The supply of money in a single country was subject to no centralized, responsible control in most countries over recent centuries.
The supply of money in a single country was subject to no centralized, responsible control in most countries over recent centuries.
Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
The bankers made loans to business so that the volume of money increased faster than the increase in goods. The result was inflation.
© 2020 Inspirational Stories
© 2020 Inspirational Stories