When you print more money you lower the value of the money already in circulation.
If the government were to print a lot of money every $10 bill in your pocket would suddenly only buy you $9 worth of stuff because it would have been devalued.
Never heard about inflation ?! Damn it where are you from….
Name (required)
Mail (will not be published) (required)
Website
When you print more money you lower the value of the money already in circulation.
If the government were to print a lot of money every $10 bill in your pocket would suddenly only buy you $9 worth of stuff because it would have been devalued.
Never heard about inflation ?!
Damn it where are you from….