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Topic: Scarcity of money - page 6. (Read 649 times)

legendary
Activity: 1624
Merit: 1200
Gamble responsibly
March 19, 2023, 02:53:12 AM
#3
Do not be confused, money scarcity and good economy are not the same. If more money are printed or in circulation more than the economy production, it will only result to inflation.

What you want is increase in economic productivity.
hero member
Activity: 952
Merit: 662
March 19, 2023, 01:39:11 AM
#2
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.
jr. member
Activity: 104
Merit: 9
March 19, 2023, 01:32:33 AM
#1
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?
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