Why not print UNLIMITED money? | FREE MONEY FOR EVERYBODY | Abhi and Niyu

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Why can't RBI / Government print extra money and give it to all of us? It will solve all of our problems, right?

In this video, we will understand the difference between wealth and money. Why giving extra cash can make people poor instead of making them rich. And take a glimpse into our future where robots will steal our jobs.

#money #universalbasicincome #freemoney #abhiandniyu

Find out how quickly your profession will be automated:
https://bbc.in/36diTc0

Learn more about Zimbabwe:
https://youtu.be/5Wq0yv73NpY

Learn more about Universal Basic Income:
https://youtu.be/kl39KHS07Xc

Definitions -
Hyperinflation: Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.

Source: https://www.investopedia.com/terms/h/hyperinflation.asp

Universal Basic Income: What Is Universal Basic Income (UBI)?
Universal basic income (UBI) is a government program in which every adult citizen receives a set amount of money on a regular basis. The goals of a basic income system are to alleviate poverty and replace other need-based social programs that potentially require greater bureaucratic involvement.

The idea of universal basic income has gained momentum in the U.S. as automation increasingly replaces workers in manufacturing and other sectors of the economy.

Source: https://www.investopedia.com/terms/b/basic-income.asp

00:00 MONEY MONEY MONEY
00:14 Why RBI can't print unlimited money?
00:50 Zimbabwe and hyperinflation
02:05 Money is not wealth
02:54 Robots will steal your jobs
03:48 Universal Basic Income
04:39 South Korea's experiment with free money
05:02 Conclusion

A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

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About Us:

Abhi and Niyu are a husband-wife content creator duo who started their journey with a purpose to make the internet positive and put positive news in front of people. Their series 100 Reasons to Love India brought out positive stories about India, India's changemakers, our history, culture and created an army of people who work to find solutions to everyday problems.

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