Why can't we just make more money?

Question

I am pretty sure my dad explained it to me once, but I have forgotten. Why couldn't we end world poverty by giving people who are poor a certain amount of money, if they don't spend it wisely then we don't give them another. That would get rid of alot of the poverty stricken areas I think.

Answer 1

The more money in circulation the less its worth.

If america made say 100 billion dollars and gave it out to everyone freely, then the VALUE of american dollar will plummet.

Simple things like a can of coke would cost several thousand dollars because of inflation.

Answer 2

That would not end poverty money is not the answer you see poverty is Rich White Man Rich Jewish Man made.The Rich White Man Rich Jewish Man is the reason for everything wrong in the world.They destroy the rights and Dreams of Low Income Poor true born White Kids Black Kids Legal Poor Mexicans and Poor First in American Indians.The United States is the most Racist Murdering Destroyers of Dreams in the world.When the Rich Whites Rich Jews are put out of Power that is when poverty will end.

Answer 3

Where would the money come from? If you mean just print more, this de-values money and leads to inflation. There will ALWAYS be poor people and rich people. Utopia exists only in imagination. There are many places that already provide for poor people. Just handing someone a few bucks won't usually end their poverty. Most time it goes much deeper.

Answer 4

This isn't perfectly accurate, but it gives you an idea of what money really is. Let's assume that we have an amount of wealth "W". If we have printed x dollars. The true value of a dollar is W/x. Let's say we doubled the amount of dollars in circulation to pass out. Now our true value per dollar is W/2x. Each dollar is worth half as much as it used to be. If you just start printing money, money becomes worthless and screws everyone over.