Why Not Print More Money?

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Find LearnLiberty on Facebook: http://on.fb.me/X9qijGIf the government can print money, why doesn't it just print money and hand it out? Economics Prof. Antony Davies explains that understanding why money was invented can explain why it is not useful for the government to print money to give away. Increasing the amount of money available for goods and services will only increase prices: this is inflation. If everyone has twice as much money but everything costs twice as much as before, are people better off? Having government print money will not increase wealth.Find LearnLiberty on...Twitter: http://bit.ly/RBl3WvFacebook: http://on.fb.me/X9qijGOur Website: http://bit.ly/RBl3FH

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: LearnLiberty

Length: 03:17
Rating: 4.85266
Views: 118772


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Video Comments

Jake Pelter (November 30, 1999 at 12:00 am)
That isn't how savings works.
anchit989 (November 30, 1999 at 12:00 am)
so you basically want to produce more so that the value of money won't go down. But when you pull people into a particular field to produce more good, I assume the places where they left will produce less. Also, you produce something only when there is a demand for it.
Apkans (November 30, 1999 at 12:00 am)
Bernanke should watch this video.
envoke8 (November 30, 1999 at 12:00 am)
BY ALL MEANS GOD WILL DESTROY YOUR WORLD PEOPLE BECAUSE IT IS A THREAT TO LIFE ON THIS PLANET. BOTH THE CHURCH AND THE GOVERNMENT WILL PAY, THE CHURCH FOR JUST LETTING THE WRONG SYSTEM OF THE GOVERNMENT TO CONTINUE AND THE GOVERNMENT FOR NURTURING THE SYSTEM THAT MADE THIS PLANET A VERY DIFFICULT PLACE TO LIVE WITHOUT MONEY. YOU MADE MONEY THE GOD OF THIS WORLD, ONE DAY EVERYONE THAT DOES NOT GIVE UP MONEY WILL DIE AND THE EARTHQUAKE THAT SENT VATICAN CITY INTO RUIN IS THE SIGN OF THIS JUDGMENT
phill crabtree (November 30, 1999 at 12:00 am)
sorry, thats not inflation.
Kaysersoze5 (November 30, 1999 at 12:00 am)
What do you mean exactly by: "we just increase the value of the goods and services by bringing more qualified people into the field" ?
Wlisa Neal (November 30, 1999 at 12:00 am)
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mmann66666 (November 30, 1999 at 12:00 am)
It stops the downward demand spiral. Just saying.
Toe Nail (November 30, 1999 at 12:00 am)
In a nutshell, yep. Lol
Solider7 (November 30, 1999 at 12:00 am)
Yet the banks knowing that most people wouldn't be able to repay those loans didn't stop them from handing them out like predators; and look where we are now: countless stories about foreclosures on homes, possibly illegal; and interests rates for college students on the verge of doubling in a few weeks, while the banks that caused all of this get bailed out like teenage children with wealthy and powerful parents; and when people want justice and punishment, all we get is "Too Big To Fail/Jail".

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