Money can be a very useful tool. . Money can be used to fight poverty and generate wealth. Money by itself, however, will not eliminate poverty. . This handout focusses on the first. . We can not just print more money.
Inflation simply means that the costs of things goes up. .
We can not just hand out money to poor people. So, first let us understand the nature of wealth. If we look at the economist's definition of wealth, we will come closer to seeing how it will be used in the fight against poverty. The key concept, here, is value . That additional value is the wealth that is generated.