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Why is there so much scarcity of money in different nations of the world, is there any crisis affecting UN's economy? People hardly meet up this days, the government has failed us, the banks are not working, companies and industries has reduced quality of products.

Is affecting so many countries in Africa, America and Europe, the rate of unemployment, insecurities and corruption is becoming alarming by day.

I hope we are save! The common masses are going through a lot in the street, is this kind of inflation era.
Why is money not in circulation please?

There's no scarcity in fiat money because they can print how much they want. They're just want to control the money circulation to stabilize their fiat value, if they're keep print and add to the circulation, they will suffer high inflation rate. However the government has no choice when there's a crisis they need to print new money even though inflation will occur, because the gap distribution of money between the rich and poor is really far.

Do not be confused, money scarcity and good economy are not the same. If more money are printed or in circulation more than the economy production, it will only result to inflation.

What you want is increase in economic productivity.

You have to build your own farm and grow your own crops, thats how I see it, complaining will not work because everyone needs to survive.

The better term here is the skilled get the money and the country that has more influence will always prosper than others. It might suck to live in a country that has a poor economy, low natural resources to sell and poor living conditions. But it is upon the individual to move on from that, earn a living and strive to reach a better living condition.

More money in circulation does not solve the problem, that increases the inflation. But how much a person is able to work and earn, that differs.

The world economy also has cycles, there will be good times, and there will be downturns, we cannot expect our world to always be healthy. Currently, we are in a period of crisis and recession, if people can survive and take advantage of the downturn, we will have a good life when the time of prosperity comes. Historically, the economy has experienced similar difficulties many times, and it always overcomes them all, you don't need to worry about everyone, what you need to worry about is yourself.

I'm curious about the title and accompanying text from the OP, where did you get that information from?
Are you looking at the reality of the social state of the gap between the poor and the rich, the balance will happen, but when will I look forward to it.
The financial system has been in trouble for many years, not just now, and now it is showing an inability to withstand the pressures they created themselves.
But honestly that balance is hard to come by, when countries live on the same planet but they are more competitive and hegemonic.

It's good to be constructive in your expression, maybe you are a Nigerian and letting the present cash crunch control your emotion. It would have also been nice if you could name the countries in Africa, Europe and others that are facing the cash crunch, I doubt if you would be able to name up to 5 of them.

Zimbabwe was the African country that was battered by it but is getting over it before the case of Nigeria in which the main target of the government is to counter Money laundering, Vote buying, Kidnapping and many other menaces in the society.

Nowadays almost all countries are experiencing such problems. You won't find any countries that don't suffer like that dude. All countries also experience inflation and even when it has not gone away from the problems of the governments.

And it cannot be denied that the whole world is now facing a crisis, which is why the decrease in the inflation rate depends on the government's decision. That's why there is often a moderate situation, only equal balance always.

Maybe it's because other people also want to have savings they can use when inflation increases and increases the prices of basic necessities. We also can't complain to the government and can only try ourselves by saving our income to prepare ourselves if inflation really comes. Everything has changed now and we can't do anything but just follow what's happening around us and keep trying to survive. I'm sure we can still survive even if the government fails us, the banks don't work because we are strong survivors in every bad situation. We can survive.

What do you mean by so much scarcity of money in different nations in the world? Do you mean that because of inflation, those funds lost their value, or is there no cash, or is it difficult to access loans and new funds?

Many countries in the world face the problem of inflation, which is that you have a lot of money, but its purchasing value is very low, and therefore money has no value and value is rare.
Some, due to the Federal Reserve's increase in interest, are draining liquidity from the market, and it is difficult to access fresh money.
If the non-use of cash is common in your country, there should be no liquidity problems.

All economies have observed that increase printing and circulation of fiat money further leads to more inflation degrading the quality of the economy of such country, devaluation of the currency, continuous increments of the prices of products and services where more money is chasing fewer goods leading to economic crisis. And this they have seen as problematic should there be more printing and pumping of fiat money. For this reasons many countries have gone digital where electronic money transaction is the order of the day reducing much physical cash in hands of citizens and having it more electronically under the control of the central banks of the country so to reduce inflation effect and crisis. This thereby is believed to lead to increase value of the currency, products and services and reduce/control fraudulent activities

There isn't a scarcity of money; there is only inequitable distribution. This is rather a complex topic, but the point is that so few have so much while the rest of the huge majority can only do with what's little left.

Globally, the richest 1% has almost twice as much money as the rest of the 99%.^[1] If this is to be observed locally, it means a small family of 3 owns a number of mansions, ranches, and farms while a family of 10 only lives in a dilapidated shack on a very small piece of land that isn't theirs.

From where I am, a government consultant who barely reports to office could receive a salary 1,775% more than a staff who needs to work everyday.

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[1] https://www.oxfam.org/en/press-releases/richest-1-bag-nearly-twice-much-wealth-rest-world-put-together-over-past-two-years

One of the major reasons is the economic policies of governments and central banks. In some cases, the policies may not be effective in ensuring a stable economy, which can lead to a shortage of money.
The issues you mentioned, such as unemployment, insecurity, and corruption, are all interconnected and can contribute to a scarcity of money in circulation. For example, corruption can lead to mismanagement of funds, which can result in a shortage of money available for investment and economic growth.

because most people hold back their money because they are worried that if they invest it they will lose it, because money is not circulating, there is no economic turnover, that's why everything becomes difficult.

I know there is scarcity of fiat in Nigeria because the government is redesigning the country's currency to improve it's security, reduce counterfeiting and ransome payments to kidnapers. I have not heard about the same problem in any other country.

Regarding poor quality of goods in most countries, this is the result of poor regulation and control. Most countries don't have effective mechanism to control the importation and local production of goods. Most countries have become a dumping ground for most developed nations. They dump outdated and sometime environmentally unfriendly good without considering it's negative impact. Locally produced good are not evaluated to check it they meet global standards.


The rich are getting richer because of the growth of inequality. The global economic crisis caused by COVID-19 and the Russian invasion of Russia is not also helping matters. Many firms have closed dou to high cost of raw materials and inflation. This has led to high rate if unemployment, poverty and crime.

Everything looks fine and orderly. The current period is all about inflation and chaos that happened after pandemic hit the world. It was but obvious to happen considering the whole market was under shut down. I wouldn’t call it scarcity. There is lot of money in the UN and throughout the world. In fact we are also looking at few developing nations from the Asia region becoming as powerful economic Centers with world trade quality. I’m sure whatever info you have got is either baseless or they are just your own thought due to inflationary pressure.

Perhaps other nations are catching up with the cashless economy, beside, may I know how do you come about this? What makes you think other countries are experiencing scarcity of money?
Don't generalised base on what is happening in your country.
Maybe this is the government's way of tackling inflation, maybe they wants to reduce the amount of raw cash in circulation. If you can shop with your card, why do you worry about the number of money circulating.

When a country has a good economy then it means that there's sufficient money in circulation for their people. There's no actual scarcity of money for the entire world, there is even a bunch supply of money for most countries. What's scarce is the opportunities, resources, and land.
That's for sure that we've got limited for those things and that's making it hard for those people, especially in those countries that have limited opportunities as they barely survive every day. The resiliency of these people is greater than what can we think of because they've used to living like that even if it's the hardest.

There is no scarcity of money in much places well except for Nigeria which was caused by poor decision from the body/organization in charge of the nations finances.

Apart from Nigeria I don’t think there is scarcity of money everywhere there is just scarcity on the means to earn money. That’s why the masses are finding it very difficult now around the world.

And this is especially true if the rich which have a lot of fiat decide to change the form of their wealth and begin to buy real estate and other assets which are in short supply, this increases the demand for them and reduces its supply which increase their price, making even harder for the average person to acquire those assets, and with the economy being in such a bad shape I do not see this changing soon and it seems as if things are bound to get even worse.

that is correct, hard to earn money these days. so if you are just a common man, don't be choosy with the jobs. so long you can earn to survive, grab it. and aside from work, you can always look for alternative options to save and earn money. even if you are not a farmer, but you have a small land, why not tend it? just an example to survive.

I tell you for sure that there is more than enough money in the system to sustain businesses as well as the common man, but the major problem is that, we are being ruled by heartless and devilish people, who have no care for what the common man is going through in the street, this people are head bent on making the common man on the street suffer, in order for him to achieve his selfish aim.
Just imagine in Nigeria currently, we use money to buy money, where in the world has such a thing been heard of? this is simply man's inhumanity to man, i just hope that one day, people responsible for all this atrocities will pay dearly for all their sins.

Our current state of affairs, is a sad story.

It all comes down to us wanting to be confident in our choices and views, without knowing what the facts are.

Making uninformed choices based on inaccurate concepts and ideas. Leads to a negative status quo.

We need accurate knowledge and information to support the correct people and correct things.

We have forgotten this. Which is why things are the way they are.

I think OP misintrepreted what scarcity is.
There is no scarcity with fiat money simply because the only ones which suffers from such instance are those whoch has demand from the market or things being bought; fiat money is not and is just only a tool in every transaction. Scarcity is simply a state wherein the stock of a particular thing is being in short, in particular with the supply.
A different case I guess. Nigeria is suffering from inflation of market goods. The prices are becoming expensive but not because of the quantity of their money but its value which falls in a long run. This country is subject for hyperinflation, meaning, the worth of their currency is continuously falling as they print more.

There isn't a scarcity of money. There is, however, a scarcity in ways to make it - especially those within the poverty line. Lots and lots of money are being created for the rich every single day, but it isn't the same for those who are in poverty. Redistribution of wealth is a great idea, although idk how would we go doing it especially if a lot of wealthy people don't want to cooperate. They want to be richer and richer without any regard for those below them, and they're doing this by providing jobs with low pay to make money for them.

It is a normal thing to buy money with money especially when you are trading in foreign exchange.  But to buy money with the same money is the first time I heard of.  It is really a funny situation and at the same time irritating to think they need to undergo such things while those who are in the authority are spending this money lavishly.  If therei s a problem on finance sector, the government must do everything it can to fix it without their constituents suffering, instead, these people give the burden to their citizens.

I do hope that the situation in Nigeria will get better soon.  Oust out those incompetent leaders.  They are the reason why the people of a country are suffering.

It has always been difficult to get money since it requires efforts whether medical or physical or both.  Global economic conditions affect the standard of living and thus the ways of obtaining money.  Therefore, all methods are legitimate if we cancel the morals and all the values ​​that society has established for exchange and civilized communication.

What is shocking to say and totally unexpected by myself is there is across the world especially outside the circle of western business and commerce exchange a great shortage of Dollars.   No dollars means some countries cannot import goods and commodities to perform business and earn money.    Why is there a strange lack of dollars in some countries is probably part of explaining why eventually this system will fail and is unfair to participants in bias to centralism and ultimately to the issuer of dollars in that its self serving bias.

You need to learn about what scarcity of money is, because this is related to the economy and inflation. The government needs to regulate the scarcity of money in their economy, because with more and more money circulating in the market it will cause inflation and a decrease in the value of a currency because the central bank continues to print money without considering their backed and of course it will destroy their economy. And on the other hand, the existence of scarcity of money means that people will fight over the money that is available in the market and that will increase inflation and there the government needs to regulate the supply of their money so that there is no chaos in society. And many other things related to the scarcity of money, so this is a complex problem that cannot be explained in just a few words.

the more difficult it is to find money and the more expensive the price of necessities of life as a result of inflation. therefore we must be able to survive, namely by working hard and working smart, and being able to manage finances smartly. and of course don't just rely on income from only one line of work, so that we can make money from several sources, and that will be financially safer for our family. and one more thing, don't take debt to meet our lifestyle needs, because that will be burdensome. but a lifestyle that must adjust to income

Means of making money are also not scarce, with the current era of technology and the internet, I find it not too difficult to find a job compared to our parents' time. But the difficulty here is that people cannot find jobs with enough income to care for their lives. Partly because many people have not tried their best, today's young people often give up easily when faced with difficulties, do not want to do hard jobs but prefer light jobs with a lot of income. Plus their lavish lifestyle while their income is barely enough to live on, there are too many problems with today's world.

That's what they really are doing since the age of time. They understand that if their wealth stays on fiat, it will be lessened made by inflation and that's why it's best to put it into more scarce assets like real estate properties.
They're wise and I guess we're also wise just like them by investing in bitcoin because we do get the same thoughts of having limited supply and there will be only a few of it that will be distributed globally and as of now, we're close to reaching that 21M supply but it will only be fulfilled a hundred years later which is for the few bitcoins that's remaining to be mined. Well, on this age, we have to look at those opportunities and whether we're not genius as them, we just need to understand the basics of it, scarcity and being the first to step on those opportunities are a great advantage for us.

Government can make money to be scarce to suffer the citizens, or to prevent corruption, I believe that when their is scarcity of money it come from government for their political obligations to come to reality, we all know that government have every right to print money at any point in time, so I believe that scarcity of money affects a country because of political plans that is ongoing to that environment, so therefore I believed its people who is power strategic way of depriving people ways of achieving their own motive in politics.

I think you are not correct to group all these indices of a failed state or country as to affecting America and Europe because they are not severely felt in the manner you likened it there. I believe you are majorly talking about Nigeria and african at large. The scarcity of money in Nigeria is a result of the government cashless policy but if that is objectively planned to grow the economy is debatable with the corrupt elections conducted and producing illegality all through the positions to the presidential. So the scarcity of fiat for now is particular about Nigeria and not America or Europe. However, printing of new currency has not been a solution because it will increase inflation rate.

The scarcity of money in the world isn't indicative of the whole world giving the poor people an unfair disadvantage or whatnot, but is closely tied with making sure that money retains its inherent value and does not succumb to overprinting and loss of value. Think of it this way, you're craving for some hotdogs, and you don't want anything else. Your neighborhood only has a single hotdog stand, and that in itself makes that lone hotdog stand precious to you. But let's say over time the people notice that as generous as you are, you crave for hotdogs, and all of them started setting up their own hotdog business, that wouldn't make the hotdog as appealing to you now would it, seeing as everyone sells hotdogs and everywhere you go you see and smell the scent of hotdogs getting steamed, fried, or grilled.

The same goes with money. If overprinting happens, inflation ensues and the value of a single dollar depreciates, which causes it to not be as valuable as it was back then.
So countries control the amount of currency they own to ensure that it remains valuable.

Can they really print as much as they want? Then you'll wonder why the federal government of the nation have to borrow money from the World bank and international organisations.
They don't just print money as they like but, have a monetary policy to regulate on how paper money and coins are been printed or mint respectively and put into circulation to balance up productivity and the economy.

Saying that money isn't scared is because you ain't in my nation at the time and I can understand your speaking out of perspective but it's cool. Though, it's a hard time for people in Nigeria following the rebranding of naira notes.

I’m a bit confused here. I would assume that by UN, you meant the United Nations. Does the United Nations have/run a working economy that I don’t know about?
Your topic head screams about the scarcity of money. I would remind you that one of the characteristics of money(if not the most important quality) is scarcity.

If money isn’t scarce, it would reduce or/and lose its value and that’s why the government of any country makes policies that keeps the amount of money In circulation in check.
Would you perhaps want a scenario that while there is a whole lot of cash in circulation, you have a lot of it in your pockets but the purchasing power is next to zero.
And I think we’re quite safe. The “common masses“ could also use more of the debit and credit cards at their disposal and less of cash for transactions and payments. I think it’s also safer not moving about with sums of money in your pocket.

What do you mean "UN's economy"? Such a thing does not exist and you have to question whether you have any logic in your post at all. The United Nations is simply a forum where countries gather to share policy ideas and try to resolve disputes. It can also send out peacekeepers and do various other jobs with the support of it's members. What I find with posts like this, full of doom and gloom, is that the writers are at the very bottom of the job market and think that their misfortune applies to everyone. There is lots of money out there, but you have to know where to look, get creative with your ideas and resourceful with all the information that you can gather from the internet.

The high inflation that is happening today was originally due to too much money being printed when the pandemic came. and the banks then raised interest rates to attract people to save their money in the bank and get more interest so that the circulation of money could be reduced to reduce the rate of inflation. What makes money look scarce for some people, especially those from the lower classes, is because of the different income levels between the lower middle class and the upper class. because actually the scarcity of money never happened. and quite the opposite.

The abundance of money is the real problem not the scarcity but it's under the hands of top 1% or 10% of a nation so the remaining people are struggling to meet even their daily requirements for survival along with the increase of inflation the situation is getting worse.

Well, this isn't happening recently it's always have been there since when we started using money that is why equality among the people with their financial status can never be achieved.

What the fuck are you talking about? The OP was a bit confusing to understand now you come along with this? A government can not find a more effective way to make its citizens suffer then to make money scarce? Surely the government could be more creative than that if they truly want to make its citizens suffer greatly. I also fail to see how the scarcity of money would prevent corruption in any way. Corruption would still find a way to thrive.
Do you think the government would just print more money on a whim?

I think the Nigerian government limiting the amount of money that can be withdrawn free is to get profit from the extra transaction.  Since the limit is too low, many bank account holders have to pay extra fee if they exceed the maximum allowable for free cashing out.  It is a strategy so taht the government can get more money from the citizen.  It is a clear robbery in guise of financial law.  Honestly, I feel sorry for Nigerian citizens that they have such a kind of government.

I used to look at my government badly, but now I realized that the people behind the government in my country perform better than any other country out there.

No scarcity I think but the prices of goods are just going higher. SEveral things are happening and it s just massively affecting us all.

Many were saying that the FED trying to collapse the banking system in order for CBDC to be used by people. They were recommending banks hold bonds for a long time yet not profitable for the banks in the long run because FED also raised interest rates successively.

And then also, there's the shifting of the multipolar world I think had affected all economies. China and Russia's partnership makes the world upside down while they gained more power and more countries on thier side that had been trying to use Digital Yuan for thier trade. Gone are the days of the PetroDollar because the governments of countries that were once sanctioned are now united.

 I don't think, there is scarcity of money in my country but there is inflation that is affecting the country economy that is drawing the government attention to do something fast so that people will start experiencing deflation again in the land. I believe, many countries of the world are not yet to recover from the inflation pandemic caused for the land that is making many citizens to experience scarcity of money in their various societies. I think, many governments need to take a bold step like El Salvador government did by making Bitcoin legal tender for their citizens to experience surplus wealth in their businesses.

I would guess that the way it is distributed is the main problem if you ask me. I get that if you print a lot then it is a problem, but if you print it and then give it to rich people and not give much to poor people then it is even bigger of a problem. Just this past pandemic period, we have seen companies get trillions while 400+ million people also get trillions.

If you ask me give them all to people and let them shop, which eventually will go in the hands of the rich people anyway. It is not the humans we need to worry about, even the richest person is rich because their company is rich, so we need to rethink how we approach to big companies and their profits, not the rich vs poor argument. It is not us vs Elon, it is us vs tesla, or not us vs Jeff, it is us vs amazon.

The way it’s distributed isn’t actually the main problem. If you print a shit load of money and have all that money in circulation, there is bound to be issues irrespective of having the money in the hands of the poor or the rich.
I don’t really think it makes any difference if the money is in the hands of huge corporations or in the hands of poor folks. The effects of having too much money in circulation would likely be the same.

If you print an unreasonable amount of money and give them all to the people to let them shop, then don’t you think the value of the currency would be impacted by the sheer number of currency available? Don’t forget money has to be somewhat scarce to retain some of its value.

I don't think there will be a scarcity of money because many countries will soon print paper money, it's easy for countries to print paper money because printing paper money doesn't require a high cost, it's different if there are countries that use gold and silver benchmarks to print paper money.

I'm aware of the monetary crises in numerous countries, but the United Nations' economy isn't the only one experiencing difficulty. A number of factors contribute to this, including poor leadership, high unemployment, and pervasive corruption. The rising rates of joblessness and insecurity in the Americas, Africa, and Europe are terrifying. However, there is cause for optimism; we have the power to effect change with novel monetary systems like Bitcoin and cryptocurrencies.

I've been keeping tabs on crypto, and I can assure you: it's about to explode. Already it exceeds the total GDP of some very small countries. Therefore, governments and banks need to get up and running. We need to replace our antiquated, centralized, and slow monetary systems with modern alternatives.

Don't give up hope, that's all I'm saying. Continue your faith and embrace cutting-edge technologies like AI, chatGPS, cryptocurrencies, etc. Apply them to improve our lives and the lives of future generations financially.

If I read between the lines of your post, you are not talking about the scarcity of money... but rather about the distribution of wealth and also high inflation. Governments can print lots of money, but if you are unemployed... then you will not get your hands on that money. (so unemployment are the real problem)

The global economy are taking a lot of punches from the affect of the Covid-19 pandemic and also from the War in the Ukraine, so it is expected that the economy would struggle.  >:(   (Important : This was caused by governments bad decisions)

Initially, we were made to believe that the new financial policy from the government that led to the scarcity of money in my country was a put in place to help the general public by stopping the very rich politicians from influencing the choice of the poor people among us with vote buying.
But from what transpired during the general elections we can boldly say that the policy never helped us as a people in anyway because politicians still did exactly what the policy promised to prevent.

So many people has very sad stories to tell because of the scarcity of money. So many has lost many good opportunities because of the policy which I think is absolutely "useless". It hasn't helped us as a people and the government has to do something about it as soon as possible

The government has the qualifications to print the maximum amount of money in each year, they cannot decide to print more money if there is no basis for consideration and printing more money will also not create a balance resulting in inflation because it cannot be controlled or in other words the circulation of money unbalanced in the market. Unemployment is a problem that the government has not been able to overcome, due to the lack of land for jobs that can be accessed by the community, so that the impact on people's income has problems meeting their daily needs.

Covid-19 was a big blow to the collapse of most countries' economies and on the other hand inflation and recession also hit together. They have not been able to overcome this problem, thus worsening the situation and the people's economy.

It's very interesting and I think maybe a little long.  :D :D

The scarcity of money in various countries around the world can be attributed to a variety of factors, including economic problems, government policies and global events. While it's hard to pinpoint a single reason, some of the most common causes of a shortage of money include:

- Economic problems such as recession, inflation, and high debt can cause a shortage of money. Shortages in the money supply can lead to decreased spending and investment, which can further exacerbate economic problems.

- Government policies such as taxation, interest rates, and monetary policy can affect the circulation of money in an economy. If these policies are not managed properly, they can lead to a scarcity of money.

- Global events such as pandemics, wars and natural disasters can also impact the circulation of money. For example, the COVID-19 pandemic has caused a significant decline in economic activity, which has resulted in a decrease in money circulation.

- Corruption within government and financial institutions can also lead to a shortage of money. When funds are mismanaged or embezzled, it can lead to a decrease in the amount of money available for circulation.

Remember that the scarcity of money is not a crisis that affects the United Nations economy specifically. Rather, it is a global problem that affects different countries in different ways.

To address this problem, it is important for governments, financial institutions and individuals to work together to implement policies and practices that promote economic growth and stability.

I don't know if it's right to say there's a scarcity of money when the government can print money at will without thinking about inflation. When the back up of multi paper money runs out, as the policy they adhere to the dollar, the risk is only the value of the currency itself and affects economic income.

I was wondering what you mean by scarcity of money? or rather you do not have a source of income supported by skills.

True! FED can print all the money they want because they have the machinery to do that and this is why the problem of unlimited supply of money that are controlled by the government itself which causes too much inflation that will effect the money's value in the future to come. This is why bitcoin is the answer of all the economic crisis, inflations, recessions, and bank runs.

In my country there is no scarcity of fiat currency, but for us as unemployed, of course we can feel, this is not a problem of scarcity but our current income that has not been able to meet the needs of life so that it has an impact on thinking as you said, and when making fiat currency the government has set how much can be circulated and this must have a limit, So in this case we need hard work so that our income can increase and no longer feel the scarcity of fiat currency circulation.

I don't believe that printing more money can save a nation; on the contrary, I believe that it will make things worse because increased money circulation will lower the value of the fiat currency, which will result in high inflation rates if this practice is continued. There are numerous elements to take into account while determining inflation rates, particularly those that are external to the nation.

We do not lack money but what we lack is the opportunity to make money here, economic barriers from macro to micro directly affect the life of each household, or the economy of a country.
After the crises in society in recent years, I think things are getting worse and now we are also experiencing a major military conflict and very likely widening the scope of the conflict war.

This is the exact same thing I would like to say. IMO, based on my country's current situation, some of us lack the opportunity to make money. Money is there but the oportunities given are scarce, there're offer or course but the competition is very high. Let's just say we there are job offers, the thing is you need to prove why you are different from others who has the same field as you.

In terms of investment? It will be a bigger competition coz not everyone starts at the same starting line. Money isn't the problem/scarce but the lack of opportunity, there is also a case where financial education is a problem coz once they got the money they tend to spend it on not conventional things or sometimes used for needs coz money is scarce and that's the only time they'd get the chance to make money so they'll choose it for their basic needs first and the rest is for investing, but the catch is their needs sometimes are much more expensive than what they earn.

you're right it seems the OP did mean that. and I think the real scarcity is in the infrastructure to get that money. because these days it is indeed not easy for people to make money. the lack of job vacancies is also one of the real reasons. this also stems from the many companies that have gone bankrupt since the pandemic started. and the bottom line is that global economic conditions have not recovered properly.

This means that there are many corrupt officials of the Nigerian government, so their people are suffering because of the law they are enforcing.

       Then the maximum amount limitation given by the government of Nigeria is just too low, which will cause residents to be forced to withdraw beyond their withdrawal limit. It's something that people here in Nigeria can't do but follow.

Which African country has scarcity? You generalize everything; you should have some statistical evidence to back up your explanation. My country has so much money in circulation that they are begging the public to return the money to commercial banks, which has affected the value of currencies. Because of this, they redesigned new notes to replace the old ones, and even with that, I don't think the scarcity is that great because the banks have the money, which has been shared between the rich men and the politicians, and we will see more cash before the end of the year.

That makes the value of your money less. It devalues your money because of QE. The more they are in circulation means the money had inflated already.

In some countries, the banks are limiting how much a person could withdraw. This is not because they don't have money but because the banks lent thier money to debtors for interest which they can't give depositors thier money back.  

In regards to Nigeria, would you really say that what the government did with the redesigned and less printed money with the reasons you listed above really worked? We understand they were accusations and counter-accusations about the Naira redesign and what was the result of the election? It was only the normal citizens that felt the pain and still feeling the pain. I personally don't have any problem with that cos nothing wrong with going Cash-less only if every aspect of the economy will follow suit.

Right, it's indeed much better for us to grow our needs especially for daily survival and in that way, we can avoid buying products that are already becoming expensive because of the inflation. I mean, we surely cannot block the government from printing more money because aside from it's inevitable especially on our side, we should also learn what are the reasons why are they printing more money.

And if we cannot bear the current situation of our own country, then probably it's much better for us to live in another country which got better conditions. There's a saying that goes, "it's not our fault if we're born poor but it will be our fault if we will die poor"

You are right that the lifestyle choice of people can actually affect their lives in general if they don't earn enough to afford how they basically live their lives. A father earns a very minimum income while the children wish to have luxuries that their parents can't afford, and parents can do nothing but try and fulfill all the wishes of their children as after all, they live to do that.

About the scarcity of jobs and incomes, I also think that there can surely be one job for one person in the world but if someone stays jobless it's only because they don't accept to do any work that they get but want specific kind of jobs which doesn't always work out for them.

The scarcity of money in my own country is a result of the government's decision to change some of the notes in circulation which withdrew the influx of cash at hand but we were allowed to use the old notes just this last week and even despite these, funds are not disbursed to the public which made cash transaction difficult and bank transfers sometimes fail.

Enough money is not in circulation because the amount printed are stolen and hidden by the politician that’s why money is not in circulation, in my country currently, there is change in currency, the central bank is not printing enough new note and the old note is not longer accepted, the little new note printed are distributed to the politicians, few are sent to banks, most managers decided to sell the currency they received from central bank also to politicians and just few amounts are distributed to the masses.

Yeah, Nigeria is now a though place to live because of cash scarcity. Naira Value is low and the withdrawal limit is also low. Moreover, most people lack the knowledge of using bank apps. The scarcity of money have made many people learn that method but now, banks are making it difficult for people to make transactions because of bad network and congestion.
Everything in Nigeria looks overwhelming now.

I think it is mate especially outside or offline. Can't you see that there are so many people which are unemployed? The bad part is that many of these people are even graduate at college or by some degree. The slots on online jobs are also full at all times and there are still people in queue.

I think it was before who are still much easier to apply for a job because the population back in time are still lower when compared to today. There is also much lesser inflations that time. Even if they only earn small, the value of it is already huge. The only advantage we have today is there are now cryptocurrencies which we can use to possibly improve our lives.

It depends on the government that governor's your country, so many of us render or gives suggestions base on our understanding or our experience of our countries kind of leadership, so government can seized a currency with implementation of new policy in order to suffer the masses,  so it depends where you from, because I believe that bad government always make things difficult to her country citizens, some of them did it intentional and unintentional.

Scarcity of money can occur when there is high deflation, of course this is rare or something that is difficult for us to find, what happens is the opposite, namely an abundance of money or inflation, this happens because the state will immediately print money to fill stock at the central bank and then circulate it to all banks connected to the central bank.

Little money in circulation because the supply of goods is less than the circulation of money, minimal economic activity resulting in a small circulation of money, rising interest rates and taxes.
That is one of several factors why money in your country is scarce, while inflation is the opposite of this fact. I am a little confused by the case that there is about inflation and a small circulation of money.
If inflation is still below your country's standard percentage, that is normal, but if it is high enough, what you mean by scarcity of money is most likely that economic activity in your area is very small so that the circulation of money in your area is very little of the total supply of money in Your country.

scarcity of money? what exists is inflation that exceeds reasonableness, thus causing misery for the people, on the other hand from a government perspective there is a lot of corruption so that money that should be for the prosperity of the people is embezzled by officials, so that people find it difficult to fulfill their needs, which results in money being less valuable than goods needed. if this continues to happen it will increase criminal cases because many people want to fill their stomachs but find it difficult to get money

Everybody is feeling this cashless policy, my dear, it doesn't leave the rich and politician out of it, even POS payments is now changing money. To me, the initiative is very good but ill-times and was sabotaged by politicians and ordinary people. Till now, politicians are stockpiling again their lost money with the new notes to return to business as usual with their "Ghana must go" and unsuspecting people are building businesses on the suffering of others.

Money is leaving the bank but not entering, there is now an imbalance that only God will save us. Still, I will not blame the government for this, it's a good development but fought back by the overambitious people.

After the state prints more money and circulates it to the central bank and banks connected to the central bank, it will mean nothing if the money does not circulate in society. Because the cause of inflation is the circulation of money into the wider community so that the abundant money causes an increase in the price of goods and services in general. while Deflation (https://www.bi.go.id/id/fungsi-utama/moneter/inflasi/default.aspx) is the opposite of inflation, namely a decrease in the price of goods in general and continuously.

If the mafia has entered the world of government that is what happens, the rich get richer, the poor get poorer, the economy is squeezed for the common people, if trade and the government are dependent on the mafia the small community suffers.

The economy lately, let's say in 2023, almost on average every country screams, corruption and economic games by the mafia are one of the worst factors that are felt by the wider community at this time, the mafia pushes up high prices of goods, the government implements high taxation, it becomes a basic reference for a deteriorating economy for the community.

In the past, for 1$ you could get 3 packs of cigarettes, now for 1$ you only get a few cigarettes, the reasons are taxes, the mafia and corruption. rampant.

Seems like we have ourselves a little economic muddle here. Inflation, the antithesis of scarcity, and a lack of money circulation as a result of sluggish economic activity, increasing interest rates, and taxes are both to blame.

I may not be an expert on economics, but I know a thing or two about cash flow problems. And trust me, there is nothing more disheartening than worrying about how you're going to make ends meet each month. For this reason, I propose launching a crowdfunding campaign to collect monetary donations for the economy. Why not attempt it for a whole nation if it works for potato salad?

I do not know about those nations but I know mine and I can confirm that politicians and business people get together to make sure they get out of the troubling times together without hurt, and then start looking at the people.

As I grow up, I realized that corruption doesn't really "want" people to live in poverty, even the worst kind of politicians would rather have a dream nation where everyone is super happy, they would love that actually because it means they will keep their power without any issues. But they can't, because corruption makes the nations go bad, and when they go bad people don't like the politicians and that's why they turn out even worse.

It seems that many have felt the impact of the scarcity of money in various countries. but, This is definitely a tricky situation, and there are many factors that contribute to it. My opinion One thing that may have contributed to the scarcity of money is the economic crisis that is engulfing many countries right now, leading to decreased spending and lower economic growth.

Is the government's attempt to overcome this crisis always seen as a failure? I guess it takes time and support for them. Is there any crisis affecting UN's economy? This is a good point for the UN economy, it should be noted that they do not have direct control over each country's financial situation.

The central bank's strategy to control financial circulation is to limit cash in circulation, if the amount of money in circulation is out of control and there is too much of it, then inflation is certain to occur which causes more complicated problems. As citizens, of course we must be accustomed to finding solutions, for example by increasing income and don't just complain.

maybe this is the government's way of controlling the money supply so it looks like that, but I also admit about inflation and rising prices for the things we buy and also industries that experience declines in their processes.
it's bad i hope we can all face this.

In conclusion, the scarcity of money in different nations around the world can have many causes, and the solutions will depend on the specific circumstances in each case. It is important for governments, central banks, and international organizations to work together to promote economic stability and prosperity for all people.
in my country the scarcity of money is very felt.

For any nation to face scarcity of fiat money definitely the government of that nation is aware of that. Scarcity of fiat money is also to the advantage to the people of that particular country. Government do this deliberately sometimes to balance the economy. The availability of fiat money will cost us a lot of pains because goods and services prices will be higher. We are currently experiencing this issue now in my place, we are Suffering with the current situation but I see the advantage of it. Because I have achieved a lot this during this period, goods and services have drastically reduced in prices due to lack Fiat money.

It seems that they have find a way, print money inside banking system to solve their liquidity problem, but never let them out to economy through high interest rate, to control inflation

I'd rather say it's harder to find ways to earn money nowadays (limited job vacancies). maybe in some countries the scarcity of money really happened. whether it's caused by the government trying to withdraw the excess money circulating or something. but in my country there is no such thing as scarcity of money. In fact, inflation occurred because there was too much money in circulation which was caused by the government printing more money during the pandemic to give it to its people as assistance to deal with the pandemic at that time which made the country almost experience a recession due to the paralysis of the economy due to quarantine.

but then the government prints more money to give to the people affected by the pandemic. so that people can still meet their needs and still be able to shop even from inside the house. so that the economy continues and does not stop. but after the pandemic ended, this excess money supply made the value of the country's currency decline and the prices of goods soared. it was from here that the government began to try to withdraw the excess money in circulation. namely by raising interest rates and such.

The government does have an obligation to control state finances and also the circulation of money within the country, but problems such as inflation must also be able to overcome because it is not very good for the community. Because the community will suffer greatly from the increase in the price of necessities and this will certainly not be able to be faced by some citizens who are still poor.

Indeed, this is also quite good for some citizens, but the balance also always occurs because when the price of goods and services drops drastically but not all citizens can make purchases, it will also have an impact on reducing the purchasing power of goods and services among the public and economic development will also not be so good because the circulation of money will be less.

In one of his published opinions in The Socialist & The Political Economy of Development, Nick Johnson asserts that one of the major economic phenomena of our time seems to be the massive accumulation of elite wealth amid growing inequality within nations even when production and productivity, especially since the Great Recession, have been modest.
And in his book "Capitalism Without Capital", Alan Shipman brings a combination of theories to argue that we live in an age of abundant "wealth", coupled with the lack of real productive capital assets.

I thing the reason for the scarcity of money is lack of economic activity. If businesses  not producing or selling goods and services, there is less money grtting ti through the economy. This can be reason many of factors such as low consumer demand, high unemployment rates, or low investor confidence.

I also find cash increasingly difficult to obtain, an increasingly difficult economy makes me have to sell assets for business capital, this is because I don't want to work because the salary offered is small and not enough for monthly needs, by doing business, we get a lot of advantages and opportunities for become big and successful.

This is just a step and government policy to avoid inflation. The world is now in economic turmoil, especially for developing countries where the cost of imports, production, raw materials for industry, gas, are all going up. If the government prints a lot of money then gives it to its citizens, it will have a bad impact on the country's own economy so that its circulation is controlled.

There are some economic problems in the world today.  Various countries of the world are already suffering from extreme economic problems. A few days ago we saw such economic problems in Sri Lanka but Sri Lanka managed to recover from it. But nowadays in many countries the prices of daily essentials have increased tremendously. Fuel oil and other commodities are now beyond the reach of people to purchase.
Since the conflict between Ukraine and Russia, such problems have been emerging in the world. But we hope for a healthy world. Soon the world will be back to the way it was before and the problem of inflation will soon be solved.

It is true that money does not seem to be circulating as much as it should in many countries around the world. This financial crisis can be attributed to a combination of factors, such as high levels of public debt, currency devaluation, and inadequate taxation revenue. Additionally, many countries are facing economic crises due to the effects of the COVID-19 pandemic, causing further instability in global markets. To address this situation, governments and international organizations must work together to create policies that will help improve economic stability, provide financial relief for struggling citizens, and encourage investment in businesses.

Yes, we're all safe. At some point, water will find it's level and all will return to normal. I took a peep at your profile and discovered you're Nigerian, my compatriot. You wrote from the Nigerian view point and erroneously made it look like a global issue. No, it's not. Besides, what's happening in Nigeria is artificial scarcity deliberately orchestrated by the Buhari administration for whatever reasons we don't know. I've to admit that such thoughtless action of the ruling party carried out by the CBN governor, Godwin Emefiele, has drastically dealt with every Nigerian as it's now.

The factor that makes money scarce is that the government through the central bank carries out strict supervision so that money feels scarce,  this usually happens if the central bank sees indications that there will be economic problems such as inflation, I also experienced restrictions on withdrawing money at the bank but when I asked the bank they only said they would follow the regulations from the central bank.

My country is the same, money is not scarce, but money depreciates too quickly while making money is increasingly difficult. After all, money is just paper, and the government can print as much as it wants, but they can't do that for various reasons, so when there's inflation, we can't blame them entirely. Because this world is a link, as long as a few countries have problems, all will be implicated. I mean, without a pandemic, without war, things wouldn't be so bad.

But still its a bad but not this kind of situation that is very worse. You know most of us poor people are got affected on it as we cant afford those things that we used to do or eat unlike those rich person they can only react that it is getting expensive but still they cant afford it that is the sad reality and again government would say they are doing everything but still we cant feel it that is why others wont relying on government move they will find their way on how they can survive

People must never forget that politicians are not really there to serve them, they serve themselves and a couple of powerful friends and that is it, and it is obvious that with the economy not being in a good shape politicians are doing what they can to protect themselves and their friends, and if the people need to suffer because of this they have no problem with that, so be very careful about the amount of money that you keep at any bank since you never know when your money may disappear with no way for you to get it back.

although there are cases where politicians act corruptly or selfishly, not all politicians are like that and it is not right to generalize. Banks are regulated by financial regulators and there are deposit protection measures in place to safeguard depositors' savings, let's not say that politicians make certain choices, that's not how it works.  Of course you have to try to always be careful with your investments.

I can send that copy of money will be caused by the government of a particular country and you if you disturb our bank or that particular country receipt to print more money or to make money to be available to the banks that is when they don't have the ability to dispense cash which is as a result of the Central Bank not be able to bring new currency for more dispensation for the country

You cant really blame out people on why they do have that kind of perspective in overall when we do speak or talk about politicians on which it just turn out that this had been a common thing for it to happen where
corruption and other things which they do usually get involved with and this is why its not really that a shocking thing .Speaking about scarcity of money? We do have that sufficient, it is really just that there
are people who do earn less and having no sufficient support into their needs and this is why they would really be having thoughts that money might be scarce without even trying to
realize that they are the ones who do lack of earning money.

There's no money scarcity throughout every inch of the world, just some nations experiencing this. So the fact that you're experiencing this doesn't necessarily mean other parts of the world are affected too. And talking of crises, yes there are, and the war in Ukraine is a perfect example to mention a few.

where do you live? are you affected?
Please cool down and stay calm dude, because not only you but in every country where the circulation money is still compared with The Paper Money (where that country always printed it to buy your source, wood, mineral, oil, gold, palm, rubber, and etc). We can't do anything, because that system has already been ingrained since we were still embryos. We just wait until collapses, and soon, bitcoin will replace the system.

When other parts of the world do not experience this, of course there are still solutions that can be taken to overcome this problem. Because when someone starts to find it difficult to make money in their own country, then immediately move to another country where the source of income can be better than in their own country.

So there's no reason to say money is scarce as long as there is still a place to look for it and it can still be a solution for everyone who wants to do it wiser. Jobs can indeed be lost due to something that causes income to be lost too, but everyone can always find new income through other jobs as long as he has a certain will and ability within himself.