Monetary System/Hyperinflation Part 2: American Revolutionary War and Weimar Republic Germany
Inflation is an increase in the currency supply over a given period of time, which ultimately has the effect of devaluing that currency. More units of currency chasing after the same amount of goods/services necessitate a rise in prices. It must do an accounting of all the extra currency created in order to achieve equilibrium … Continue reading Monetary System/Hyperinflation Part 2: American Revolutionary War and Weimar Republic Germany
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