I hope goverments will give more money to people

[Fullbear2222]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.
I know it's not well and sustained economic way but i don't care becouse world is all ready messed up too late to fix anything.
Those who working and got jobs let them just keep up everything so we have food necessary services so most people we can just focus on staying home and trading crypto and invest in crypto.
Also If less people working then less traffic and it save envoirement and nature also.
let's just earn with crypto more people come into crypto space more money coming in but stimulus money need to be somehow.
And If it's problem for USA to print money then they can find few big countries wich large enough to take all the usa inflation burden of money printing ...or let the usa make bundle of the countries who will take usa inflation.
Nothing else matters the system is done all ready and messed up now lets focus on just earning with cryptocurrency but for that people need easy money hardly people invest their hard earned money so goverments need to find the ways to keep people in homes and they trading cryptocurrency.
Then we the Western countries together will choose few other countries in where we will send our dollar inflation so we can print money and do the stimulus.

[Usdcboss]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.
I know it's not well and sustained economic way but i don't care becouse world is all ready messed up too late to fix anything.
Those who working and got jobs let them just keep up everything so we have food necessary services so most people we can just focus on staying home and trading crypto and invest in crypto.
Also If less people working then less traffic and it save envoirement and nature also.
let's just earn with crypto more people come into crypto space more money coming in but stimulus money need to be somehow.
And If it's problem for USA to print money then they can find few big countries wich large enough to take all the usa inflation burden of money printing ...or let the usa make bundle of the countries who will take usa inflation.
Nothing else matters the system is done all ready and messed up now lets focus on just earning with cryptocurrency but for that people need easy money hardly people invest their hard earned money so goverments need to find the ways to keep people in homes and they trading cryptocurrency.
Then we the Western countries together will choose few other countries in where we will send our dollar inflation so we can print money and do the stimulus.

This idea works If goverment will make law that skilled people can't get benefits otherwise they stay also home.
Penalties to not working If you have skills what society needs also can help.
But yes we need always more capital in crypto there is a lot coins Everyday new ones and all of them need buyers.

[WillyAp]

There is plenty of money around.
It's just concentrated into a too few player like blackrock.

Government hand outs are fine if you make good use of those.

[Fullbear2222]

There is plenty of money around.
It's just concentrated into a too few player like blackrock.

Government hand outs are fine if you make good use of those.

How can you say ? I don't see money i see money if i see Market is moving.
Now the Market not moving If i invest i want to see how my invest going up.
Like 2021 year was everybody was happy about gains but now we need more money because we have now more blockchains and more coins they all need funding and best who can Do that its goverments the goverments have most money.

[sunsilk]

Not everyone is going to invest in crypto. Not everyone has a stable job and even if someone thinks that they are stable and have the best stable job and income that they have.

You'll never know what's coming to the world that will halt everything and even that employment. While I get the point of what you're saying and it is almost as perfect as it can be.

Those ideas are not going to be applicable to all the people.

[Cookdata]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.
I know it's not well and sustained economic way but i don't care becouse world is all ready messed up too late to fix anything.

So in your context, we have seen the worst and because the government are incompetent, we should put the economy in shamble because you want the government to give money to people. Did you forget the $1500 benefits Trump gave to people during the Covid 19, did you see how US was later struggling with high inflation? That's because they printed money in excess and that backfired, it took them years to reduce that number to where it's now.

Government can't give money to people, you will only be putting the economy in more jeopardy than it was already. Rather, provide basic amenities and things people lack, cut down taxes on basic things and subsidies the ones necessary, that's what government is supposed to do and not print money to give people, it will only hurt everyone including the government later or sooner.

[DeathAngel]

Printing money & providing stimulus is not helpful because it drives inflation out of control. Look what happened after COVID money printing, we all get lumped with the costs of everything sky rocketing. Money printing & stimulus is a terrible thing.

[Akbarkoe]

Indeed, many challenges are being faced by the world, and crypto can be one way to deal with economic uncertainty. But we should keep in mind that while such a way as crypto is may offer potential gains, it's not a panacea in terms of the stabilization of the situation that has developed in the global economy.

Encouraging more individuals to stay at home and pursue cryptocurrency investments only could have an impact on sectors vital such as jobs, food production. Also, unlimited printing money to support crypto investments can make inflation even worse not only in the US but globally hence more economic and social instability.

Although crypto is vital for the future economy, balance has to be struck with the current system. Governments have to come up with more sustainable and responsible solutions that will not only encourage crypto innovation but also protect global economic stability. In the end, we should be focused on creating a more stable and sustainable world for all, and not on cashing in as fast as we can.

[Fortify]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.
I know it's not well and sustained economic way but i don't care becouse world is all ready messed up too late to fix anything.
Those who working and got jobs let them just keep up everything so we have food necessary services so most people we can just focus on staying home and trading crypto and invest in crypto.
Also If less people working then less traffic and it save envoirement and nature also.
let's just earn with crypto more people come into crypto space more money coming in but stimulus money need to be somehow.
And If it's problem for USA to print money then they can find few big countries wich large enough to take all the usa inflation burden of money printing ...or let the usa make bundle of the countries who will take usa inflation.
Nothing else matters the system is done all ready and messed up now lets focus on just earning with cryptocurrency but for that people need easy money hardly people invest their hard earned money so goverments need to find the ways to keep people in homes and they trading cryptocurrency.
Then we the Western countries together will choose few other countries in where we will send our dollar inflation so we can print money and do the stimulus.

You have a bizarre concept of how the world works. The government does not exist to hand out free money and if it did it would undermine the value of everyones money, making it worth less in trade. It is how countries like Zimbabwe ended up in hyper inflation, because of poor governance and poor policies with the government trying to buy votes. An economy is strong when it is producing a lot, can sustain an economy internally and has a lot of trust in it's institutions. The government should offer a safety net for when people lose their jobs, because industries do change over time and sometimes people don't have the means to save. It should also support people with disabilities to have a reasonable quality of life if they are unable to work and even low income families who are having children that will create the future generations of productive workers, that is the extent of it.

[Stepstowealth]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.

Even if free money was issued out to every citizen in a country it still will not be enough to elevate the poverty in the country because not everybody will make the correct choice of trying to multiply that money by investing, and most people will spend it on temporary wants. When someone does not work for money and just receives money without any real effort, that money  is usually very difficult to manage. The person ma even enter into more debt.

[WillyAp]

Printing money & providing stimulus is not helpful because it drives inflation out of control. Look what happened after COVID money printing, we all get lumped with the costs of everything sky rocketing. Money printing & stimulus is a terrible thing.

Inflation is a firm part in all systems.
So you believe people best starve so there no inflation?
It was a smart move and the inflation was a small price to pay.
If I gave you 5k and you loose 500 due to inflation you still had 4500.
So luckily 4 us you are not in charge. 

[AYOBA]

I hope biden and trump both will do that.
Not only in USA but UK europe need to do same thing.
And If people stay more home and invest money in crypto.
I know it's not well and sustained economic way but i don't care becouse world is all ready messed up too late to fix anything.

Is possible in the severals of country that their government is doing very well with them by sharing the money to individuals peoples, but not this our country that has corrupt with bad governance since the cause of living wants to kill the living, their is not way that government can consider people in the country in this same situation that governments put on the country currently now.

Those who working and got jobs let them just keep up everything so we have food necessary services so most people we can just focus on staying home and trading crypto and invest in crypto.
Also If less people working then less traffic and it save envoirement and nature also.
let's just earn with crypto more people come into crypto space more money coming in but stimulus money need to be somehow.

The crypto trading has becoming a world wide because it has helped a lot of youths that are lack of jobs in the country they can earn their money by using their phone and laptops in their room without going out of their homes and also save the life of people and it’s reducing cream in the community.

[uneng]

You want to watch the circus catching fire. It's indeed a way to answer the chaos with more chaos until there is nothing left and I can understand people who think like this, because they are hopeless about any improvements regards economy and society, as only lies have been told so far by authorities and people in power positions along the decades. Too much was promised and too little was delivered by those who claim to be taking care the world and its people.

However, to seek for chaos won't bring any good to you. Instead of expecting the worst, try doing the best in your daily life, avoiding negative talks and matters which won't take you anywhere, like politics and another subjects which depend on the masses and groups to happen. Do what you can in your individual life and you will feel better once you start achieving some nice personal conquests.

The rest is the rest, and it's out of your control. So don't suffer for that.

[Moreno233]

It all depends on the type of government being practiced in that country but I know that this idea is not sustainable and will lead to unprecedented inflation with people getting lazier and poorer everyday. Instead of government to give more money to people, I think rolling out programs and policies that will help people fend for themselves will be better for the people and strengthen the economy more. This is the primary responsibility of government and not to be spoon feeding the people into poverty.

[JeffBrad12]

I'm better thinking off government giving more and more stimulus to the small business that way the money will circulate into the society and not just getting hoarded by the big company.
handing out money to some random people will just ended up in a bad hand, might as well handing out money where it actually matter such as small business.

but it's still a temporary solution that could bring disaster in the long term, printing money recklessly is never the solution, when people figure out that if there's too much money it become less in value, the price will soar so high there will be crisis I guess.

[Dr.Osh]

I quite agree that the current system is quite chaotic. However, I think, this will create lazy thinking. Let people work according to their portion. Investment is necessary, but it all needs to start with work. Unconsciously, the current system, current technological developments, are due to people working hard. Apart from that, not everyone is paid by the government, but many people also work for private companies. However, I hope the government can help its people get education, assistance and a decent income. However, we also need to work hard with our own efforts to achieve this.

[Fiatless]

Printing money & providing stimulus is not helpful because it drives inflation out of control. Look what happened after COVID money printing, we all get lumped with the costs of everything sky rocketing. Money printing & stimulus is a terrible thing.

The government can give money to the people in the form of stimulus checks or subsidies, but it shouldn't for a long time. COVID-19 brought so much hardship to the world that many people were unable to provide their basic needs due to unemployment. And from statistics, most of the money given to people was used for basic needs. It was reported that the stimulus check increased inflation by about 2.6% but it was worth the risk.



Application of this strategy recommended in this thread at this time will destroy the economy. If the government gives people free money in this present economic condition, it might lead to hyperinflation. People will also prefer to be unemployed since the government will support them. Some will even prefer to spend the money on pleasures or wants.

The global economy is facing some problems, but the solution is not printing money but encouraging small businesses to be more productive. The government should make policies to reduce the influence of monopolies that most big businesses have in certain industries. Small businesses need to be given the advantage so that they can create more jobs. Even the crypto industry needs investment. Without people investing their savings in the crypto industry, it will not grow.  

[NotATether]

You are basically asking for stimulus checks all over again.

That's not going to help anything, people will just spend them on consumer items, whereas employers will suffer because nobody will work a job anymore when they can just get money for free. Which means less of the product is created and in turn that means higher prices for the consumer, causing inflation. And of course the money printing involved in all these leads to even more inflation.

[Dave1]

Lol, what you are asking is like a fantasy. I'm sorry to burst the bubble but it won't happen, not now and not in the future. It government will give people the money then what will happen to their population? They will all depend on the government and so it will just trigger the worst recession and not even printing more money will solved this.

That's why it's a bad idea, there are enough money to go in a certain country, but perhaps it is just concentrated on a few. Or there is not really enough job for everyone so that the whole population will have to earn money thru public and private corporations. We have seen this to some European countries though, the percentage of their population who doesn't have jobs is very low and that's why their economy is prospering.

[Chilwell]

Printing money & providing stimulus is not helpful because it drives inflation out of control. Look what happened after COVID money printing, we all get lumped with the costs of everything sky rocketing. Money printing & stimulus is a terrible thing.

I once asked my father about money printing but he told me that will not help matters because it will make things worse which I asked further to know why, he then said when money is printed over it causes inflation which he gave me the example of Zimbabwe who had suffered it in the past to the extent of not making use of their currency again because it has lose value.

In 2008, hyperinflation peaked at staggering levels, causing the Zimbabwe dollar to lose its value and the government to abandon it in 2009. Since then, the US dollar and other foreign currencies have been widely-used throughout the economy.

It remains to be seen whether the new ZiG can gain the confidence of the public and become a stable local currency, which would allow officials to regain control over monetary policy.

Source link: https://www.weforum.org/agenda/2024/05/zimbabwe-zig-new-currency-inflation-dollar/#:~:text=In%202008%2C%20hyperinflation%20peaked%20at,widely%2Dused%20throughout%20the%20economy.