they serve themselves and a couple of powerful friends and that is it, and it is obvious that with the economy not being in a good shape politicians are doing what they can to protect themselves and their friends, and if the people need to suffer because of this they have no problem with that, so be very careful about the amount of money that you keep at any bank since you never know when your money may disappear with no way for you to get it back.

xSkylarx

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Quote from: MoonOfLife on March 26, 2023, 10:13:41 AM

Quote from: Uruhara on March 23, 2023, 02:38:24 PM

I'd rather say it's harder to find ways to earn money nowadays (limited job vacancies). maybe in some countries the scarcity of money really happened. whether it's caused by the government trying to withdraw the excess money circulating or something. but in my country there is no such thing as scarcity of money. In fact, inflation occurred because there was too much money in circulation which was caused by the government printing more money during the pandemic to give it to its people as assistance to deal with the pandemic at that time which made the country almost experience a recession due to the paralysis of the economy due to quarantine.

but then the government prints more money to give to the people affected by the pandemic. so that people can still meet their needs and still be able to shop even from inside the house. so that the economy continues and does not stop. but after the pandemic ended, this excess money supply made the value of the country's currency decline and the prices of goods soared. it was from here that the government began to try to withdraw the excess money in circulation. namely by raising interest rates and such.

My country is the same, money is not scarce, but money depreciates too quickly while making money is increasingly difficult. After all, money is just paper, and the government can print as much as it wants, but they can't do that for various reasons, so when there's inflation, we can't blame them entirely. Because this world is a link, as long as a few countries have problems, all will be implicated. I mean, without a pandemic, without war, things wouldn't be so bad.

But still its a bad but not this kind of situation that is very worse. You know most of us poor people are got affected on it as we cant afford those things that we used to do or eat unlike those rich person they can only react that it is getting expensive but still they cant afford it that is the sad reality and again government would say they are doing everything but still we cant feel it that is why others wont relying on government move they will find their way on how they can survive

MoonOfLife

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Quote from: Uruhara on March 23, 2023, 02:38:24 PM

I'd rather say it's harder to find ways to earn money nowadays (limited job vacancies). maybe in some countries the scarcity of money really happened. whether it's caused by the government trying to withdraw the excess money circulating or something. but in my country there is no such thing as scarcity of money. In fact, inflation occurred because there was too much money in circulation which was caused by the government printing more money during the pandemic to give it to its people as assistance to deal with the pandemic at that time which made the country almost experience a recession due to the paralysis of the economy due to quarantine.

but then the government prints more money to give to the people affected by the pandemic. so that people can still meet their needs and still be able to shop even from inside the house. so that the economy continues and does not stop. but after the pandemic ended, this excess money supply made the value of the country's currency decline and the prices of goods soared. it was from here that the government began to try to withdraw the excess money in circulation. namely by raising interest rates and such.

My country is the same, money is not scarce, but money depreciates too quickly while making money is increasingly difficult. After all, money is just paper, and the government can print as much as it wants, but they can't do that for various reasons, so when there's inflation, we can't blame them entirely. Because this world is a link, as long as a few countries have problems, all will be implicated. I mean, without a pandemic, without war, things wouldn't be so bad.

Kodok Bencot

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The factor that makes money scarce is that the government through the central bank carries out strict supervision so that money feels scarce, this usually happens if the central bank sees indications that there will be economic problems such as inflation, I also experienced restrictions on withdrawing money at the bank but when I asked the bank they only said they would follow the regulations from the central bank.

Mpamaegbu

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Quote from: Godlovesyou on March 19, 2023, 01:32:33 AM

I hope we are save!

Yes, we're all safe. At some point, water will find it's level and all will return to normal. I took a peep at your profile and discovered you're Nigerian, my compatriot. You wrote from the Nigerian view point and erroneously made it look like a global issue. No, it's not. Besides, what's happening in Nigeria is artificial scarcity deliberately orchestrated by the Buhari administration for whatever reasons we don't know. I've to admit that such thoughtless action of the ruling party carried out by the CBN governor, Godwin Emefiele, has drastically dealt with every Nigerian as it's now.

Marshall Chord

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It is true that money does not seem to be circulating as much as it should in many countries around the world. This financial crisis can be attributed to a combination of factors, such as high levels of public debt, currency devaluation, and inadequate taxation revenue. Additionally, many countries are facing economic crises due to the effects of the COVID-19 pandemic, causing further instability in global markets. To address this situation, governments and international organizations must work together to create policies that will help improve economic stability, provide financial relief for struggling citizens, and encourage investment in businesses.

Fuso.hp

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There are some economic problems in the world today. Various countries of the world are already suffering from extreme economic problems. A few days ago we saw such economic problems in Sri Lanka but Sri Lanka managed to recover from it. But nowadays in many countries the prices of daily essentials have increased tremendously. Fuel oil and other commodities are now beyond the reach of people to purchase.
Since the conflict between Ukraine and Russia, such problems have been emerging in the world. But we hope for a healthy world. Soon the world will be back to the way it was before and the problem of inflation will soon be solved.

fuer44

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This is just a step and government policy to avoid inflation. The world is now in economic turmoil, especially for developing countries where the cost of imports, production, raw materials for industry, gas, are all going up. If the government prints a lot of money then gives it to its citizens, it will have a bad impact on the country's own economy so that its circulation is controlled.

Wong Gendheng

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I also find cash increasingly difficult to obtain, an increasingly difficult economy makes me have to sell assets for business capital, this is because I don't want to work because the salary offered is small and not enough for monthly needs, by doing business, we get a lot of advantages and opportunities for become big and successful.

Shan85

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Quote from: Godlovesyou on March 19, 2023, 01:32:33 AM

Why is there so much scarcity of money in different nations of the world, is there any crisis affecting UN's economy? People hardly meet up this days, the government has failed us, the banks are not working, companies and industries has reduced quality of products.

Is affecting so many countries in Africa, America and Europe, the rate of unemployment, insecurities and corruption is becoming alarming by day.

I hope we are save! The common masses are going through a lot in the street, is this kind of inflation era.
Why is money not in circulation please?

I thing the reason for the scarcity of money is lack of economic activity. If businesses not producing or selling goods and services, there is less money grtting ti through the economy. This can be reason many of factors such as low consumer demand, high unemployment rates, or low investor confidence.

coupable

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Quote from: awik p on March 20, 2023, 02:33:50 AM

Quote from: coupable on March 19, 2023, 06:53:05 PM

Quote from: AmoreJaz on March 19, 2023, 04:53:12 PM

Quote from: BIT-BENDER on March 19, 2023, 02:57:55 PM

There is no scarcity of money in much places well except for Nigeria which was caused by poor decision from the body/organization in charge of the nations finances.

Apart from Nigeria I don’t think there is scarcity of money everywhere there is just scarcity on the means to earn money. That’s why the masses are finding it very difficult now around the world.

that is correct, hard to earn money these days. so if you are just a common man, don't be choosy with the jobs. so long you can earn to survive, grab it. and aside from work, you can always look for alternative options to save and earn money. even if you are not a farmer, but you have a small land, why not tend it? just an example to survive.

It has always been difficult to get money since it requires efforts whether medical or physical or both. Global economic conditions affect the standard of living and thus the ways of obtaining money. Therefore, all methods are legitimate if we cancel the morals and all the values that society has established for exchange and civilized communication.

the more difficult it is to find money and the more expensive the price of necessities of life as a result of inflation. therefore we must be able to survive, namely by working hard and working smart, and being able to manage finances smartly. and of course don't just rely on income from only one line of work, so that we can make money from several sources, and that will be financially safer for our family. and one more thing, don't take debt to meet our lifestyle needs, because that will be burdensome. but a lifestyle that must adjust to income

In one of his published opinions in The Socialist & The Political Economy of Development, Nick Johnson asserts that one of the major economic phenomena of our time seems to be the massive accumulation of elite wealth amid growing inequality within nations even when production and productivity, especially since the Great Recession, have been modest.
And in his book "Capitalism Without Capital", Alan Shipman brings a combination of theories to argue that we live in an age of abundant "wealth", coupled with the lack of real productive capital assets.

wmaurik

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Quote from: gaston castano on March 23, 2023, 05:22:40 AM

maybe this is the government's way of controlling the money supply so it looks like that, but I also admit about inflation and rising prices for the things we buy and also industries that experience declines in their processes.
it's bad i hope we can all face this.

The government does have an obligation to control state finances and also the circulation of money within the country, but problems such as inflation must also be able to overcome because it is not very good for the community. Because the community will suffer greatly from the increase in the price of necessities and this will certainly not be able to be faced by some citizens who are still poor.

Quote from: Chilwell on March 23, 2023, 10:38:41 AM

For any nation to face scarcity of fiat money definitely the government of that nation is aware of that. Scarcity of fiat money is also to the advantage to the people of that particular country. Government do this deliberately sometimes to balance the economy. The availability of fiat money will cost us a lot of pains because goods and services prices will be higher. We are currently experiencing this issue now in my place, we are Suffering with the current situation but I see the advantage of it. Because I have achieved a lot this during this period, goods and services have drastically reduced in prices due to lack Fiat money.

Indeed, this is also quite good for some citizens, but the balance also always occurs because when the price of goods and services drops drastically but not all citizens can make purchases, it will also have an impact on reducing the purchasing power of goods and services among the public and economic development will also not be so good because the circulation of money will be less.

Uruhara

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I'd rather say it's harder to find ways to earn money nowadays (limited job vacancies). maybe in some countries the scarcity of money really happened. whether it's caused by the government trying to withdraw the excess money circulating or something. but in my country there is no such thing as scarcity of money. In fact, inflation occurred because there was too much money in circulation which was caused by the government printing more money during the pandemic to give it to its people as assistance to deal with the pandemic at that time which made the country almost experience a recession due to the paralysis of the economy due to quarantine.

but then the government prints more money to give to the people affected by the pandemic. so that people can still meet their needs and still be able to shop even from inside the house. so that the economy continues and does not stop. but after the pandemic ended, this excess money supply made the value of the country's currency decline and the prices of goods soared. it was from here that the government began to try to withdraw the excess money in circulation. namely by raising interest rates and such.

johnyj

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Quote from: Solosanz on March 19, 2023, 01:39:11 AM

There's no scarcity in fiat money because they can print how much they want. They're just want to control the money circulation to stabilize their fiat value, if they're keep print and add to the circulation, they will suffer high inflation rate. However the government has no choice when there's a crisis they need to print new money even though inflation will occur, because the gap distribution of money between the rich and poor is really far.

It seems that they have find a way, print money inside banking system to solve their liquidity problem, but never let them out to economy through high interest rate, to control inflation

Topic: Scarcity of money (Read 659 times)