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Quite often, especially if you don't know how to manage it or deal with taxes.

But it does solve problems that poverty brings.

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What happens when the government increases the money supply?

There several things that happen when the government increases the money supply. This may cause inflation as there will be more money in the market than goods.


What is the Keynesian approach to preventing and solving economic problems in a developed country?

Keynesian economics operates on one principal. Should a country run into economic problems, print money. When additional economic problems arise, rinse and repeat, until the printing of money leads to a debt crisis. Upon which, print even more money, causing the country's currency to collapse. When the citizens revolt, blame capitalism, even if it does not exist in said country. The above anwer is really pointing out whats called 'quantitive Easing'. Printing more money de values a currency.It can work but its a dodgy line to be following.It can lead to hyper inflation & total collapse of a Countries economy.Normally the greedy bankers cause the big problem along with peoples masterialism & getting into debt.


What happen if a country prints more money and put it into circulation?

That will cause inflation. I.e increase in general price of commodities in the market


In what respect has the government adopted a broader perspective of economic problems than did JP Morgan?

A much wider perspective, more money back to a wider variety of businesses.


Why can't banks just create money at will so that all people will have what they need?

If banks produce more money to suit everyone's needs, something called inflation occurs. Inflation will cause the purchasing power of money to decrease, that is, a loss of value of money. The money will be worth less to account for the extra money.

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