Why the goverment of a country wouldn’t just make more money to make the country rich?
In: Economics
Because the value isn’t in the currency, the currency is backed by the value of the country. If you have a country that produces no goods or services, if they have nothing of value the currency can buy from the country, then the currency is worthless. It doesn’t matter how much you print if no one is going to accept a currency that has no buying power.
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