Why they dont make enough money with the money machines so they wont be poor people ??

Question

I mean why they dont make enough money so there would be enough money for everybody

Answer 1

I'm guessing that economics is not your best subject....
Look up the term 'inflation' If you just print more money then everything would get really expensive.... it's been tried (Nazi Germany, just before the end) and you end up with a situation where you need a wheelbarrow full of cash just to buy a loaf of bread.

Answer 2

If you will go through the definition of money,you can come to know that it's only a medium of exchange which is accepted in general.In a lay man point of view,it's like a veil.For example a person having croers of money, but there is no availability of goods and services any where in the economy.Then the utility of money for that person is zero.In practical sense it may not be the case,Even if in practically where there is availability of goods and services in an economy and monetary authority prints more money and distribute among poor people then their purchasing power will increase,Which will ultimately create a high rate of inflation and will push the economy into danger.If more money will be created it wont decline the number of poor people rather increase the number.

Answer 3

what lousy answers the econonmy wont coolapse and they could do it if they wanted to I don't know why they don't . I think its a great idea

Answer 4

Money is just an Idea, it has no actual value, it is a measure of labor storage. Its how we store our labor hours to trade later for something we need,

Now the more money we print the less it is worth, this is called inflation. If wee printed a trillion dollars, everybody already holding dollars would now be holding dollars worth less labor value, and if you hand the excess to those who don't work the currency then becomes worthless, thus economic collapse.

Answer 5

Money is a value item.
As such it is exchanged for another item of equal value. Such as work, or a product. If people do not work, or develop or sell a product, they don't get paid. Money is not free.
Have you ever heard the term TANSTAAFL! It is an acronym for - There Ain't No Such Thing As A Free Lunch! It means that you don't get something for nothing. In the old days, bars used to advertise Free Lunchs to get more customers. The only kick was, their drinks were higher priced than the bars that did not offer the free lunches.

Answer 6

There IS enough for everybody but it's unevenly distributed because there are people who can't think of anything but making more money and who will do anything to make the money and then there are those who want or need money and aren't willing to do the things that earn them the money. It's all about how you earn it and how you spend it and how you manage it and make it work for you. There is a thing called greed, and also a thing called sloth and they are two of the deadly sins.

Answer 7

The more currency floating around there is, the less it is worth, so people charge more for things, so people have to spend more for things, so they end up not having enough money across the board. Just printing up a lot of money causes serious inflation and ruins the economy.

Answer 8

Printing more money reduces the value of the money. Germany tried this, and the results were skyrocketing costs for items (where 10,000 marks once bought a car, it suddenly bought a loaf of bread etc).

Printing some more money can work as a minor fix; however, it is by no means feasible as a long-term solution to poverty.

Answer 9

It seems like an easy thing to do, but too much money circulating would lead to inflation, because the value of the money would go down as the amount of money in circulation goes up. So you'd have more money, but it wouldn't be worth as much.

Answer 10

Inflation: "An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand.