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Scarcity as an important factor of money.
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[QUOTE="Ithedicious, post: 262834, member: 73248"] People that understand economy will understand that scarcity of money will not in any way have any negative effect except it is too much , but when there is surplus and abundant money everywhere it will definitely increase and leads to inflation which will affect the economy of such country negatively and in most cases it is always better to prevent inflation because it will damage so many things and the smooth running of the economy. That is one of the reasons why the Central Bank of every countries cannot print money even when they country is not doing well financially. The scarcity of money create demands and when people demand for money it will help improve the economy because people will be willing to work to earn money. So for me I do not see it as anything bad if money is scarce and the duty of every Central Bank of each countries is to control the circulation of money. [/QUOTE]
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Scarcity as an important factor of money.
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