Type Here to Get Search Results !

Who Created Money, || Click To Know One Of The Important Answer,

 Who created money? The answer is simple: the government. Money was originally created by the government to serve as a medium of exchange. 

This means that the government has the power to create or destroy money at will.

Inflation is the increase in the supply of money over time. When inflation occurs, prices rise because the value of each unit of currency decreases. 

For example, let’s say that $1 million is worth $100 today. If the government decides to print another $1 million tomorrow, then the new $1 million would only be worth $10,000.

 Money is created by governments through central banks. Central banks control the amount of money in circulation by controlling the number of banknotes issued. 

They also determine interest rates and other monetary policies.

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad