Printing More Money: See What Happened In Somalia

It is always very difficult trying to enlighten people on why printing more money to augment financial deficit I not a good option. Some, especially those who don't understand the principles of economics wonder why money should not be printing if the government needs it so badly. The resort to printing makes money lose its value, making it look more like any other paper which culminates into high depth of poverty, unemployment, hunger and penury, and eventually results in economic depression. It has crumbed so many economies and Somalia is a popular case. The attached photos gives an illustration of what happened to Somalia.

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