Friday, April 17, 2015

Ted Talk on "We need money for aids. So lets print it."

                                                 




summary
This Ted talk is about how money can be printed to save children and
such. Even though the people who were in the range of making 1.25 has
shrunken down by 50%. His point is that if the central bank of The United
States, United Kingdom, and Japan created 3.7 Trillion to by things that
they need for their countries, so The presenter wonders, what we can
print money to help with poverty, without inflation. He thinks that if they
can just have a few bits of money from The central banks, they could all
stop poverty. He also brings up her daughter, and giving a little example
of the daughter seeing a poor man, and when they went into a coffee
shop (Or such) she drew money to give to the poor man, and her father
asked, “what are you doing?” She says “I’m making money for the poor
man outside.” Then he said “You can’t do that”. Dumbfounded The
daughter replied, “Why not?”. and he said “....”

My opinion
I feel like this is a great idea and that they should get money from banks.
If the three banks from the different countries could do it for supplies, why
can’t people use it against poverty? I really enjoy how he brings up the
examples of his daughter, and saying that if we could take a little money
to get rid of poverty, it would help out. I understand what this person
wants to do, and I am full on with him. Thank you for reading my opinion.

"We Need Money for Aid. So Let's Print It." Michael Metcalfe:. N.p., n.d. Web. 17 Apr. 2015.

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