This website uses cookies to ensure you have the best experience. Learn more

Balancing Money And The Economy Essay

1411 words - 6 pages

The nature and necessity of money is one singular fact that responds to every thing in nature. It holds together the very essence of our beloved intricate nature, every local, regional or international issue of any significance could have been handled differently could there have been more or less of this money. The money factor has taken the centre stage of every heart beat of each and every agenda and it predetermines and dictates our very existence. Our relationships with most of what we seek identity with, whether object or human, is best defined by our relationship with this paper currency. The geographical positions and the variations in the environmental factors that surround us could have been shaped by that instant that we lacked or had extra of this very money. As we speak now multitudes of people are; on train headed to their offices or businesses, tilling their farms, relaxing in a beach or headed to the moon, all of this people could be elsewhere doing extremely different things if only they had lacked or if their could have afforded extra of this money. So what is this monster that we so much adore, though we all don’t want to?
Want or need?
Every country that has a population will always tie the foot of every productive citizen to make sure they return back to submit part of their earnings, they would in turn invest this to circular regional or international trades to earn interest. Whoever wants money must give out part of what he has and failure to do that is simply unforgivable and will lead to the person getting nothing in return. Those who give more would receive more in paid out interests, but for those who give nothing will as well have nothing in return to give and to receive, this creates a cyclic effect where the rich become richer and the poor end up dying desperate. The rich at times may device ways and means to ensure that they don’t loose their position in the world of the abundance by suppressing the poor using their vast resources. They close the poor in cages of dependence where they dish help in piecemeal that is properly crafted to ensure that it cannot lift them from their abject poverty but it will maintain them alive to keep on worshiping the giver. Those individual and countries that trades with higher interest on the money they have borrowed will attract more money into their bosoms as everyone runs away from those unwilling to be generous. The extra coins in the country will encourage many investors to put their money in fixed assets such as land hence increase the prices of such assets, a fact that will put them far away from the reach of those with insufficient of this money. Business blossoms in such circumstances forcing more and more people to keep on borrowing.
Excessive want of money in a given country significantly affects the products of trade in that country by lowering its money value. This is because it reduces the demand of such trade products and in such a case the price of land would be...

Find Another Essay On Balancing Money and the Economy

Immigration And The Economy Essay

1665 words - 7 pages Canada is a special country, and one major aspect of Canada is its diversity. This is due to immigration, which helps and hurts Canada in many ways. Immigration creates jobs or takes them away? Immigration brings money into the economy or depletes money due to social services? These are some points being discussed throughout this essay. Many people are against immigration, while others are for immigration. This essay states the positive and

Hamilton And The Economy Essay

1435 words - 6 pages raising money to meet the obligation of Assumption, he resorted to direct taxation as little as possible, and made luxuries bear the burden” (Bowers 20). Hamilton preferred taxing luxuries that only the rich could afford instead of merely taxing the entire population equally. Part of Hamilton’s vision was to have a very commercial economy. He did not want taxation to discourage business growth, and made great efforts to make excise inspection non

The Economy and Culture

1210 words - 5 pages romanticized by those in the east looking to break away from the life that they always knew. This new westward expansion would also change the economy and the culture of the newly formed republic. President Thomas Jefferson looked to the west from his desk and in his mind but it was his protégé Meriwether Lewis who shared similar background, both being men of Virginia and having a natural curiosity about them. Lewis also recruited William Clark to

The Economy and Families

1010 words - 5 pages After the recession following the 9/11 attacks, the United States appeared to be enjoying a period of prosperity. Home values were rising and interest rates were radiatively low. Unemployment was below 5 %. However, there were sounds rippling that those were mainly low paying jobs being created during this period. During the late summer of the 2008 presidential election, John McCain declared that the fundamentals of the economy were sound

Corporations and the economy

1427 words - 6 pages Corporations and the Economy      Economics is a very broad yet complex subject. Sometimes, in order to get a better view of the picture as a whole, it is useful to make an up-close and in-depth analysis of the elements which make up an economy. Examining the details of this topic can offer a revealing look into what composes a complex society such as that of America. Two very basic elements to be reviewed are

Inflation and the Economy

7838 words - 31 pages Only fiched copies are left now. 2. 4 papers on Financing the Workers Party and denationalizing and reprivatizing the economy at the same time, 48pp. By John Zube. 3. Peace Plans No. 1l, reprinting in full: Ulrich von Beckerath's "Compensation Money and Public Insurance" - with monetary freedom comments, 112 pp. His other 2 monetary freedom books are available only on microfilm: PP 9&10. 4. "Stop the Legal Tender Crime", 48 pp

The Economy and SUVs

702 words - 3 pages - nearly half of the toxic air pollution and more than a quarter of the greenhouse gases traceable to household consumption. Over time, however, sales of trucks, vans and SUV's went from 16% market share to over 50%. One big auto manufacturer even shelved their work of the last three years, spent updating their most popular selling economy car, so they could spend the money getting SUVs to market faster. Many people buy SUVs for safety purposes

Banking and the Economy

1928 words - 8 pages faster payments possible. Money can be deducted from a chip without on-line authorization. This makes for a two-second transaction versus an up-to-two-minutes one, and telecommunications costs are saved (Lunt, P., ABA Banking Journal, September 1995, p.46).We can plainly see that there are many factors having great importance, when dealing with the economy. There are many things we must take into consideration in order to make any kind of an informed

Brazil and the Global Economy

1804 words - 7 pages country's economic development with the global economy while still maintaining its rate of economic growth. Europe in particular welcomes Brazil as an export oriented powerhouse and a potential economic superpower into the global economy. Elimination of poverty remains a priority of the Brazilian government, which is currently facing the challenge of balancing its aggressive export strategy with policies that protect Brazil's natural environment and

Internet Law And The Economy

1379 words - 6 pages economy. Companies will spend millions in securities and ways to keep their positions secure. Governments also will spend a vast amount of time money and resources to ensure our safety. The FBI estimates that cyber-crimes cost about $400 billion in 2004 (CCRC staff, 2005). Break-ins of new kinds are emerging with dire consequences. Senator Patrick Leahy sites that the Defense Department may have experienced as many as 250,000 hacker hits in

The Economy and Presidential Elections

978 words - 4 pages party ID. The Economy is one of the biggest fundamental factors that determines the outcome of any presidential election.(12) It’s also one of the factors the president doesn't have much control over. One way we determine how well a country's economy is doing is a measurement called Gross Domestic Product(GDP). GDP is basically the money our country makes from goods and services produced over a specific period of time. Research strongly suggests

Similar Essays

Congress And The Presidency: A Balancing Act

1803 words - 7 pages , signing statement, and executive orders give the President enough power to affect policy in addition to introducing policy, working with (and sometimes against) Congress, and having a larger impact on the legislative agenda and process (Lecture: Executive Orders, 2013; Lecture: Signing Statements, 2013). The Power of the Purse In a very large and expensive government such as the United States, money and funding for policy is always a point of

The Role Of Money In The U.S. Economy

2453 words - 10 pages The Role of Money in the U.S. Economy If you ask the average person what money is, you are undoubtedly going to receive some very strange looks. Money is a concept that many people take for granted. We know that money allows us to acquire goods and services, but what is its source of value? Money is paper, which is for all practical purposes; no different than the paper this text is written on. How then would anyone in his or her right mind

The Negative Effects Of An Economy Starving For More Money

1169 words - 5 pages results in a higher debt. If the loan that the bank hands out is not able to be paid back by the customer the bank will place an even higher interest rate so they will not lose money of the deal. If the economy can not keep up with the debt then the people will suffer. If debt is what the money system needs then there will never be a time where people are not chasing after it. If a person receives a loan they are obligated to pay it back and in

The Economy And Unemployment Essay

698 words - 3 pages and that leads to an increase on unemployment levels. A given fact would be that when the economy falls people get laid off regardless of one's professional knowledge and or background.With unemployment rising by 2.5% just in this year, every person has been affected by unemployment; even I. Unemployment does not discriminate, it does not care if an individual is about to lose his or her house or if one needs money to get medicine for a sick