If poor people need money, why cant just print off more and give it to them?

India
January 17, 2007 1:24pm CST
will it affect economy of the world?
2 people like this
9 responses
@Eskimo (2315)
17 Jan 07
Just too easy to suggest this, the money has to come from somewhere, Without the money being resourced you will get rampant inflation, this is what happened in Germany in the 1920's where the money was devalued every day, with cost of buying goods increasing much faster than wages. Everything has to be in balance, just printing more money will destroy that balance.
1 person likes this
• India
19 Jan 07
thanx 4 replying
@BigBenas (943)
• Lithuania
17 Jan 07
Yeah good idea :D . Just print them and give to them and then they go to jail and haves sothing like a home . Because they were couth with fack money :D .
1 person likes this
• India
17 Jan 07
lol i dont mean it. what i tried to say it was for govenment body
@maryannemax (12156)
• Sweden
18 Jan 07
if this is what the government will just do, print out more money to give to the poor, money will be meaningless already. we don't need anymore to go to school and get a job later since it's useless. afterall, we can just get money for free. so, it's better if we work hard for our money.
1 person likes this
@samehmam (56)
• Egypt
19 Jan 07
it is agood idea but the effect economy of world is not good it willbe make evry thing are expesiv and the poorpeapol willbe more poor
1 person likes this
@ms_fery (251)
• Philippines
17 Jan 07
we can not print more money to give to the poor because it will affect the balance budget of the economy, because the more money we make the lesser the value of the money. ive already asked that to my professor in high school.
1 person likes this
• United States
19 Jan 07
As much of a good idea this sounds, it really is a bad idea. It will hurt the economy a lot. Inflation will drive the value of money down, which will then increase the price of an item. Not a good idea.
1 person likes this
@suren2k6cse (2621)
• India
4 Feb 07
it will reduce our money value my friend.
@mysiraylon (1102)
• United States
17 Jan 07
Money is a Legal tender for all debts public or private, answerable by the treasury with its reserves.
1 person likes this
@iamken (15)
17 Jan 07
Giving away free money? Yes it would affect the economy, ALOT.
1 person likes this