how come currency changes in value?
In: Economics
Basically it’s supply and demand, if there’s demand then there’s supply but when there’s too much supply and not enough demand things lose value. Now normally people would apply this rule to things like resources and objects but money is also subject to it and so when a country starts printing money the value goes down because there’s more in circulation than normal. This is why during the depression it costs hundreds of dollars to get a simple loaf of bread or some dried meat.
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