Question:

Tell me is technically possible that gov.give away 1000 000$ 2 all citizens?

by  |  earlier

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what consequence would it have on economy?

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3 ANSWERS


  1. Inflation  ----   Too many dollars chasing too few goods. That is the result of handing out swaths of cash to the masses.


  2. I do not but understand your language, but after some decoding, I have answer. Prices would lower because everybody has money.

  3. Yes, it is possible. They can print more money and flood the market with money.  Now since every one has money, who will work? So, you have to pay more to get same services. Employers have to pay you more., much more. And you have to pay much much much more for eating in restaurent or for going to an holiday....

    Also...

    -There will be more money suppy in market then goods.

    -Prices will rise. Inflation will go up.

    -Interest rate will go down

    -Currency value in international markets will go down drastically.

    Imports will be horribly costly. say oil $100/gln

    -Exporters will have difficulty in selling in foreign markets resulting in job cuts

    -Recession

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