mtgking3805 mtgking3805
  • 15-04-2021
  • Mathematics
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What are the moral problems with inflation?

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deondra12
deondra12 deondra12
  • 15-04-2021

Answer:

Inflation is primarily a moral problem in that the increase in the quantity of money and expand­ing of credit makes it possible for the government to meet its expenditures with money of a constantly decreasing nominal value.

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