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In: Accounting

Find a scholarly research article on printing money. How does the research article relate to why...

Find a scholarly research article on printing money. How does the research article relate to why do countries not print more money? What is the main research question asked in the study? What theory does the study use to explain the topic printing money? Does the discussion in the scholarly article differ from the discussions in social media? How? answer must be approximately 500 words

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Expert Solution

Well yes, why not countries print currency and circulate it amoung it's population and remove poverty instead of trying very hard to eliminate poverty. It seems to be an intelligent question but actually it is not.

If we print and circulate money then what is the need for their existence?

1. If a country print money as and when they need it will have a huge impact on the economy. We can observe that from what happened to Venezuela. Inflation will rise to peaks and the value of money falls very much, and also the said currency becomes very much stronger in foreign exchange which will have impact on exports and imports of that country. Now the question raises how there will be impact of exports and imports. Imagine a currency which is very much stronger (say $1000 per a single currency), can any other country afford to import from such country paying $1,000 for a single currency worth of product and similar will be the case with exports.

2. The main question that will be the background of why people don't print money is that, what is the use of money if we print them as and when we need.

3. Conspiracy theory is the theory used to explain the topic of printing money.

4. The discussion is social media will however be senseless and it will be just for entertainment while the study in theory considers the economic influences of each and every step taken by a country. So there will definitely be differences between them.


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