Ruffy
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You got it all wrong from the start, which could cause you to think like this. Money owned is different from Power and Accessibility. Countries may have the Power but lack the Accessibility. Take banks for instance, they might have access to a rich man's money, but without his permission in terms of loan or other investments, they do not have the authority to use it. That is how the economics and finances of nations also work. You might believe they can print money as they like, but there are procedures, the money must first be theirs and the policies on ground must be able to accommodate it before they print it. If not, they will also print the country into troubles of inflation, unemployment and other economic uncertainties. If you take note, two key points are there: The country's asset and Policy. These two shapes the landscape in this discussion and no country can behave irrationally with them. You can't use the money you don't have as individual, the same is applicable to countries. That is why they borrow, they don't have it, or have enough. Even if they have the collateral, countries commitments sometimes make them overwhelmed and need to borrow.
You got it all wrong from the start, which could cause you to think like this. Money owned is different from Power and Accessibility. Countries may have the Power but lack the Accessibility. Take banks for instance, they might have access to a rich man's money, but without his permission in terms of loan or other investments, they do not have the authority to use it. That is how the economics and finances of nations also work. You might believe they can print money as they like, but there are procedures, the money must first be theirs and the policies on ground must be able to accommodate it before they print it. If not, they will also print the country into troubles of inflation, unemployment and other economic uncertainties. If you take note, two key points are there: The country's asset and Policy. These two shapes the landscape in this discussion and no country can behave irrationally with them. You can't use the money you don't have as individual, the same is applicable to countries. That is why they borrow, they don't have it, or have enough. Even if they have the collateral, countries commitments sometimes make them overwhelmed and need to borrow.
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aspx
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Sinalizar
como inapropriado
You got it all wrong from the start, which could cause you to think like this. Money owned is different from Power and Accessibility. Countries may have the Power but lack the Accessibility. Take banks for instance, they might have access to a rich man's money, but without his permission in terms of loan or other investments, they do not have the authority to use it. That is how the economics and finances of nations also work. You might believe they can print money as they like, but there are procedures, the money must first be theirs and the policies on ground must be able to accommodate it before they print it. If not, they will also print the country into troubles of inflation, unemployment and other economic uncertainties. If you take note, two key points are there: The country's asset and Policy. These two shapes the landscape in this discussion and no country can behave irrationally with them. You can't use the money you don't have as individual, the same is applicable to countries. That is why they borrow, they don't have it, or have enough. Even if they have the collateral, countries commitments sometimes make them overwhelmed and need to borrow.
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Leandrows
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You got it all wrong from the start, which could cause you to think like this. Money owned is different from Power and Accessibility. Countries may have the Power but lack the Accessibility. Take banks for instance, they might have access to a rich man's money, but without his permission in terms of loan or other investments, they do not have the authority to use it. That is how the economics and finances of nations also work. You might believe they can print money as they like, but there are procedures, the money must first be theirs and the policies on ground must be able to accommodate it before they print it. If not, they will also print the country into troubles of inflation, unemployment and other economic uncertainties. If you take note, two key points are there: The country's asset and Policy. These two shapes the landscape in this discussion and no country can behave irrationally with them. You can't use the money you don't have as individual, the same is applicable to countries. That is why they borrow, they don't have it, or have enough. Even if they have the collateral, countries commitments sometimes make them overwhelmed and need to borrow.
This review was marked as helpful
by 768 people
