If they can print their own money?Why can't they just print their money and buy what they need?Why do prices have to rise astronomically with increased money circulation in an economy?Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

Who gains from the stringent money control policies?The people or the iluminaties?

Inflation and the curency would be worthles

antartica: If they can print their own money?Why can't they just print their money and buy what they need?Why do prices have to rise astronomically with increased money circulation in an economy?Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

Who gains from the stringent money control policies?The people or the iluminaties?

When you print money as you please, you cheat the countries you owe money by making that debt worthless. In other words, in addition to printing money, you need to have the military might to "talk" other nations into accepting it. Hence US, Japan, Europe generally get away with it. Argentina on the other hand cant, I believe one naughty Nigerian named Soludo tried something like that once only to receive flogging from yet unknown forces. Man pass man

antartica: If they can print their own money?Why can't they just print their money and buy what they need?Why do prices have to rise astronomically with increased money circulation in an economy?Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

Who gains from the stringent money control policies?The people or the iluminaties?

Same reason Nigeria is broke.

Tiff tiff Leaders are the cause and corrupt citizens.

Shebi Zimbabwe tried that shyt some decades ago and they are still trying to recover from their fiasco till date. Money is ordinary paper unless it is backed up by something. That something is called value. Otherwise, it is ordinary paper. That is why you can't just print money without it having value.

It isn't rocket science

[img]http://www.?aff=391[/img] [img]http:///?k_id=utibeokodi[/img]
I don't know who knows

Very complicated question.

even if the printing machine is here it will develop wings and miss

antartica: If they can print their own money?Why can't they just print their money and buy what they need?Why do prices have to rise astronomically with increased money circulation in an economy?

I think there is a limit to the money printed in a particular period by the "minting and printing". This is most likely to avoid inflation where money becomes common like stone and thus loses its quality of scarcity, once it loses its quality of scarcity, it becomes worthless and the whole economy would be brought down because the exchange rate would be drastically affected and everyone in the country would need to give more of their money for few or little goods and services which they did not expect when they earned the money, infact the rich becomes poor and the poor becomes wretched..
To cut it short, when you print money anyhow, you risk a hyper inflation which would bring the economy down. So you might infact end up not having enough money to meet the cost of printing money again, lol that's what Inflation can do.

You can read on Zimbabwe's hyper inflation story and why they became among the top 10 poorest country even though they have natural resources.

antartica: Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

There is cost of production too, it's not as easy as you think , producing goods. Also don't forget the producers are customers of other products too, so they also now have more money to spend, therefore the relationship between the producers and customers in spending is the same as before, they both have more money, so what's the point of producing more? This happens when only a single or few product which they sell increases in price (which is not termed Inflation as it isn't general price level increase) since they can gain.
But note that it's not the amount of money to spend that matters but the value of money at that point, therefore since the currency has lost Its value, the Idea that consumers now have more money to spend is only an illusion as they may not even be able to meet their previous demand.

ask the emir of kano

birdman:

When you print money as you please, you cheat the countries you owe money by making that debt worthless. In other words, in addition to printing money, you need to have the military might to "talk" other nations into accepting it. Hence US, Japan, Europe generally get away with it. Argentina on the other hand cant, I believe one naughty Nigerian named Soludo tried something like that once only to receive flogging from yet unknown forces. Man pass man

This is very wrong! US Europe and Japan doesnt print money and get away with it. no one print more money to pay for debts .
has nothing to do with militarily.

The reason why US prints money daily is because the dollar is used in the Oil trade and since it is done daily, there are high demands for the dollar which makes the value stable regardless of the amount in circulation.
It is a risky system of course and it can backfire if the dollar is no longer used for trading but that is highly unlikely because the US is very stable and it actually got this privilege after the end of the war.

t

[b]If we print more money, prices will rise to its highest level more that its supply..no matter how many you print,leading to inflation and our money is now de-valued.If people have more money, they’ll divert some of that money to spending. Retailers will be forced to raise prices, or run out of product.Retailers who run out of product will try to replenish it. Producers face the same dilemma of retailers that they will either have to raise prices, or face shortages because they do not have the capacity to create extra product and they cannot find labor at rates which are low enough to justify the extra production
for the case of national debt,Governments borrow by selling government bonds to the private sector. Bonds are a form of saving. People buy bonds because they assume a government bond is a safe investment.This assumes that inflation will remain low.
If governments print money to pay off national debt, inflation would rise. This increase in inflation would reduce the value of bonds.
If inflation increases, people will not want to hold bonds because their value is falling. Therefore, the government will find it difficult to sell bonds to finance the national debt. They will have to pay higher interest rates to attract investors.
If the government print too much money and inflation gets out of hand, investors will not trust the government and it will be hard for the government to borrow anything at all.
Therefore, printing money could create more problems than it solves.[/b]

if only it was that easy. Printing more money will lead to hyperinflation(out of control inflation) and no thanks to our supposed leaders who "misappropriate"((the way they give fancy names to crime sha) money meant to develop the economy, we become broke

antartica: If they can print their own money?Why can't they just print their money and buy what they need?Why do prices have to rise astronomically with increased money circulation in an economy?Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

Who gains from the stringent money control policies?The people or the iluminaties?

Economists in the house, make una come o

antartica: If they can print their own money?Why can't they just print their money and buy what they need?

Why do prices have to rise astronomically with increased money circulation in an economy?

Why can't the producers stabilize the prices as before and produce more goods for the demanding consumers that have more money to spend?

Who gains from the stringent money control policies?The people or the iluminaties?

1. There is also cost for printing money and money is not just papers with awolowo, sardauna and Azikiwe nor wazobia inscribed , it contains special sophisticated security features that is expensive ....... you may not believe this , but the cost of producing #1,000 NOTE may be #1,500 so , it become wiser to borrow from richer nations if the cost of borrowing is lesser than cost of printing !!


2. Where there is increased money in circulation , then demand rise since people will have more money to spend on motors, houses, small/big stout , A:shawo:s and consumables where demand rises, supply will have to meet up thus prices rises and the more the money in circulation , in that order, the more astronomical rises in general price level thus inflation, if not controlled and it goes out of hand , we may have a situation called HYPER-INFLATION , the economy is burning with fire ....... Money in circulation is control by CBN !


3. Producers also stabilise prices , also govt regulate prices but remember, the essence of production is to make ''profit'' and Producer will always sell @ the price that maximise profit therefore Producer will be eager to sell more @ higher prices that will bring higher profit, Ceteris Paribus thus even when they stabilise price, they will always scheme to protect their profit, the most important in Business


5. No doubt there are alot of politics and diplomatic tactics regarding money control that is why experts are the only one in charge @ CBN and there are various tools @ CBN's disposal to do that where a nation failed to control her money , she will lose all her wealth to another nation ......

Money control protects against cabals, bully nations , 419s, extremists , Bully Organisations like IMF/IBRD etc ..... therefore, money control can be for beneficial moves to the people or to counter-attack some foreign operations and/or policies !!



Viewed by an Accountant !

.

igbo2011: Inflation and the curency would be worthles

Does it matter if the currency is worthless or not? So far money is available to buy whatever it is you need.

I dey come

Abracadabra, please go and ask Mugabe.

Missy89:

This is very wrong! US Europe and Japan doesnt print money and get away with it. no one print more money to pay for debts .
has nothing to do with militarily.

The reason why US prints money daily is because the dollar is used in the Oil trade and since it is done daily, there are high demands for the dollar which makes the value stable regardless of the amount in circulation.
It is a risky system of course and it can backfire if the dollar is no longer used for trading but that is highly unlikely because the US is very stable and it actually got this privilege after the end of the war.

t

You are right on point. More kudos to you.

padeolu: Does it matter if the currency is worthless or not? So far money is available to buy whatever it is you need.

Ever heard of exchange rate before? You can't buy as much as you think because the country's exchange rate would have been depreciated.

Nihilist: Very complicated question.

...

seedord247: when they have retardeen as leaders.. E.g Nigeria

i thinka retardeen answers questions the way you answered the op, so look at the mirror if your looking for one

excess loothing.. lol

When a country spend more than they earn i.e(low export and production) they are likely to go bankrupt.

They go broke because they fight many wars and poke nose into other countries business. Spend a lot and pay for mercenaries to topple govt of other countries Eg= USA. An indebted nation sinking everyday. And if they start printing money anyhow it will loose value. Zimbabwean dollar will be better than it.

rozayx5:

i thinka retardeen answers questions the way you answered the op, so look at the mirror if your looking for one

.

We'll need to set up a committee to look into the matter.

Missy89:

This is very wrong! US Europe and Japan doesnt print money and get away with it. no one print more money to pay for debts .
has nothing to do with militarily.

The reason why US prints money daily is because the dollar is used in the Oil trade and since it is done daily, there are high demands for the dollar which makes the value stable regardless of the amount in circulation.
It is a risky system of course and it can backfire if the dollar is no longer used for trading but that is highly unlikely because the US is very stable and it actually got this privilege after the end of the war.

t

You are very right.. But while people blame it on inflation, I blame it ineffective, not united and visionless. leadership that africa is being plagued with. This is A game that is not fair to the developing countries. Usa has succeeded to put their mark in history and is controlling.. The dollar is one of the things Protecting usa Today and will fight and destroy . Just to keep that top spot. Africa on the other hand has vast resources to back up the currencies. But the oil cocoa and gold prices are controlled by this elite to ensure they still in control. So we don't really receive fair prices on our products. But even at that.. The likes of nigeria has still made enough from oil thatit can turn the whole nigeria into a switzerland..and ghana from its gold and cocoa. To mention a few, where has all that money gone? We have not succeeded in creating better institutions. To help in the developments so we still stuck.. Gadaffi came up with the gold dinar. That would have been a game changer for africa and add more value to our product. But the african disunity had already killed his dream.. Juust cos some of them follow the western elites religious then nato. Just came in to hit the last nail on the coffin to ensure that such will never rise again. I remember one of the french presidents say.. That french affluent life and existence is possible because of africa ..what is in our countries that will survive them and not us. To break this jinks .we need people with vision, united on one dream..and have mapped out how to break The monopoly and irregularities in Economics of this world