Is there a fixed amount of money in the world?

Question

Does the total amount of money in the world increase? If so, what determines how much money there is in the world? And what is the basis for "manufacturing" more money?

Answer 1

money is printed all the time. Most countries having hyperinflation have gotten in that situation by printing money

Answer 2

no. every country can produce as much money as it wants or how it sees fit. sometimes one may choose to produce more which may devalue the currency or reduce the amount in circulation to increase value and so on...it depends on the finance minister of each country and his/her decision

Answer 3

A country can print however much money it likes. But most wouldn't think about it as it would cause hyperinflation like how German was after WW1.

Answer 4

No.  That´s an old theory that was discarded in the late 1700s, although many people not familiar with economics believe that.

Wealth and money is the result of economic activity.  The more things are going on and the more services and products people produce, the more wealth there is (and hopefully it is fairly distributed among everyone, not just a few).

Actual ¨cash¨ is just a part of wealth.  Countries can´t just print all the money they want or they will have hyperinflation, but they can print more money as more wealth and a better economy occurs that can absorb the currency.

Banks don´t make wealth or money--people do (good bumper sticker :-).

Answer 5

Something about gold ? maybe that's old thinking Gold has to back up your dollar etc to have so much value?

Answer 6

no . there is no fixed amount of money.

its value keeps on degrading