How do countries end up with worthless currency? Like countries who’s dollar bills lie on the ground or are burned for warmth because it has no purchase power anymore

Question

How do countries end up with worthless currency? Like countries who’s dollar bills lie on the ground or are burned for warmth because it has no purchase power anymore

In: 174

Answer 1

And why do they print too much? It’s often for the government to pay for things they cannot afford with tax revenue. It can work short term, but the bill comes due eventually.