why is our country poor?
Rather it's Japan, China, U.S., German, Europe, anywhere. How come the economy is bad???? Why can't the government just pour money to everyone, so everyone becomes rich???? Isn't money everything? If I was president of a country, i would give everyone 10 million dollars, and the whole world will be happy.... I mean, I heard if u do that, the value of money will drop.. but why does it HAVE to drop?? Can't we make it... not drop??? Also, i don't get why there's teams around countries. like U.S. is teamed up with South Korea and stuff... and why other countries are united with other countries... Humans are humans isn't it? How come we can't all live in harmony??
Government - 7 Answers
Random Answers, Critics, Comments, Opinions :
1 :
because we have 2 corrupt partys out of ideals and out of ethics they are both corrupt and real change , massive change is needed from our corrupt broken SYSTEM vote 3rd party to save america
2 :
We can only do that once we begin taxing the billionaires again. George Bush signed a bill in 2002 that cut their taxes, leaving the burden on us. Spread the wealth, that's the only way people like us will ever become "rich," as you say. You should read Noam Chomsky, my man.
3 :
Please take Economics 101 and answer your own question.
4 :
THE FAR LEFT LOONS ARE IN CHARGE
5 :
WOW,THE SO CALL,FIRST WORLD ,HAVE A LOT OF POOR PEOPLE? LOS ANGELES,CHICAGO,NEW YORK,AND SOO MANY MORE? OR MAYBE THE POOR PEOPLE OF PARIS,LONDON ? THIS PEOPLE JOIN THE FIRST WORLD OF POOR AN NEDY PEOPLE? BUT THE POOR PEOPLE OF LATINAMERICA ,ARE SOME KIND OF THIRD KIND,OUR POLITICIANS LET THEM BE,AND WE ARE IDIOTS ALL AROUND?
6 :
If everyone has $10 million then the value of having that much money greatly depraciates. It is simple supply and demand. Everyone has lots of money, so prices can go up (because there is the supply of cash to meet this demand). So then everything costs considerably more than it does now, therefore $10 million becomes equivalent to having $100. Look at hyper inflation cases in Argentina and Zimbabwe of late (gives an example of when currency becomes irrelevant). Poor countries aren't "poor" because of the money either (well not solely). Education, political structures (corruption), foreign debt, lack of resources (wealth within the country), etc etc all contribute to the status of a nation.
7 :
Expanding on what mintie_boy said, The dollar is a Fiat currency. Nothing is backing its value. So the dollars value is mostly dependent on the amount of dollars in circulation. The more dollars you put in to the system the lower the value becomes until it reaches an equilibrium. In order to make the value not drop you would either A have complete control of the prices in every industry or B back the dollar up with something of value that won't depreciate in large quantities. B will not necessarily prevent prices from rising. As to teams of countries as you put it, there are multitudes of reasons why some countries align with others. A few would be sharing certain ideals, goals or complaints...
