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14195365
Topic
1140897
Board
Economics
Re: Why not just print dollars?
by
Rostadom
on
14/03/2016, 15:18:32 UTC
Quote from: Imran.shamsi on March 01, 2016, 08:29:04 AM
without Backup of Gold reserve government print Dollar then Currency value goes down and inflation increase.
Even with the back up of gold reserves, the currency will still devalue as too many notes are printed. You cannot exchange them for gold.