Can they ever be reset? Or will one day a regular chocolate bar cost for example €50? House that costs €200k cost €1,000,000? Will the likes of the euro or US dollar one day be the same as currencies such as the YEN where “1” of them is essentially worthless?
In: Economics
>Will the likes of the euro or US dollar one day be the same as currencies such as the YEN where “1” of them is essentially worthless?
Like the US penny? In 1870 you could buy a pound of sugar for 7¢ or a pound of cheese for 5¢.
Latest Answers