Questions tagged [money]

Questions related to the political aspect of money. Also consider the tag [currency].

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17
votes
3answers
2k views

Why was having a common currency in the EU seen as necessary?

When it was introduced, the € (Euro) was supposed to be the common currency for the entire EU, even if it turned out many countries (such as the UK) would stay in the EU without using the € currency, ...
9
votes
4answers
1k views

Barriers to a global currency

I am trying to figure out some clear points as to why there is no global currency. Not a world wide version of the EU, I am only focused on a common name/value for a single monetary unit. I know a ...
64
votes
13answers
11k views

How can the influence of wealthy individuals on democratic processes be reduced?

This question is inspired by the discussion about lobbyism and free speech. There are two fundamental ideas in modern democracies that seem to contradict each other, while both being so fundamental ...
3
votes
2answers
9k views

Why do politicians make so much money? [closed]

Senators, ministers, presidents, .... all these people earn a lot of money, and not just during their work: when the president of the US leaves office, they will receive about 200.000 dollars annually ...
1
vote
2answers
6k views

How do governments stop hyperinflation?

After reading this, I wonder "How can a government stop hyperinflation?" What can other governments do to help? And for completeness, How do governments keep currency stability?
12
votes
1answer
520 views

How much richer is the average member of the US Congress than the average professional in their district?

This is a multipart question, but it is seeking to generally understand if the average member of Congress is able to improve his lot financially by entering public service. My experience is that it ...
10
votes
2answers
610 views

What sort of evidence exists that higher salaries for political offices attract better candidates?

Legislators sometimes raise their own pay while claiming that it helps them do a better job and attracts better candidates. Sometimes the pay raises are justified with seemingly scientific claims. ...
6
votes
1answer
349 views

How were farmers affected by demonetization in India?

In 2016, The India government declared ₹500 and ₹1000 banknotes of the Mahatma Gandhi Series invalid. This announcement led to significant economic disruption. It is said that farmers were affected ...
4
votes
2answers
270 views

What arguments can be given in favour of financial barriers for participation in elections or electoral debates?

From this comment comes the quote: on a practical level, if you suck as a politician THAT much that you can't raise a paltry $50k in a country with 300Mil population, you clearly don't have enough ...
2
votes
2answers
746 views

How much money did Obama's Ebola czar Ron Klain donate to the Democratic Party?

I don't need the exact figure, I only want a rough estimation.