Why can’t the government print more money to cure poverty?
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Why can’t the government print more money to cure poverty?
No, that is because the printing of money is governed by principles and concepts of economics that is being applied to that country. Through extensive research and analysis of the past, present, and future economic status of a country it is determined whether printing of money is necessary.
Yes it depends on the economy of the country, money can be print at anytime by the government of the country when the economy is low,money can be print so that it can be used for the country economy
In theory, yes, a country’s central bank can print more money at any time. However, there are significant consequences and limitations to consider:
1. Inflation: Excessive money printing can lead to inflation, reducing the value of each unit of currency.
2. Economic instability: Uncontrolled money printing can create economic instability, potentially triggering hyperinflation or currency devaluation.
3. Monetary policy: Central banks aim to balance economic growth, inflation, and employment. Indiscriminate money printing can undermine these efforts.
4. International implications: Excessive money printing can affect exchange rates, potentially harming international trade and relations.
In most countries, including Cameroon, the central bank (Bank of Central African States) has the authority to manage the money supply. However, this power is typically exercised judiciously, considering the potential consequences.
Would you like to know more about monetary policy or the specific context of Cameroon’s economy?
No money is a legal tender it can not be printed any time because it requires an information from the the country supplies
depends on the state of the government and the banks, because everything is systematic, they cannot print more than a little