Post
Topic
Board Economics
Re: Is the World Ready for Life After “Safe Havens”?
by
Iranus
on 26/05/2025, 01:58:18 UTC

There will be some immediate effects but it could have been solved by now but what they did will reflect a lot longer than we can imagine and the same people has to bear all the burden from inflation to increase in taxes. And to be honest money they print didn't really helped everyone it just kept the economy afloat making rich the richer so they got more benefits and with inflation again they enjoy it while the average person has to struggle to meet their ends with no increase in salary while cost of everything increased a lot.

Managing and regulating the national economy has never been easy as the population is increasing, supply and demand cannot be balanced because countries are interdependent, no country can be self-sufficient. Not to mention unpredictable impacts such as war, natural disasters, earthquakes, pandemics...there are hundreds of things that need to be handled to maintain the economy.

Those things alone, what would happen if the government didn't print money or our economy continued to use the gold standard? Like the pandemic, if they don't print money, how will poor people like us survive?

I do not deny that printing money too quickly will cause unpredictable consequences, but we should not blame them all just because we are poor. We don't even know how the economy works, it's beyond our understanding.