close
    why doesn't the australian goverment print more money

    0  Views: 525 Answers: 3 Posted: 13 years ago

    3 Answers

    Why would they, flooding the market with money spells disaster as the money loses its` value through over supply.


    Do you know that if the gold in world "storage" was released gold would be worth sweet BA, same for diamonds.


    Keep the supply low keep the price up.

    Just  printing money causes devaluation of a currency. It also causes high inflation & lack of confidence on the international exchanges.  

    Think of your country or any country, look at it, and try to figure out what its worth is. Also the things that run the country. Do the people work hard can they supply their own energy, does the government give the people the freedom to do their own thing likening starting business or do they own their own property. It is not all ways about GNI or PPP. Look at a country as you would a stock and if you say you want to invest in it then that country can print a little extra cash if it wants too.



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1101K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart
    469931
    questions
    722695
    answers
    791486
    users