How can a currency lose its value?
In: 2
TECHNICALLY it doesn’t. 1 dollar will always be 1 dollar. But when the government continues making 1 dollar bills, more people can afford things, which affects supply and demand. People jack up prices for things since there will be a higher demand for them, which then devalues the currency. But 1 dollar is still a dollar, it has no real intrinsic value
Latest Answers