Hello everyone,
I want to bring to fore some things that I do not quite understand about "MONEY".
These may look like a joke but it isn't. I am very serious.


We all know MONEY to be what you earn as a reward for doing work. We also know that each country MINTS her official currencies.
Now to my questions:
1. What is the real origin of money?
2. Why do countries go broke eventhough they mint their money themselves?
3. Why do we have d rich nd d poor when d country should av just minted enough for all to spend
4. Why ís Nigeria borrowing from U.S.A and d likes?
5. Why does U.S.A av to help lots of countries out of financial jinx?
6. where does U.S.A get her own abundant wealth from?
7. I knw U.S.A sell stuffs like ammunitions and render services to other countries tò get money but where did they get money to build refineries, artilleries, companies e.t.c?
8. When Nigeria switched from trade by batter to currencies, where did they get money to purchase minting machines to mint naira? (SAME WITH D U.S AND OTHER NATIONS).


D list can go on but I like to stop here.
I would have asked the "SOLOMON OF OUR TIME" but I bliv Nairalanders can do justice to this.

Pls mods, do d needful. I really need answers.
Cc lalasticlala
Ishilove

Pls mods make this a FP stuff ASAP. Me too wan learn.Thks. FTC. I dedicate it to operation zaman dole

Why Money dey enter slowly, dey leave quickly

Oya nah...

waiting for answers for the above questions

Google about INTERNATIONAL TRADE and the policies that govern it. All countries have trade balance with World bank. I really can't say much, just Google INTERNATIONAL TRADE if you wish to know.

OCTAVO:
Google about INTERNATIONAL TRADE and the policies that govern it. All countries have trade balance with World bank. I really can't say much, just Google INTERNATIONAL TRADE if you wish to know.

Read that. Doesn't explain well enough. Why do we have world bank?

For those that also want this topic to make front page, mention d mods. lalasticlala

profsomebody:
Read that. Doesn't explain well enough. Why do we have world bank?

Lolzzzzzz, you couldn't have finished reading by now. That's a course on its own.
http://internationalecon.com/Trade/T-toc.php
To answer your question, we have World bank because of international trade.

Gud question.why can't each country print monies peculiar to them in abundance to satisfy n needs of her country or autonomy given to states to print money acceptable as laissez-faire within d region since money is anything generally accepted for buying n selling of goods n services.mods pls

Any Economics in the house to simplify the answers.