Fullbear2222 (OP)
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August 27, 2024, 04:07:42 PM |
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it's all simple, if the country lacks money and has financial problems, then somewhere there is too much money, if somewhere someone has more money than he needs, then he has too much, and that's where the money is that's missing.
Money does not just disapeare....it will change the location and when someone has surplus then there we go there is the missing money. Everybody work everyday and produce with maximum skills they have If goverment don't have still money while most people working like grazy long days then it means someone got extra more then should be.
I understood that some financial instutions has money it's not in the ceo of that instutions pockets but in the business and that money is used not for just 1-2 people but those funds are used on markets for common good and for liquitity for the markets.
That's why on large scale the money is our own mutual thing that's why the goverments taking very seriously together with law endorcement to track money because If large amount of money Leave country then it's the big issue.
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Yatsan
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August 31, 2024, 12:52:08 PM |
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it's all simple, if the country lacks money and has financial problems, then somewhere there is too much money, if somewhere someone has more money than he needs, then he has too much, and that's where the money is that's missing.
Money does not just disapeare....it will change the location and when someone has surplus then there we go there is the missing money. Everybody work everyday and produce with maximum skills they have If goverment don't have still money while most people working like grazy long days then it means someone got extra more then should be.
I understood that some financial instutions has money it's not in the ceo of that instutions pockets but in the business and that money is used not for just 1-2 people but those funds are used on markets for common good and for liquitity for the markets.
That's why on large scale the money is our own mutual thing that's why the goverments taking very seriously together with law endorcement to track money because If large amount of money Leave country then it's the big issue.
If i understand correctly money flows and concentrates in one area, creating disproportions in the distribution of that money. If a country's citizens are working hard and the country is still going through a recession, then that means all the money is concentrated in the hands of a few and the general economy is having a difficult time. The money doesn't disappear; it's rather redistributed and often concentrated in particular areas or by an individual who may have more than he needs. Many funds are managed by financial institutions; this is, however, usually done for general economic needs like market capitalization and stimulation of the economy rather than essentially for self-wealth generation. Large flows of capital, however, are monitored worldwide by governments and regulators against predicaments like tax evasion or financial instability since large capital flow can wreak havoc on a country's economy. This finding pinpoints a very valid association of income with financial health and brings into focus the aspect of equitability of distribution and financial management.
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pooya87
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August 31, 2024, 02:06:12 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
As for money leaving the country, I have to say we are living in a free world. People, financial instructions, etc. have to be free to take their money anywhere they like. If the government is supposed to get into it and start forcing them to do things they dictate (like what the US regime has been doing to BlackRock, MSCI and a lot of others) then it will turn into an authoritarian regime.
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Stepstowealth
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August 31, 2024, 02:30:05 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship.
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pooya87
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August 31, 2024, 04:11:31 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. Unfortunately things are like this everywhere and I don't think it is always only because of corruption. They just don't know any other method, so they choose the easiest way which is to print money, raise taxes, etc. Look at United States. It is currently the biggest money printing machine in the world because they have the biggest deficit. I has also been the same in my country as far as I can remember. However I should mention that the last government we had made significant changes. They cut costs and could manage to decrease that deficit greatly which helped tame our inflation. In fact the reason why I said the bold part above is because I've seen it work and this approach has had great success.
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Renampun
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August 31, 2024, 04:27:29 PM |
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Financial problems in a country are quite complex and cannot be solved with just a simple solution. If financial problems were very easy to solve, then now we would not see countries going bankrupt because of financial problems, because financial problems are quite complex and not all countries are able to overcome them, but I agree that when money leaves the country in large quantities, it is a big problem, and the government needs to address it.
my own country uses a tax amnesty and money tracking system with a task force that works to track down tycoons who keep their money abroad and then bring it back to our country. this method is quite successful and the government has managed to get more money from taxes on these funds.
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Obim34
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August 31, 2024, 07:16:17 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. On a normal terms politicians do not earn alot, a normal large business owner can possibly do better than a politician but they now diverted into money laundering, creating fake budgets and misuse of funds allocated to maintain the public needs. In this case I believe we are aswell not just talking about the printed money alone both the ones we have deposited in banks, if only the banks can deligently review how much held by this politicians from every of their different banks then we know the government already blindfolded us from understanding the extent of their smuggling, to some extent most politicians have hugely printed money stacked somewhere in their houses, we see scarcity of money whereas one person has just enough to dilute the needs.
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Stepstowealth
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August 31, 2024, 07:23:04 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. Unfortunately things are like this everywhere and I don't think it is always only because of corruption. They just don't know any other method, so they choose the easiest way which is to print money, raise taxes, etc Cutting cost should not be so difficult to figure out because I believe there are many number of professionals in their cabinet who should know it as the number one option. For some countries like mine, printing money is not the easiest solution because they do not have the technology and will have to spend some money to print more money, so their number solution for deficits is to seek loans, one of the reasons why my countries debt has increased so much.
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Oluwa-btc
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September 01, 2024, 05:35:15 AM |
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it's all simple, if the country lacks money and has financial problems, then somewhere there is too much money, if somewhere someone has more money than he needs, then he has too much, and that's where the money is that's missing.
The problem of a government is not money but every thing is centered on it why because, it is one Factor that is used to solve the problem of government of a country and solving this said problems are accompanied by alot of factors . Mainly when the country lacks money, they tend to print out more money, loan from other countries and so on. But inorder to solve or reduce this menace of financial problems it definitely depends on the government and printing more money, collecting taxes are not an avenue to generate finance to solve the issues, what's majorly the problem is the government and who comprises of it, the leaders they are the ones responsible for this hardship in the country. Imagine saying no money in the country but somewhere else a politician had enriched himself from the government revenue and all that meanwhile the country has all gone bad.
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Yucky
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September 01, 2024, 11:43:04 AM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. On a normal terms politicians do not earn alot, a normal large business owner can possibly do better than a politician but they now diverted into money laundering, creating fake budgets and misuse of funds allocated to maintain the public needs. In this case I believe we are aswell not just talking about the printed money alone both the ones we have deposited in banks, if only the banks can deligently review how much held by this politicians from every of their different banks then we know the government already blindfolded us from understanding the extent of their smuggling, to some extent most politicians have hugely printed money stacked somewhere in their houses, we see scarcity of money whereas one person has just enough to dilute the needs. what a senators earns in a month minus his allowance and the allocation for his constituency projects is nothing less than 10x of what the average civil servants earns in a year. That's not to talk of the amount they're exposed to and the ones that comes into Thier offices that they can embezzle. The difference between the top class and the less previledged or the lower class of people in the society is so broad and that's one of the root cause of the financial crisis we've always hard. If the salary structure of these government office holders is reduced and that of the regular day to day worker is increased a bit just so the whole system can become a bit moderate, we won't see people getting too frustrated and loosing hope in the countries financial system. We know that based on the different class of individuals in the society and the offices they occupy, there pay would never be the same and that's quite understandable but when the difference is quite outrageous such that in the same society some people can't boost of a salary of $50 every month and others who aren't doing anything different are being paid $500 to $1k a month it becomes too unfair.
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WillyAp
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Looking for guilt best look first into a mirror
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September 01, 2024, 03:00:10 PM |
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One post about how countries should be run, the next post about homelessness. A guide to people having no authority in any topic or how not to build a reputation.
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coin-investor
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September 01, 2024, 04:43:56 PM |
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Money does not just disapeare....it will change the location and when someone has surplus then there we go there is the missing money. Everybody work everyday and produce with maximum skills they have If goverment don't have still money while most people working like grazy long days then it means someone got extra more then should be.
Our country has a law against hoarding money, especially coins; it should be circulated. The government cannot monitor all the money once it creates it and releases it to the public; they cannot stop people from doing what they do with their money except hoarding it and taking it abroad. The best way for the government to solve financial problems is to increase its exports, minimize importation, and be sustainable so it will not have to buy too many materials for the country's needs that will deplete its reserves like if you have a vast lands help the farmers to produce more rice so it will not have to import rice, that's exactly what happens to my country, our country's reserves is being use to import rice when we have vast lands for rice plantation, this happens because the customs is making a lot of money from importation.
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uneng
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September 01, 2024, 07:44:23 PM |
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That's why on large scale the money is our own mutual thing that's why the goverments taking very seriously together with law endorcement to track money because If large amount of money Leave country then it's the big issue.
Are you talking about money laundering and tax evasion? And is the easy solution to track this money and seize it to the public vaults? It's easier said than done, because these are practices happening since a long time ago with partial consent of authorities. If governments adopt harsh tax policies against wealthy individuals, they will just move their money to a more friendly country where such taxes don't exist. Then it's the tax haven country which is going to be benefited by the wealth of the individual, and not his original country. Governments should encourage entrepreneurship, education and technological development, instead of taxing their citizens. Taxes don't motivate anyone to do anything, it's quite the opposite. The more taxes we pay, more discouraged we feel, because it means doesn't matter how much effort you do, it's never enough to thrive, because the government is eating a big slice of your cake. Money laundering from criminal activities is a big issue, but solely tax evasion is self-defence against the government in many cases.
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Unknown Op
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September 02, 2024, 04:32:38 AM |
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it's all simple, if the country lacks money and has financial problems, then somewhere there is too much money, if somewhere someone has more money than he needs, then he has too much, and that's where the money is that's missing.
Money does not just disapeare....it will change the location and when someone has surplus then there we go there is the missing money. Everybody work everyday and produce with maximum skills they have If goverment don't have still money while most people working like grazy long days then it means someone got extra more then should be.
I understood that some financial instutions has money it's not in the ceo of that instutions pockets but in the business and that money is used not for just 1-2 people but those funds are used on markets for common good and for liquitity for the markets.
That's why on large scale the money is our own mutual thing that's why the goverments taking very seriously together with law endorcement to track money because If large amount of money Leave country then it's the big issue.
Our country is in debt and our politicians are taking debt from IMF and they bought assets in foreign countries and they did corruption ang that's why our country is facing inflation. Inflation in my country is due to our government, people did not choose them and they are dictators . Every government should take steps for poor people because poor people want only relief in food items . If Government will give relief to them , mostly people will vote to that government and also government should work with businessmans and they should give relief to International traders and if government will give relief to traders they will open more businesses in that country and more more people will get jobs and poor people will be less and rich people will be more.
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Tigerheart3026
Full Member
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September 02, 2024, 01:55:52 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. the government of my country is moving in almost the same way, government think that there is no other way to deal with economic crisis of the country, so they continuously printing money and increased taxes in every sector, because the government has a foreign loan is 129,000 crore currently, mostly politicians are corrupted, they don't care about country's economic condition is good or bad, they money laundering in abroad.
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mirakal
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 02, 2024, 02:05:09 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. Yes, they don’t care about budget deficits because they surely know where does the money go, it’s been corrupted by them for sure. Although there are still few left that are genuine in their government positions, but when it comes to corruption, I guess all politicians are corrupt in nature. It only matters on how much others have stolen from the government, but surely those politicians who have been serving longer in the government, the more corrupt they are. You will see it in their own properties and assets owned, although some uses others names to act as owners of their own assets or properties.
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imamusma
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September 02, 2024, 05:23:46 PM |
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Usually the problems you have in mind is not about the country lacking money, it is a bout the government lacking money. It is called budget deficit which they try to cover by increasing taxes, printing more money, etc. The solution is not this but a much simpler thing. The government has to cut its costs and by reducing that they can close the gap.
Some governments like the one in my country would rather increase taxes and print more money, and demand loans from other countries or financial bodies than cut their cost. In my country for instance, were politicians are earning ridiculous amount of money, it has remained their motivation to remain in power. Politicians here do not care about budget deficits, they know the solution and ways to solve financial problems, but because of corruption and focus on personal gains they ignore it. The citizens are the ones who suffer the economic hardship. Yes, they don’t care about budget deficits because they surely know where does the money go, it’s been corrupted by them for sure. Although there are still few left that are genuine in their government positions, but when it comes to corruption, I guess all politicians are corrupt in nature. It only matters on how much others have stolen from the government, but surely those politicians who have been serving longer in the government, the more corrupt they are. You will see it in their own properties and assets owned, although some uses others names to act as owners of their own assets or properties. In my opinion, the picture of the financial situation in a country reflects the nature of the politicians in that country, they are all representatives of the people who have the authority to manage the country. When they prioritize their personal and group interests, then the interests of the people as a whole will be neglected, that's for sure. In every country, there are many economic experts who have the understanding and ability to overcome various financial problems of the country, but they do not have the authority and politicians do not want it. That is what happens in many countries, especially in developing countries. We realize that there is no ideal system for running a government, in my opinion everything depends on the leader, of course the leader in question is a politician. When they spend a lot of capital to win the election, then in their minds they are withdrawing the capital back, then thinking about the benefits of their position. Meanwhile, even a country that is rich in natural resources, if its leader is corrupt, will be far behind, of course the people will suffer the most in the end.
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