“A government can pay for some of its spending simply by printing money. When countries rely heavily on this “inflation
Posted: Tue Jan 18, 2022 12:57 pm
“A government can pay for some of its
spending simply by printing money. When countries rely heavily on
this “inflation tax,” the result is hyperinflation.”
Do you agree with this statement?
Explain.
spending simply by printing money. When countries rely heavily on
this “inflation tax,” the result is hyperinflation.”
Do you agree with this statement?
Explain.