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EconomicRaven
EconomicRaven
20 episodes
1 week ago
Watch our YouTube Channel for more videos: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ EconomicRaven discusses everything related to Economy! It's is your weekly dose of economics taught in an easy and fun way. No complicated graphs, no sophisticated formulas, EconomicRaven makes economy easy to understand for people who have always wanted to learn!
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Education
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Watch our YouTube Channel for more videos: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ EconomicRaven discusses everything related to Economy! It's is your weekly dose of economics taught in an easy and fun way. No complicated graphs, no sophisticated formulas, EconomicRaven makes economy easy to understand for people who have always wanted to learn!
Show more...
Education
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Why Can’t Government Print More Money To Pay Off Debt?
EconomicRaven
10 minutes
4 years ago
Why Can’t Government Print More Money To Pay Off Debt?

Check out our YouTube channel for more: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ

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.

#economics #inflation #hyperinflation

EconomicRaven
Watch our YouTube Channel for more videos: https://www.youtube.com/channel/UCj77H54JCFCbKTkIaLC8bRQ EconomicRaven discusses everything related to Economy! It's is your weekly dose of economics taught in an easy and fun way. No complicated graphs, no sophisticated formulas, EconomicRaven makes economy easy to understand for people who have always wanted to learn!