This may sound silly but why can't they just print more money to eradicate poverty?
by 
Bartman
ANSWERS: 3
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every money has a value and if they print more money, that will loose it's value, why not pray to high power to create long-life foods so that people won't get hungry
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It's not a silly question, it's "kinda" whats happening in Zimbabwe right now. . This is my simplified understanding: . Say a country's "wealth" is 1 billion dollars. If you issue 2 billion "dollar notes" the wealth is still 1 Billion, your just looking at 2 billion pieces of paper and haven't 'created' wealth. This means if YOU had $5,000 in the bank, and the government did this your money is now "worth" $2,500 due to 'inflation.' Your other $2,500 now belongs to the government, because they just printed it. . Most? govenments do this a little bit. They print money to repay debts etc and the value comes from devaluing everyone else's dollar. . A little is 'ok,' - alot causes 'hyperinflation.' . "By July 4th, 2008 at 5PM, a bottle of beer cost $100 billion Zimbabwean dollars, but an hour later, the price had gone up to $150 billion" . http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
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It doesn't work like that.
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