Why can’t governments just print more money to pay off the country’s debt OR pay for everyone’s education OR end the poverty, OR abolish taxes, OR distribute it to make everyone rich? That would be a real example of money growing on trees! right?
By the end of this video, you will think that this question is absurd, which it is, but the question has been asked so many times by so many people, and there is nothing wrong to ask!
But before you can wish for more money printed, you have to know 'what is money', 'types of money', 'what printing money actually means' and 'why happens when governments print money'. The video will investigate how inflation and hyperinflation occurs and also the right kind of inflation.
The video also discusses examples of countries like Zimbabwe printing money that resulted in devaluation of their currency and Hungary that tried to pay off debt by printing money.
Share your thoughts by writing in the comment section below. We would love to hear your opinion.
#economy #inflation #recession
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