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Old Nov 16, 2008 | 09:04 AM
  #25  
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big_wig_074
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pmsl,print more money?why?have we run out of bank notes?the problem is NOT a lack of money in the system as its the same physical amount of notes as there were before the problem (albeit with a few notes being made occasionally by the mint as per usual).its the VALUE of the money that is available that is the problem!
think of itin terms of an rs500.if ford just decided to make another 500000 of them after the initial 500 were made,do you think they would be worth the same in the market now?no....mass production of something tends to make something less rare,so less sought after,so less valuable.so printing more money would be a waste of time,if you print more,what do you want to do with it?pay people more?if thats the case then EVERYONE needs to be paid more!so the differential between rich and poor stays the same,the value of the pound plummets,bad times!
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