financedigg℠ on Instagram: "Professor Jiang Xueqin: why poverty exists if money can be created infinitely. The core economic explanation is that money is a medium of exchange, not wealth itself, which is comprised of real resources like food, land, and labor. The Role of Scarcity Resources are Limited: The fundamental problem in economics is that human wants are virtually unlimited, but the physical resources (raw materials, land, human labor, time) available to satisfy those wants are finite. Y