2006-06-30 03:34:02 · 12 answers · asked by ABIRIBA 1 in Politics & Government ➔ Other - Politics & Government
Because money printed has to be backed by something else of value, like gold. Otherwise the money is worthless. It's the same reason that the U.S. mint doesn't print enough money to simply give everyone one billion dollars. They wouldn't be backed by anything and a jug of milk would cost a billion dollars.
2006-06-30 03:38:46 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I think you misunderstand how paper currency works. Yes, it's made by printing, but the value of it is determined, at least here in the US and several other countries, by the market price of gold and the amount that the country has in stock. (Called the Gold Standard.) Printing off more paper money than your country has gold to back it causes each note to be worth less and less.
2006-06-30 10:39:27 · answer #2 · answered by Robin J. Sky 4 · 0⤊ 0⤋
If the country printing extra money the money would eventually loose it's value thus causing the economy to countinue to plummet.
2006-06-30 10:47:12 · answer #3 · answered by balanced 2 · 0⤊ 0⤋
You print more money and eventually the money becomes worthless. In post WWI Germany, it took a wheelbarrow full of money to buy a loaf of bread.
2006-06-30 10:38:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Learn the lessons on failures on Aids for Africa?
Give them cash.
What happen after the cash runs out?
Back to square one with all those poor countries?
Why not give them the fish for their daily bread?
The fishing line, hooks and sinkers for their survival on planet earth?
Our creator's original gifts of life?
2006-06-30 10:47:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
printing more money when you have no gold to back it up makes it worth less. ever wonder why a candy bar cost around a dollar but about 1,000 yen?
2006-06-30 10:37:55 · answer #6 · answered by da big red juggalo 3 · 0⤊ 0⤋
uh that's what germany did pre-WWII and that screwed them over. it took a wheelbarrow full of money to buy bread at one point. if there is no value to the money then it takes more to buy things. this is not a local problem. all money is interconnected and assigned value. making more just devalues currency.
2006-06-30 10:38:08 · answer #7 · answered by shiara_blade 6 · 0⤊ 0⤋
Because they haven`t enough money to buy the paper. Sometimes western countries put heavy trade imbargos on them too, so it can be difficult to get that kind of stuff! :)
2006-06-30 10:44:06 · answer #8 · answered by ~dalux~ 3 · 0⤊ 0⤋
it's called inflation. the money becomes worthless, like during the great despression.
2006-06-30 10:38:33 · answer #9 · answered by Ahmed S. Bhuiyan 3 · 0⤊ 0⤋
Look at Zimbabwe!
2006-06-30 10:59:57 · answer #10 · answered by Tokoloshimani 5 · 0⤊ 0⤋