Can problem of scarcity be solved by printing more money?
No. Scarcity is the quintessence of economic though. Scarcity can NEVER be eliminated. Even if there was more money in circulation, this would create inflation, only raising prices. Scarcity is the very reason why we have an economic science. If scarcity was eliminated, we wouldn’t even have to worry about economy, since everyone could get as plenty of everything as everybody wanted.
