The united states has suffered several weather-related


The United States has suffered several weather-related disasters in recent years, including Hurricane Katrina, Superstorm Sandy, and numerous devastating tornados and floods. These unfortunate events have led to many billions of dollars in property damage losses, and as we in the New Jersey area know all too well from the aftermath of Sandy, it can take a frustratingly long time for victims of a huge storm to receive insurance money to rebuild, and many will never receive anywhere near enough money to cover their losses. Why, then, doesn't the Federal government simply order the Bureau of Printing and Engraving to print enough extra currency to cover all of these property losses, and give it to the storm victims so they can get things back to the way they were before the disaster?

 

 

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Financial Accounting: The united states has suffered several weather-related
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