valentinareyes0719 valentinareyes0719
  • 10-02-2021
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Why did the value of paper money fall? I

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schiavotierra
schiavotierra schiavotierra
  • 19-02-2021

Answer:

· This is why we are all suc.kered into using an unstable, unpredictable, constantly depreciating currency as money. This is also why the official currencies of many 3 rd world countries and failed states are abandoned for US $ or barter: the currency’s value has usually been inflated away through money printing, and a failed state isn’t very good at collecting taxes.

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