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A question from my son about poverty

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Driving home from football the other day my son asked me this, why doesn't the government/banks print more money so there is no poor or homeless people?

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Bless im, if they did the costs of everything would increase and still leave people in a crap situation as they are now. Or worse.

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The government can print money if they want.

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Driving home from football the other day my son asked me this, why doesn't the government/banks print more money so there is no poor or homeless people?

 

Because that devalues the rest of the money that everyone else has.

And if society is going to give money to people, then everyone is going to want some.

 

They do however provide benefits, so there is no absolute poverty in the UK.

 

Homelessness is mostly unrelated to benefits or cash though, it's a symptom of other problems and can't be solved by giving away cash or council houses.

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Driving home from football the other day my son asked me this, why doesn't the government/banks print more money so there is no poor or homeless people?

 

What was your answer?

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What was your answer?

 

He took the hint and raised the lads pocket money :hihi:

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I said ask your mother :-/

 

HaHaHaHa .....always a safe bet :D

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Yes we went through the whole family ;), questions like that do make you think.

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Because that devalues the rest of the money that everyone else has.

And if society is going to give money to people, then everyone is going to want some.

 

They do however provide benefits, so there is no absolute poverty in the UK.

 

Homelessness is mostly unrelated to benefits or cash though, it's a symptom of other problems and can't be solved by giving away cash or council houses.

 

Are you being silly? Import cost will go though the roof, we will be a third world country who cant afford to import any food or goods

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