Post
Topic
Board Economics
Re: genius idea to fix all economy best idea
by
molsewid
on 25/12/2020, 15:12:16 UTC

Hyperinflation will never do any good as it may seems to you. Printing of money becomes futile if it is done excessively. The plan you have in mind will just bring chaos because the value of money will decrease if there’s a lot of supply. Just like what happened during the World War 2 in Philippines whereas the Japanese government printed tons of paper money which later called “mickey mouse money”. It has a very small value because of hyperinflation. Unbalanced money supply and resources supply equals much more expensive goods.

Nowadays, the government of each countries are more wary of effect of inflation that’s why they’re also being careful of the decisions they are making. They never want to commit the same mistakes in the past. Printing excessively will devalue the worth of money. The ratio of the money circulating in a country must be just enough to the goods, services, and resources offered.
Yes correct, I don't think printing money can help the economy, every denomination has its value, and totally under the calculation of the government, the larger the volume will be the lesser it will be valuable , having an additional number cannot solve the problem, the volume might increase it will inversely make the value go deeper and  will directly proportional to the value of goods, it will make the goods a lot expensive.